Decision No. 54/2014/QĐ-TTg on exemption from import tax for components imported for the production and assembly of medical equipment that needs to be prioritized for research and manufacturing.

Pursuant to …;

Regarding exemption from import tax for components imported for production and assembly of medical equipment that needs to be prioritized for research and manufacture,for production and assembly of medical equipment that needs to be prioritized for research and manufacture.

Pursuant to the Law on Organization of the Government dated December 25, 2001;

Pursuant to the Law on Export Duties and Import Duties dated June 14, 2005;

Pursuant to the Government's Decree No. 87/2010/NĐ-CP dated August 13, 2010 detailing certain provisions of the Law on Export Duties and Import Duties;

At the proposal of the Minister of Finance,

The Prime Minister issues this Decision on the exemption from import tax for components imported for production and assembly of medical equipment that needs to be prioritized for research and manufacture.

Article 1. Scope of Regulation

Goods are components imported for investment projects to produce and assemble medical equipment that needs to be prioritized for research and manufacture shall be exempted from import tax for a period of five (5) years, starting from the date when the project begins producing and assembling medical equipment.

Article 2. Conditions for application of preferential import tax exemptions

Goods are exempted from import tax under Article 1 of this Decision when they meet the following conditions:

1. They are components imported for production and assembly of medical equipment that needs to be prioritized for research and manufacture of the investment projects listed in the Appendix attached to this Decision.

2. They belong to types that cannot be produced domestically.

Article 3. Implementation Organization

1. This Decision takes effect from November 15, 2014.

2. The Ministry of Finance shall provide guidance on the implementation of this Decision.

3. The Ministry of Health shall direct, guide, inspect, and supervise the implementation of laws and regulations on the production and assembly of medical equipment and the provisions of this Decision.

4. Ministers, Heads of ministerial-level agencies, Heads of government-affiliated agencies, Chairpersons of provincial People's Committees under central cities, and related organizations and individuals are responsible for implementing this Decision./.