Resolution No. 295/2007/NQ-UBTVQH12 on the issuance of export tax rates according to the list of taxable goods categories and tax rate brackets for each category, and preferential import tax rates according to the list of taxable goods categories and preferential tax rate brackets for each category.

RESOLUTION

Regarding the issuance of the export tax schedule according to the list of goods subject to taxation and the tax rate range for each category of goods, the import tax schedule according to the list of goods subject to taxation and the preferential tax rate range for each category of goods

tax and tariff rate brackets for each group of goods, tariff scheduleTariff Rate

according to the list of taxable goods groups and tariff rate brackets preferential treatment for each

group of goods
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THE STANDING COMMITTEE OF THE NATIONAL ASSEMBLY
SOCIALIST REPUBLIC OF VIET NAM

Pursuant to the Constitution of the Socialist Republic of Vietnam promulgated in 1992, as amended and supplemented by Resolution No. 51/2001/QH10 dated December 25, 2001 of the Tenth National Assembly, Session 10;

Pursuant to the Law on the Organization of the National Assembly No. 30/2001/QH10 dated December 25, 2001 and the Law Amending and Supplementing Certain Provisions of the Law on the Organization of the National Assembly No. 83/2007/QH11 dated April 2, 2007;

Pursuant to the Law on Export Tax and Import Tax No. 45/2005/QH11 dated June 14, 2005;

Pursuant to Resolution No. 71/2006/QH11 dated November 29, 2006 of the National Assembly approving the Protocol on Accession to the World Trade Organization (WTO) of the Socialist Republic of Vietnam;

At the proposal of the Government;

RESOLUTION:

2. Entrusting the Minister of Finance to determine the tax rates for export taxes and preferential import taxes for each item in accordance with procedures prescribed by the Government, ensuring the following principles:

a) Consistent with the list of goods subject to taxation and within the tax rate range issued by the Standing Committee of the National Assembly;

b) Contributing to stabilizing state budget revenue and market stability;

c) Protecting domestic production under conditions consistent with international treaties to which the Socialist Republic of Vietnam is a party.

3. This Resolution replaces Resolution No. 977/2005/NQ-UBTVQH11 dated December 13, 2005 of the Standing Committee of the National Assembly regarding the issuance of the export tax schedule according to the list of goods subject to taxation and the tax rate range for each category of goods; the preferential import tax schedule according to the list of goods subject to taxation and the preferential tax rate range for each category of goods.

4. This Resolution takes effect from January 1, 2008.