Decision No. 22/2004/QD-BTC on temporarily setting preferential import tax rates for certain steel products.

Pursuant to …;

Regarding the determination of preferential import tax rates for certain steel products

____________________________

 THE MINISTER OF FINANCE

Pursuant to Decree No. 86/2002/NĐ-CP dated November 5, 2002 of the Government stipulating the functions, tasks, powers, and organizational structure of Ministries and ministerial-level agencies;

Pursuant to Decree No. 77/2003/NĐ-CP dated July 1, 2003 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

Pursuant to the Tariff Schedule attached to Resolution No. 63/NQ-UBTVQH10 dated October 10, 1998 of the Standing Committee of the National Assembly, Session X, which has been amended and supplemented by Resolution No. 399/2003/NQ-UBTVQH11 dated June 19, 2003 of the Standing Committee of the National Assembly, Session XI on amending and supplementing the Tariff Schedule according to the list of taxable goods;

Pursuant to Article 1 of Decree No. 94/1998/NĐ-CP dated November 17, 1998 of the Government detailing the implementation of the Law Amending and Supplementing Certain Provisions of the Export Tax, Import Tax Law No. 04/1998/QH10 dated May 20, 1998;

Considering the significant fluctuations in the world and domestic steel prices, affecting production, business operations, and domestic construction investment;

At the proposal of the Director of the Tax Policy Department; the Director of the Price Management Department,

DECISION:

Article 1. Attached hereto is the List and preferential import tax rates for certain steel products. For items subject to preferential import tax rates as specified in Point 6 of Table II issued with Decision No. 110/2003/QD-BTC dated July 25, 2003 of the Minister of Finance, they shall continue to be implemented in accordance with Decision No. 110/2003/QD-BTC.

Article 2.This Decision takes effect fifteen days from the date of publication in the Official Gazette. Specifically, the preferential import tax rate prescribed in Article 1 shall apply to customs declarations for imported goods submitted to customs authorities from February 27, 2004 until a new decision is issued by the Minister of Finance.