Circular No. 03/2015/TT-BTC Amending the preferential import tax rate for certain petroleum products under subheading 27.10 in the Preferential Import Tariff Schedule

CIRCULAR

Amend the preferential import tax rate for certain petroleum products

petroleum products belonging to subheading 27.10 in the Preferential Import Tariff Schedule

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Pursuant to the Law on Export Tax and Import Tax dated June 14, 2005;

Pursuant to Resolution No. 295/2007/NQ-UBTVQH12 dated September 28, 2007 on the issuance of the Export Tariff based on the list of taxable goods categories and tax rate ranges for each category of goods, and the Preferential Import Tariff based on the list of taxable goods categories and preferential tax rate ranges for each category of goods;

Pursuant to Decree No. 87/2010/NĐ-CP dated August 13, 2010 of the Government detailing certain provisions of the Law on Export Duties and Import Duties;

Pursuant to Decree No. 215/2013/NĐ-CP dated December 23, 2013 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

Based on the preferential import tariff rates for petroleum products corresponding to the prices of petroleum products on the world market as stated in Circular No. 17728/BTC-CST dated December 4, 2014 of the Ministry of Finance, and the preferential import tariff rates for aviation gasoline and jet fuel corresponding to the prices of aviation gasoline and jet fuel on the world market as stated in Circular No. 16661/BTC-CST dated November 29, 2012 of the Ministry of Finance;

At the proposal of the Director of the Policy Department;

The Minister of Finance hereby promulgates this Circular amending the preferential import tax rate for certain gasoline and diesel products under subheading 27.10 in the Preferential Import Tariff Schedule.

Article 1. Amend the preferential import tariff rates for certain petroleum products belonging to subheading 27.10 in the Preferential Import Tariff Schedule.

Amend the preferential import tariff rates for certain petroleum products belonging to subheading 27.10 in the Preferential Import Tariff Schedule attached to Circular No. 213/2014/TT-BTC dated December 31, 2014 of the Minister of Finance to new preferential import tariff rates specified in the List of Preferential Import Tariff Rates issued together with this Circular.

Article 2. Effectiveness

1. This Circular takes effect from January 7, 2015.

2. This Circular replaces Circular No. 185/2014/TT-BTC dated December 5, 2014 of the Minister of Finance amending the preferential import tariff rates for certain petroleum products belonging to subheading 27.10 in the Preferential Import Tariff Schedule; and Circular No. 213/2014/TT-BTC dated December 31, 2014 of the Minister of Finance amending the preferential import tariff rates for aviation gasoline and jet fuel belonging to subheading 27.10 in the Preferential Import Tariff Schedule./.