Circular No. 20/2011/TT-BTC stipulates that the rate of export tax on yellow phosphorus items under code 2804.70.00.00 in the Export Tax Tariff is 5%.
Key points
- Yellow phosphorus items under code number 2804.70.00.00 are added to the List of taxable items in the Export Tax Tariff with a tax rate of 5%.
- This Circular takes effect 45 days from the date of signature.
🌐 Social impact of this document
- Yellow phosphorus production enterprises will have to pay an export tax of 5%, increasing production costs.
- Consumers may see an increase in the price of imported goods from Vietnam due to the increased tax rate.
❓ Frequently asked questions
What items are specified in this Circular?
This Circular specifies yellow phosphorus items under code number 2804.70.00.00.
What is the export tax rate for yellow phosphorus items?
The export tax rate for yellow phosphorus items is 5%.
When does this Circular take effect?
This Circular takes effect 45 days from the date of signature.
How is yellow phosphorus included in the list of taxable items in the Export Tax Tariff?
Yellow phosphorus items under code number 2804.70.00.00 are added to the List of taxable items in the Export Tax Tariff in Appendix I issued together with Circular No. 184/2010/TT-BTC.
What legal documents serve as the basis for issuing this Circular?
This Circular is based on the Law on Export Tax, Import Tax dated June 14, 2005; Resolution No. 295/2007/NQ-UBTVQH12 of the Standing Committee of the National Assembly; Decree No. 87/2010/NĐ-CP and Decree No. 118/2008/NĐ-CP.
Full text
CIRCULAR
Prescribing the rate of export tax on yellow phosphorus items
with code 2804.70.00.00 in the Export Tax Tariff
_____________________
Pursuant to Resolution No. 710/2008/NQ-UBTVQH12 dated November 22, 2008 of the Standing Committee of the National Assembly amending Resolution No. 295/2007/NQ-UBTVQH12 dated September 28, 2007 of the Standing Committee of the National Assembly regarding the issuance of the Export Tariff according to the list of taxable goods and tariff ranges for each group of goods, the Preferential Import Tariff according to the list of taxable goods and preferential tariff ranges for each group of goods;
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 goods categories and tax rates for each category, the Preferential Import Tariff according to the list of taxable goods categories and preferential tax rates for each category;
Pursuant to Resolution No. 710/2008/NQ-UBTVQH12 dated November 22, 2008 of the Standing Committee of the National Assembly on amending 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 goods categories and tax rates for each category, the Preferential Import Tariff according to the list of taxable goods categories and preferential tax rates for each category;
Pursuant to Resolution No. 830/2009/UBTV12 dated October 17, 2009 of the Standing Committee of the National Assembly on amending Resolution No. 295/2007/NQ-UBTVQH12 dated September 28, 2007 and Resolution No. 710/2008/NQ-UBTVQH12 dated November 22, 2008;
Pursuant to Decree No. 215/2013/NĐ-CP dated December 23, 2013 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance.
Pursuant to the 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 prescribes the rate of export tax on yellow phosphorus items in the Export Tariff as follows:
Article 1. Rate of export tax
Supplementing yellow phosphorus items with code 2804.70.00.00 into the List of Taxable Goods in the Export Tariff at Appendix I issued together with Circular No. 184/2010/TT-BTC dated November 15, 2010 of the Ministry of Finance prescribing the rate of tax of the Export Tariff, the Preferential Import Tariff according to the list of taxable goods with an export tax rate of 5% (five percent).
Article 2. Effective Date
This Circular takes effect 45 days from the date of signature./.
DEPUTY MINISTER
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