Decision No. 25/2003/QD-BTC of the Ministry of Finance abolishes the maximum selling price for construction steel, effective from March 1, 2003. This decision does not specifically stipulate the rights and obligations of enterprises or individuals.
Key points
- Abolish the maximum selling price for construction steel as set forth in Decision No. 20/1999/QD-BVGCP and document No. 23/BVGCP-TLSX of the Government Price Control Board.
- This decision takes effect from March 1, 2003.
🌐 Social impact of this document
- Positive impact: Steel enterprises will be free to adjust prices according to market conditions, creating opportunities for fair competition.
- Negative impact: Individuals and construction projects may face fluctuations in steel prices.
❓ Frequently asked questions
When does this decision take effect?
This decision comes into force on March 1, 2003, pursuant to Article 2 of the Decision.
Is there a provision regarding the maximum price for construction steel?
No, this decision abolishes the maximum selling price for construction steel, thus there is no provision regarding the maximum price.
Who is this decision applicable to?
This decision does not specify the subjects to which it applies, but it relates to enterprises producing and trading in construction steel, as well as individuals and construction projects.
What effects does the abolition of the maximum selling price have?
The positive effect is to facilitate fair competition, but it may also lead to price fluctuations in the steel market, affecting individuals and construction projects.
When was this decision issued?
Decision No. 25/2003/QD-BTC was issued on March 1, 2003, according to information in the Decision.
Full text
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MINISTRY OF FINANCE |
SOCIALIST REPUBLIC OF VIETNAM |
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Number: 25/2003/QD-BTC |
Hanoi, March 1, 2003 |
Pursuant to …;
Regarding the abolition of the maximum selling price for construction steel
THE MINISTER OF FINANCE
Pursuant to Decree No. 178/CP dated October 28, 1994 of the Government on the tasks, powers, and organizational structure of the Ministry of Finance.
Pursuant to the guidance of the Prime Minister in Official Letter No. 17/VPCP-KTTH dated March 1, 2003 of the Office of the Government regarding the adjustment of the iron and steel market.
DECISION:
Article 1. Abolish the maximum selling price for construction steel as stipulated in Decision No. 20/1999/QD-BVGCP dated April 10, 1999 and document No. 23/BVGCP-TLSX dated January 9, 2003 on the selling price of construction steel issued by the Government Price Board.
Article 2. This Decision takes effect from March 1, 2003.
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DEPUTY MINISTER DEPUTY MINISTER
(Signed)
Nguyen Ngoc Tuan
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