Circular No. 1200-TC/TCT dated April 16, 1997 of the Ministry of Finance guiding non-taxation of food transport from April 20, 1997 to support food business management in accordance with Decision No. 140/TTg.
Scope of application
Tax authorities at all levels; organizations and individuals transporting food
Key points
- Organizations and individuals transporting food are not required to pay tax from April 20, 1997 (Point 1)
- Food items exempted from taxation include unprocessed rice, wheat, and corn (Point 2)
- Fixed food trading organizations must still pay taxes in accordance with current regulations (Point 3)
- Reduce financial burden for organizations and individuals transporting food
- Support more effective management of the food business
- May lead to abuse to evade tax on other items
🌐 Social impact of this document
- Reduce financial burden for organizations and individuals transporting food
- Support more effective management of the food business
- May lead to abuse to evade tax on other items
❓ Frequently asked questions
From which date is there no taxation of food transport?
From April 20, 1997.
What types of food are exempt from taxation?
Unprocessed food such as rice, wheat, and corn (whether milled or unmilled).
Must fixed food trading organizations pay tax?
Yes, they must still pay taxes in accordance with current regulations.
Full text
LETTER
OF THE MINISTRY OF FINANCE NUMBER 1200 TC/TCT DATED APRIL 16, 1997
REGARDING NON-TAXATION FOR TRANSPORTATION
OF FOOD GRAINS
_____________
RESPECTFULLY SUBMITTED TO: PROVINCE AND CITY PEOPLE'S COMMITTEES DIRECTLY UNDER THE CENTRAL GOVERNMENT
Pursuant to Decision No. 140/TTg dated March 7, 1997 of the Prime Minister regarding policies and measures for managing food grain and fertilizer trade as stipulated in Point 4 - Article 1: "... abolish turnover tax on food grain transportation between regions...". In compliance with the Prime Minister's Decision, the Ministry of Finance hereby instructs as follows:
1. As of April 20, 1997, all levels of tax authorities shall not collect taxes for food grains being transported by any organizations and individuals.
2. The types of food grains exempt from taxation under this Letter include unprocessed food grains such as: rice (all varieties), paddy (all varieties), and corn (both milled and unmilled).
3. Organizations and individuals engaged in fixed business operations with the aforementioned food grain products must still pay taxes according to current regulations.
We request that Province and City People's Committees directly under the Central Government instruct tax authorities, market inspection forces... to effectively implement this matter and prevent any negative practices concerning the transportation of these goods on all traffic routes.
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