Decision No. 17/2008/QD-BTC amends export tax rates and preferential import tax rates for certain goods, to be applied from April 22, 2008.
Key points
- Enterprises shall calculate export taxes and preferential import taxes according to the new rates specified in List 1 and List 2, effective from April 22, 2008.
- Customs authorities shall conduct inspections and apply the new tax rates to export and import customs declarations starting from April 22, 2008.
- Enterprises shall not use the old tax rates after April 22, 2008.
- Customs authorities shall not apply the old tax rates to export and import customs declarations starting from April 22, 2008.
- Enterprises shall comply with the deadline for registering customs declarations, which is fifteen days after the date of publication of this Decision in the Official Gazette.
🌐 Social impact of this document
- Positive impact: Reduces the tax burden on exporting enterprises and preferential importing enterprises, helping to enhance the competitiveness of Vietnamese goods in the international market.
- Negative impact: Enterprises need time to adjust their business plans and become familiar with the new tax rates.
❓ Frequently asked questions
When will the new tax rates be applied?
The new tax rates will be applied from April 22, 2008.
What actions must the Customs authority undertake?
Customs authorities must conduct inspections and apply the new tax rates to export and import customs declarations starting from April 22, 2008.
Can enterprises use the old tax rates?
No, enterprises shall not use the old tax rates after April 22, 2008.
What is the deadline for registering customs declarations?
Enterprises shall comply with the deadline for registering customs declarations, which is fifteen days after the date of publication of this Decision in the Official Gazette.
Who does this Decision apply to?
This Decision applies to exporting enterprises and preferential importing enterprises, as well as customs authorities.
Full text
Pursuant to …;
Regarding the amendment of export tax rates and preferential import tax rates for certain groups of goods in the Export Tariff and Preferential Import Tariff
THE MINISTER OF FINANCE
Pursuant to the Law on Export Duties and Import Duties No. 45/2005/QH11 dated June 14, 2005;
Pursuant to Resolution No. 295/2007/NQ-UBTVQH12 dated September 28, 2007 of the Standing Committee of the National Assembly on the issuance of the Export Tariff according to the list of taxable commodity groups and tax rate brackets for each group, and the Preferential Import Tariff according to the list of taxable commodity groups and preferential tax rate brackets for each group;
Pursuant to Decree No. 149/2005/ND-CP dated December 8, 2005 of the Government detailing the implementation of the Law on Export Tax and Import Tax;
Pursuant to Decree No. 77/2003/ND-CP dated July 1, 2003 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;
Pursuant to Resolution No. 10/2008/NQ-CP dated April 17, 2008 of the Government on measures to control inflation, stabilize macroeconomic conditions, ensure social welfare, and achieve sustainable growth;
At the proposal of the Director of the Department of Tax Policy,
DECISION:
Article 1. Amend the export tax rates and preferential import tax rates of certain groups of goods specified in Decision No. 106/2007/QD-BTC dated December 20, 2007, which has been amended by Decision No. 13/2008/QD-BTC dated March 11, 2008 of the Minister of Finance, to new export tax rates and preferential import tax rates as set out in Annex 1 and Annex 2 attached hereto.
Article 2. This Decision shall take effect fifteen days from the date of publication in the Official Gazette and shall apply to customs declarations for exported and imported goods registered with customs authorities from April 22, 2008.
DEPUTY MINISTER
Original document (PDF)
Relations map
Click a document to open. A red border = a relation that changes validity.
Translations
This document is available in the following languages: