This Decision amends the preferential import tariff rates for certain items under Group 2710, applicable to import declarations from May 25, 2004.
Scope of application
Import enterprises of oil and petroleum products.
Key points
- Enterprises importing oil derived from crude oil and bituminous minerals (excluding crude form) will not be subject to a 0% tariff rate for all types of motor gasoline, turbine fuel for aviation, white spirit, naptha, reformate, middle distillates, lubricating oils, and transformer oils.
- Waste oils containing polychlorinated biphenyls (PCBs), polychlorinated terphenyls (PCTs), or polybrominated biphenyls (PBBs) will be subject to a 20% tariff rate, while other types will also be subject to a 20% tariff rate.
- Waste oils not containing the aforementioned substances will be subject to a 20% tariff rate. Other items under Group 2710 have tariff rates ranging from 0-5%.
- This Decision shall take effect fifteen days after its publication in the Official Gazette and shall apply to import declarations from May 25, 2004.
- Enterprises must comply with the new tariff rate regulations when declaring customs.
🌐 Social impact of this document
- Positive impact: Reducing import costs for enterprises producing oil and gasoline, supporting the development of this industry.
- Negative impact: Increasing tax burden on waste oils containing harmful substances.
❓ Frequently asked questions
What is the new tariff rate for motor gasoline?
Unleaded premium motor gasoline and leaded standard motor gasoline both bear a 0% tariff rate.
What is the tariff rate for waste oils containing polychlorinated biphenyls?
Waste oils containing polychlorinated biphenyls (PCBs), polychlorinated terphenyls (PCTs), or polybrominated biphenyls (PBBs) will be subject to a 20% tariff rate.
When does this Decision come into effect?
This Decision shall take effect fifteen days after its publication in the Official Gazette and shall apply to import declarations from May 25, 2004.
What is the tariff rate for waste oils that do not contain harmful substances?
Waste oils not containing polychlorinated biphenyls, polychlorinated terphenyls, or polybrominated biphenyls will be subject to a 20% tariff rate.
What is the tariff rate for middle distillates and lubricating oils?
Middle distillates have a tariff rate ranging from 0-5%, while other lubricating oils bear a 10% tariff rate. Brake fluid (lubricating oil for hydraulic brakes) bears a 3% tariff rate.
Full text
Pursuant to …;
Regarding the amendment of the import tariff rates for certain items
belonging to group 2710 in the Preferential Import Tariff Schedule
_____________________
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;
BASED ON 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 rate framework stipulated in the Import Tariff Schedule according to the List of Taxable Commodity Groups issued together with Resolution No. 63/NQ-UBTVQH10 dated October 10, 1998 of the Standing Committee of the National Assembly, 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;
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;
Pursuant to Circular No. 2333/VPCP-KTTH dated May 12, 2004 of the Office of the Government conveying the Prime Minister's opinion on handling losses and managing the operation of petroleum products trading;
At the request of the Director of the Tax Policy Department;
DECISION:
Article 1: Amend the preferential import tariff rates for certain items under group 2710 as specified in Decision No. 224/2003/QĐ-BTC dated December 25, 2003 of the Minister of Finance to new preferential import tariff rates as follows:
|
Item Code |
Description of Goods |
Tax Rate (%) |
||
|
2710 |
|
|
Oil of mineral origin and oils obtained from bituminous minerals, except crude oil; undetailed preparations or preparations not elsewhere specified containing 70% or more by weight of oil of mineral origin or oils obtained from bituminous minerals, these oils being the basic components of such preparations; waste oils |
|
|
|
|
|
- Oil of mineral origin and oils obtained from bituminous minerals (except crude form) and undetailed preparations or preparations not elsewhere specified containing 70% or more by weight of oil of mineral origin or oils obtained from bituminous minerals being the basic components of such preparations, except waste oils: |
|
|
2710 |
11 |
|
- - Light oils and products derived therefrom: |
|
|
2710 |
11 |
11 |
- - - High-grade leaded gasoline |
0 |
|
2710 |
11 |
12 |
- - - High-grade unleaded gasoline |
0 |
|
2710 |
11 |
13 |
- - - Standard leaded gasoline |
0 |
|
2710 |
11 |
14 |
- - - Standard unleaded gasoline |
0 |
|
2710 |
11 |
15 |
- - - Other leaded gasoline |
0 |
|
2710 |
11 |
16 |
- - - Other unleaded gasoline |
0 |
|
2710 |
11 |
17 |
- - - Aviation gasoline |
10 |
|
2710 |
11 |
18 |
- - - Tetrapropylene |
5 |
|
2710 |
11 |
21 |
- - - White spirit |
5 |
|
2710 |
11 |
22 |
- - - Solvents with aromatic content below 1% |
5 |
|
2710 |
11 |
23 |
- - - Other solvents |
5 |
|
2710 |
11 |
24 |
- - - Naptha, reformate and other preparations for blending gasoline |
0 |
|
2710 |
11 |
25 |
- - - Other light oils |
0 |
|
2710 |
11 |
29 |
- - Of chickens of the species Gallus domesticus |
0 |
|
2710 |
19 |
|
- - - Other |
|
|
|
|
|
- - - Medium oils (with medium boiling range) and preparations: |
|
|
2710 |
19 |
11 |
- - - - Kerosene |
0 |
|
2710 |
19 |
12 |
- - - - Other kerosene, including gas oil |
0 |
|
2710 |
19 |
13 |
- - - - Jet engine fuel (jet fuel) with flash point of 23°C or higher |
10 |
|
2710 |
19 |
14 |
- - - - Jet engine fuel (jet fuel) with flash point below 23°C |
10 |
|
2710 |
19 |
15 |
- - - - Straight-chain paraffin |
5 |
|
2710 |
19 |
19 |
- - - - Other medium oils and preparations |
5 |
|
|
|
|
- - Other: |
|
|
2710 |
19 |
21 |
- - - - Light oil fraction removed |
5 |
|
2710 |
19 |
22 |
- - - - Raw material for producing coke |
5 |
|
2710 |
19 |
23 |
- - - - Base stock for blending lubricating oil |
5 |
|
2710 |
19 |
24 |
- - - - Lubricating oil for aircraft engines |
5 |
|
2710 |
19 |
25 |
- - - - Other lubricating oils |
10 |
|
2710 |
19 |
26 |
- - - - Greases |
5 |
|
2710 |
19 |
27 |
- - - - Hydraulic fluid (brake fluid) |
3 |
|
2710 |
19 |
28 |
- - - - Transformer oil or oil for switching devices |
5 |
|
2710 |
19 |
31 |
- - - - High-speed diesel fuel |
0 |
|
2710 |
19 |
32 |
- - - - Other diesel fuel |
0 |
|
2710 |
19 |
33 |
- - - - Other burning fuels |
0 |
|
2710 |
19 |
39 |
- - - - Other |
5 |
|
|
|
|
- Waste oils: |
|
|
2710 |
91 |
00 |
-- Containing polychlorinated biphenyls (PCBs), polychlorinated terphenyls (PCTs) or polybrominated biphenyls (PBBs) |
20 |
|
2710 |
99 |
00 |
- Other |
20 |
Article 2: This Decision shall take effect 15 days from the date of publication in the Official Gazette and shall apply to import declarations submitted to customs authorities from May 25, 2004./.
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