Decision No. 119/2008/QD-TTg On the issuance of the absolute export tax rate for raw copper ore and refined copper concentrate

Pursuant to …;

Regarding the issuance of the absolute export tax rate for

 copper ore and refined copper concentrate

__________________

PRIME MINISTER

Pursuant to the Law on Organization of the Government dated December 25, 2001;

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

Pursuant to Decree No. 149/2005/NĐ-CP dated December 8, 2005 of the Government detailing the implementation of the Law on Export Tax and Import Tax.

Considering the proposal of the Minister of Finance,

DECISION:

Article 1. The absolute export tax rate for copper ore and refined copper concentrate (subheading 2603.00.00.00) is set at 200 USD per ton.

Article 2. Based on market conditions and price fluctuations of copper ore and refined copper concentrate during each period, the Ministry of Finance shall decide to adjust the absolute tax rate specified in Article 1 of this Decision by increasing or decreasing it by no more than 20%; in cases where adjustments exceed 20% of the tax rate specified in Article 1 of this Decision, the Ministry of Finance shall submit to the Prime Minister for decision.

Article 3. This Decision takes effect 15 days after its publication in the Official Gazette.

Article 4. Ministers, heads of ministerial-level agencies, heads of government-affiliated agencies, Chairpersons of People's Committees of provinces and centrally governed cities are responsible for implementing this Decision./.