Circular No. 12137/TC-CST guiding the confirmation of conditions to implement preferential tax policies for enterprises producing and assembling motorcycles under 50 cm3 imported before January 1, 2003, and from engine spare parts imported from January 1, 2003 to August 6, 2003, to obtain quality inspection certification.
Scope of application
Enterprises producing and assembling motorcycles under 50 cm3; Ministry of Transport (National Testing Center); General Department of Customs;
Key points
- Enterprises producing and assembling motorcycles under 50 cm3 imported before January 1, 2003 will be provided with a list by the Ministry of Finance to the National Testing Center for quality inspection certification issuance.
- For enterprises producing from engine spare parts imported from January 1, 2003 to August 6, 2003, the General Department of Customs confirms the conditions for implementing preferential tax policies when the enterprise has settled taxes according to the localization rate of two-wheeled motorbikes in 2001 and paid the additional tax due for 2001.
- The enterprise will be refunded import tax or subject to additional tax based on the determination of the localization rate of two-wheeled motorbikes in 2001.
- During the implementation process, enterprises should report difficulties and obstacles to the Ministry of Finance for timely resolution.
- The Vietnam National Testing Center uses the confirmation information from the General Department of Customs as the basis for issuing quality inspection certification for enterprises.
🌐 Social impact of this document
- Enterprises producing and assembling motorcycles under 50 cm3 enjoy preferential tax policies.
- The National Testing Center has legal grounds to issue quality inspection certification for enterprises.
- Confirming the conditions for implementing tax policies facilitates the production and assembly of motorcycles under 50 cm3.
❓ Frequently asked questions
Which enterprises are eligible for quality inspection certification?
Enterprises that have been confirmed by the Ministry of Finance regarding the conditions for implementing preferential tax policies for motorcycles under 50 cm3.
How is the confirmation of conditions for implementing tax policies carried out?
For enterprises producing from engine spare parts imported from January 1, 2003 to August 6, 2003, the General Department of Customs confirms after the enterprise has settled taxes according to the localization rate of two-wheeled motorbikes in 2001 and paid the additional tax due for 2001.
Will the enterprise be refunded import tax or subject to additional tax?
The enterprise will be refunded import tax or subject to additional tax based on the determination of the localization rate of two-wheeled motorbikes in 2001.
Full text
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MINISTRY OF FINANCE Number: 12137 TC/CST Regarding: Confirmation of Tax Policy Implementation for Motorcycles Under 50cm Quality Inspection3 |
SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom – Happiness ---------------- Hanoi, November 20, 2003 |
Unit: Equivalent USD: - Ministries, Agencies Equivalent to Ministries, Government Agencies
- People's Committees of Provinces and Central Cities
- Vietnam Bicycle-Motorcycle Association
Pursuant to the Prime Minister's Office's opinions in Circular No. 3792/VPCP-CN dated August 6, 2003 and Circular No. 5334/VPCP-CN dated October 30, 2003 regarding the issuance of quality inspection certificates and management of motorcycles under 50cm, the Ministry of Finance guides the confirmation of tax policy implementation conditions according to current regulations for enterprises as follows:31/ The Ministry of Finance sends the Ministry of Transport (Vehicle Inspection Bureau) the list of enterprises (as attached Appendices 1 and 2), which have been notified by the Minister of Finance to implement tax incentives for two-wheeled motor vehicles, two-wheeled motor vehicle engines, and engine import quotas in 2002, so that the Ministry of Transport (Vehicle Inspection Bureau) can conduct quality inspections for enterprises producing and assembling two-wheeled motor vehicles under 50cm imported before January 1, 2003.
2/ For enterprises producing and assembling two-wheeled motor vehicles under 50cm from imported engine components from January 1, 2003 to August 6, 2003: Based on Point 3 of Circular No. 13193 TC/TCT dated December 4, 2002 of the Ministry of Finance, the General Department of Customs (Ministry of Finance) shall confirm for these enterprises for the Ministry of Transport (Vehicle Inspection Bureau) to use as a basis for quality inspections; specifically as follows:3 - The enterprise has settled taxes according to the localization rate of two-wheeled motor vehicles in 2001 (clearly indicating whether the enterprise was subject to additional tax collection or received a refund of import duties).
- The enterprise has complied with the plan for paying the additional tax due in 2001.3 During the implementation process, if there are difficulties or obstacles, units should report to the Ministry of Finance for timely research and resolution.
Place of receipt:
- Vietnam Vehicle Inspection Bureau
- Provincial Tax Departments, Provincial Departments of Planning and Investment, Customs Departments of provinces and centrally-administered cities
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- To be filed at the Ministry of Finance (HC, TH), Tax Policy Department (3 copies) - As above - Office of the Government DEPUTY MINISTER OF FINANCE Director of the Tax Policy Department - Units under the Ministry of Finance Quach Duc Phap |
MINISTER OF FINANCE Director of the Tax Policy Department
Quach Duc Phap |
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