Decision No. 920/TC-QĐ-TCT amends the import tax rate for gold items, specifically gold bars, ingots, shapes, sheets, and strips. The new tax rate is 5%, applicable from December 1, 1997.
要点
- Gold items (HS code 7108.00, subheading 7108.00.10) → will be subject to the new import tax rate of 5%.
- Other types of gold (subheading 7108.00.90) → will be subject to the import tax rate of 1%.
- This decision takes effect from December 1, 1997.
🌐 本文件的社会影响
- Gold trading enterprises will have to bear a higher tax rate for gold bars, ingots, shapes, sheets, and strips (5%) compared to other types (1%).
- Citizens buying and selling gold may face difficulties due to increased import taxes.
❓ 常见问题
What is the new tax rate for gold bars, ingots, shapes, sheets, and strips?
The new tax rate is 5%.
Which type of gold is subject to a tax rate of 1%?
Other types of gold (subheading 7108.00.90) are subject to a tax rate of 1%.
When does this decision take effect?
This decision takes effect from December 1, 1997.
Which group of items is affected by this decision?
The group of gold items (HS code 7108.00, subheadings 7108.00.10 and 7108.00.90) is affected.
Is the new tax rate applied to all types of gold?
No, the tax rate of 5% only applies to gold bars, ingots, shapes, sheets, and strips (subheading 7108.00.10), while other types (subheading 7108.00.90) are subject to a tax rate of 1%.
全文
DECISION
REGARDING THE AMENDMENT OF THE RATE OF IMPORT DUTY FOR THE GROUP OF GOLD ITEMS
THE MINISTER OF FINANCE
Pursuant to Article 8 of the Law on Export Tax and Import Tax adopted by the National Assembly on December 26, 1991;
Pursuant to the tax rate framework stipulated in the Import Tariff attached to Resolution No. 537a/NQ-HĐNN8 dated February 22, 1992 of the State Council;
Pursuant to the authority stipulated in Article 3 of Decision No. 280/TTg dated May 28, 1994 of the Prime Minister regarding the issuance of the Export Tariff and the Import Tariff accompanying Decree No. 54/CP;
Based on the business situation of gold items,
DECISION:
Article 1: AMENDING THE RATE OF IMPORT DUTY FOR THE GROUP OF ITEMS WITH CODE 7108.00 "UNWORKED GOLD (INCLUDING GOLD PLATED WITH RHODIUM) OR SEMI-FINISHED OR POWDER FORM; DETAIL CODE 7108.00.10 - GOLD IN BARS, BULLETS, SHAPES, LEAVES AND STRIPS" stipulated in Decision No. 257 TC/QĐ/TCT dated March 31, 1997 of the Minister of Finance to the new rate of import duty as follows:
|
Code Number |
Group, Item |
Rate of duty (%) |
|
7108.00 |
Unworked gold (including gold plated with rhodium) or semi-finished or powder form |
|
|
7108.00.10 |
- Gold in bars, bullets, shapes, leaves and strips |
5 |
|
7108.00.90 |
- Other |
1 |
Article 2: This Decision shall take effect and be applied to all Customs Declaration Forms for imported goods registered with customs authorities starting from December 1, 1997./.
DEPUTY MINISTER
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