Circular No. 38/2009/TT-BTC Regarding the adjustment of preferential import tax rates for automobile parts and components in the Import Tariff Schedule

CIRCULAR

Regarding the adjustment of preferential import tax rates for

automobile parts and components in the Import Tariff

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

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 rate brackets for each category, and the Preferential Import Tariff according to the list of taxable goods categories and preferential tax rate brackets for each category;

Pursuant to Decree No. 149/2005/NĐ-CP dated December 8, 2005 of the Government detailing the implementation of the Law on Export Tax and Import Tax;

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;

Pursuant to the conclusion of the Prime Minister in Official Letter No. 20/TB-VPCP dated January 17, 2009 of the Office of the Government; the opinion of the Ministry of Planning and Investment in Circular No. 1003/BKH-TCTT dated February 19, 2009 and that of the Ministry of Industry and Trade in Circular No. 1075/BCT-CNNg dated February 11, 2009;

The Ministry of Finance guides the implementation of preferential import tax rates for automobile parts and components in the Preferential Import Tariff as follows:

Article 1. Adjusting the preferential import tax rates for engines, gearboxes, clutches, and their parts belonging to groups 84.07, 84.08, 84.09, 87.08 as stipulated in Decision No. 123/2008/QĐ-BTC dated December 26, 2008 of the Minister of Finance on adjusting export tax rates and preferential import tax rates for certain categories of goods in the Export Tariff and Preferential Import Tariff to new preferential import tax rates as specified in the List attached to this Circular.

Article 2. This Circular takes effect and applies to Customs Declaration Forms for imported goods registered with Customs authorities from March 9, 2009./.