Decision No. 72/2002/QD-BTC amends the preferential import tax rates for certain items under groups 2709 and 2710 in the Preferential Import Tariff Schedule. This document specifies the new tax rates applicable to various types of crude oil, motor gasoline, aviation fuel, and other products.
Scope of application
Taxpayers, businesses trading in items under groups 2709 and 2710
Key points
- Businesses importing crude oil (group 2709) must pay a tax rate of 15%
- The tax rate for condensate in group 2709 is 5%
- Motor gasoline with lead additives, premium grade, and unleaded in group 2710 have a tax rate of 25%
- Aviation fuel with a flash point of 23 degrees Celsius or higher is subject to a tax rate of 25%
- Hydraulic brake fluid oil (group 2710) has a tax rate of 3%
🌐 Social impact of this document
- To adjust the structure of preferential import taxes in line with macroeconomic policies
- Increase budget revenue from petroleum products and derivatives
- Impact production costs for businesses using imported raw materials
❓ Frequently asked questions
What is the new tax rate for motor gasoline with lead additives, premium grade?
The new tax rate applied to this item is 25%.
Which group in this Decision regulates crude oil?
Crude oil belongs to group 2709 and has a tax rate of 15%.
Aviation fuel with a flash point below 23 degrees Celsius is subject to what tax rate?
The tax rate applied to this item is 25%
Full text
Pursuant to …;
DECISION NO. 72/2002/QD-BTC OF JUNE 5, 2002 ISSUED BY THE MINISTER OF FINANCE ON AMENDING THE IMPORT DUTY RATES FOR CERTAIN ITEMS IN GROUPS 2709 AND 2710 IN THE PREFERENTIAL IMPORT TAX SCHEDULE REGARDING THE AMENDMENT OF THE IMPORT DUTY RATES FOR CERTAIN ITEMS IN GROUPS 2709 AND 2710 IN THE PREFERENTIAL IMPORT TAX SCHEDULE
THE MINISTER OF FINANCE
Pursuant to Decree No. 15/CP dated March 2, 1993 of the Government on the tasks, powers, and responsibilities for state management of ministries and ministerial-level agencies;
BASED ON 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 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, Tenth Session;
Pursuant to Article 1 of Decree No. 94/1998/ND-CP dated November 17, 1998 of the Government detailing the implementation of the Law Amending and Supplementing Certain Articles of the Law on Export Tax and Import Tax No. 4/1998/QH10 dated May 20, 1998;
At the proposal of the Director General of the State Revenue总局局长的提议；
DECISION:
Article 1:Amend the preferential import duty rates for certain items in Groups 2709 and 2710 as specified in Decision No. 59/2002/QD-BTC dated May 15, 2002 of the Minister of Finance to new preferential import duty rates as follows:
|
Code Number |
Description of Group, Item |
Tax Rate (%) |
||
|
Group |
Subgroup |
|||
|
1 |
2 |
3 |
4 |
5 |
|
2709 |
Crude petroleum and other oils obtained from bituminous minerals, in crude form |
|||
|
2709 |
00 |
10 |
- Crude oil (petroleum) |
15 |
|
2709 |
00 |
20 |
- Condensate |
5 |
|
2709 |
00 |
90 |
- Other |
15 |
|
2710 |
Crude petroleum and other oils obtained from bituminous minerals, except crude; preparations not elsewhere specified or included with a specific gravity of crude petroleum or other oils obtained from bituminous minerals of 70 percent or more, these oils being the basic components of such preparations |
|||
|
- Crude petroleum and other oils obtained from bituminous minerals, except crude; preparations not elsewhere specified or included with a specific gravity of crude petroleum or other oils obtained from bituminous minerals of 70 percent or more, these oils being the basic components of such preparations: |
||||
|
2710 |
11 |
- - Light oils and products derived therefrom: |
||
|
2710 |
11 |
11 |
- - - High-grade leaded gasoline |
25 |
|
2710 |
11 |
12 |
- - - High-grade unleaded gasoline |
25 |
|
2710 |
11 |
13 |
- - - Standard leaded gasoline |
25 |
|
2710 |
11 |
14 |
- - - Standard unleaded gasoline |
25 |
|
2710 |
11 |
15 |
- - - Other leaded gasoline |
25 |
|
2710 |
11 |
16 |
- - - Other unleaded gasoline |
25 |
|
2710 |
11 |
17 |
- - - Aviation gasoline |
15 |
|
2710 |
11 |
21 |
- WHITE GASOLINE |
10 |
|
2710 |
11 |
22 |
- LOW AROMATIC GASOLINE SOLVENTS, CONTAINING LESS THAN 1% AROMATICS |
10 |
|
2710 |
11 |
23 |
- OTHER GASOLINE SOLVENTS |
10 |
|
2710 |
11 |
24 |
- Naptha, Reformate and other preparations for blending gasoline |
25 |
|
2710 |
11 |
25 |
- - - Other light oils |
25 |
|
2710 |
11 |
29 |
- - Of chickens of the species Gallus domesticus |
25 |
|
2710 |
19 |
- - - Other |
||
|
- MID-DISTILLATES AND OTHER PREPARATIONS: |
||||
|
2710 |
19 |
11 |
- COMMON FUEL OIL |
20 |
|
2710 |
19 |
12 |
- - - - Other fuel oil including gas oil |
20 |
|
2710 |
19 |
13 |
- JET FUELS WITH FLASH POINT 23°C OR HIGHER |
25 |
|
2710 |
19 |
14 |
- JET FUELS WITH FLASH POINT BELOW 23°C |
25 |
|
2710 |
19 |
15 |
- - - - Straight-chain paraffin |
10 |
|
2710 |
19 |
19 |
- OTHER MID-DISTILLATES AND PREPARATIONS |
10 |
|
- - Other: |
||||
|
2710 |
19 |
21 |
- - - - Base stock for blending lubricating oil |
10 |
|
2710 |
19 |
22 |
- - - - Lubricating oil for aircraft engines |
5 |
|
2710 |
19 |
23 |
- - - - Other lubricating oils |
20 |
|
2710 |
19 |
24 |
- - - - Greases |
10 |
|
2710 |
19 |
25 |
- HYDRAULIC FLUIDS |
3 |
|
2710 |
19 |
26 |
- - - Other fuel oils |
10 |
|
2710 |
19 |
27 |
- HIGH-SPEED DIESEL FUELS |
15 |
|
2710 |
19 |
28 |
- OTHER DIESEL FUELS |
15 |
|
2710 |
19 |
29 |
- OTHER FUELS |
0 |
|
2710 |
19 |
30 |
- - - - Other |
10 |
|
2710 |
90 |
00 |
- Other |
10 |
Article 2:This Decision shall take effect and be applied to import declarations submitted to customs authorities from June 7, 2002. All previous provisions contrary to this Decision are hereby abolished.
|
Vu Van Ninh (Signed) |
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