Decision No. 81/2008/QD-BTC On Amending the Export Tax Rate for Certain Non-Alloy Steel Products in the Export Tariff

Pursuant to …;

REGARDING THE AMENDMENT OF THE EXPORT TAX RATE FOR CERTAIN NON-ALLOY STEEL PRODUCTS IN THE EXPORT TAX SCHEDULE

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THE MINISTER OF FINANCE

WHEREAS, THE LAW ON EXPORT DUTIES AND IMPORT DUTIES NO. 45/2005/QH11 WAS ISSUED ON JUNE 14, 2005;

WHEREAS, RESOLUTION NO. 295/2007/NQ-UBTVQH12 WAS ISSUED BY THE STANDING NATIONAL ASSEMBLY ON SEPTEMBER 28, 2007, REGARDING THE ISSUE OF THE EXPORT TAX SCHEDULE BASED ON THE LIST OF COMMODITY GROUPS SUBJECT TO TAX AND THE TAX RATES FOR EACH COMMODITY GROUP, AND THE IMPORT DUTY WAIVER SCHEDULE BASED ON THE LIST OF COMMODITY GROUPS SUBJECT TO TAX AND THE WAIVER RATES FOR EACH COMMODITY GROUP;

WHEREAS, DECREE NO. 149/2005/ND-CP WAS ISSUED BY THE GOVERNMENT ON DECEMBER 8, 2005, PROVIDING GUIDELINES FOR THE IMPLEMENTATION OF THE LAW ON EXPORT DUTIES AND IMPORT DUTIES;

WHEREAS, DECREE NO. 77/2003/ND-CP WAS ISSUED BY THE GOVERNMENT ON JULY 1, 2003, PROVIDING THE FUNCTIONS, TASKS, POWERS, AND ORGANIZATIONAL STRUCTURE OF THE MINISTRY OF FINANCE;

At the request of the Director of the Tax Policy Department;

DECISION:

Article 1. THE EXPORT TAX RATE FOR IRON AND STEEL PRODUCTS BELONGING TO SUB-SECTION 7204.50.00.00 AND SECTIONS 7206 AND 7207 IS ADJUSTED FROM 20% (AS PROVIDED IN DECISION NO. 64/2008/QD-BTC ISSUED BY THE MINISTER OF FINANCE ON AUGUST 1, 2008) TO A NEW EXPORT TAX RATE OF 10%.

Article 2. THIS DECISION SHALL TAKE EFFECT AND BE APPLIED TO CUSTOMS DECLARATIONS FOR EXPORT GOODS REGISTERED WITH CUSTOMS AUTHORITIES 15 DAYS AFTER ITS PUBLICATION IN THE OFFICIAL GAZETTE./.