Circular No. 2253/TC/TCT guides the classification of diesel engines with a power output of 105 kW for automobiles according to the preferential import tariff schedule, determining the item code and applicable tax rate.
Scope of application
General Department of Customs, Import-Export Company with Laos
Key points
- Diesel engines with a power output of 105 kW used in automobiles belong to subheading 8408.20 under heading 8408, with HS Code 8408.20.99.
- The preferential import tariff rate applicable to this item is 30%.
- Based on the amended and supplemented list of names and tax rates for certain items in the Preferential Import Tariff Schedule issued together with Decision No. 137/2001/QĐ-BTC.
- The principles for classifying goods according to the Import Tariff Schedule as stipulated in Circular No. 37/1999/TT-BTC are applied.
- The Harmonized System Nomenclature of the World Customs Organization serves as a reference basis for classifying items.
🌐 Social impact of this document
- To ensure clarity and consistency in determining the tax code and rate for diesel engines used in automobiles.
- To assist import-export enterprises with legal grounds to accurately perform customs procedures.
❓ Frequently asked questions
What is the HS Code for diesel engines with a power output of 105 kW used in automobiles?
The HS Code is 8408.20.99
What is the preferential import tariff rate applicable to diesel engines with a power output of 105 kW used in automobiles?
The preferential import tariff rate is 30%
Full text
LETTER
MINISTRY OF FINANCE NUMBER 2253 TC/TCT DATE MARCH 18, 2002
REGARDING CLASSIFICATION OF AUTOMOBILE ENGINE ITEMS
ACCORDING TO THE IMPORT DUTY TABLE
Dear: - General Department of Customs
- Laos Import-Export Company
The Ministry of Finance has received letter number 30/VL-X3 dated February 27, 2002 from the Laos Import-Export Company regarding the classification of item codes for diesel engines with a power output of 105 kW used in automobiles according to the Amended and Supplemental List of Names and Tariffs for Certain Items in the Preferential Import Tax Schedule; concerning this matter, the Ministry of Finance has the following opinion: preferential treatment; regarding this case, the Ministry of Finance comments as follows:
Based on the Amended and Supplemental List of Names and Tariff Rates for Certain Items in the Preferential Import Tax Schedule issued together with Decision No. 137/2001/QĐ-BTC dated December 18, 2001 by the Minister of Finance (effective from January 15, 2002); the principles for classifying goods according to the Import Tariff Table as stipulated in Circular No. 37/1999/TT-BTC dated April 7, 1999 issued by the Ministry of Finance;
Referring to the Harmonized System Nomenclature published by the World Customs Organization Council; then:
Item: Diesel engines for automobiles with a power output of 105 kW, classified under subheading 8408.20, code number 8408.20.99, preferential import tariff rate is 30% (thirty percent)
The Ministry of Finance provides this opinion for the General Department of Customs and the Laos Import-Export Company to be aware of and implement.
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