Circular No. 179/2009/TT-BTC amends the preferential import tariff rates for certain items in the Preferential Import Tariff Schedule, applicable to importing enterprises. The Circular takes effect 45 days from the date of issuance.
Scope of application
Importing enterprises
Key points
- Enterprises importing goods under subheadings 39.20, 39.26, 85.39 shall be subject to the new preferential import tariff rates as specified in the List attached to this Circular.
🌐 Social impact of this document
- Enterprises will have to comply with the new tax regulations, which may affect import costs and profits.
- The specific impact depends on the comparison between the new tariff rates and those previously applied.
❓ Frequently asked questions
What are the new tariff rates?
The new tariff rates are stipulated in the List attached to this Circular, see the List for detailed information.
What is the effective date of this Circular?
The Circular takes effect 45 days from the date of issuance.
Which groups of goods are affected by this Circular?
Goods under subheadings 39.20, 39.26, 85.39 as specified in Decision No. 106/2007/QĐ-BTC.
Are there any procedures that need to be followed?
Enterprises must comply with the new tariff rates when importing goods under the subheadings specified in this Circular.
What penalties will be imposed if violated?
This Circular does not specify penalty provisions, thus it is necessary to refer to other legal documents regarding administrative violations of tax laws.
Full text
CIRCULAR
Regarding the amendment of preferential import tax rates for certain items in the Preferential Import Tariff Schedule
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Pursuant to the Law on Export Tax, Import Tax 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 Schedule according to the list of taxable commodity groups and the tax rate range for each group, the Preferential Import Tariff Schedule according to the list of taxable commodity groups and the preferential tax rate range for each group;
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;
Pursuant to Decree No. 118/2008/NĐ-CP dated November 27, 2008, of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;
The Ministry of Finance guides the implementation of preferential import tax rates for certain items in the Preferential Import Tariff Schedule as follows:
Article 1. Import Tax Rate
Adjust the preferential import tax rates of items belonging to groups 39.20, 39.26, 85.39 as stipulated in Decision No. 106/2007/QĐ-BTC dated December 20, 2007 of the Minister of Finance on the issuance of the Export Tariff Schedule, the Preferential Import Tariff Schedule, and related amendments and supplements to new preferential import tax rates as specified in the List attached to this Circular.
Article 2. Effective Date
This Circular shall take effect forty-five days from the date of signature.
DEPUTY MINISTER
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