Circular No. 94/2012/TT-BTC guides the preferential import tariff rate for certain goods under subheading 2710, replacing the old circular. The new tariff rates are specified in the attached list.
Scope of application
Import enterprises and customs authorities
Key points
- Enterprises importing oil derived from petroleum, oils obtained from bituminous minerals (excluding crude oil), and undetailed or unspecified preparations containing 70% or more by weight of petroleum or these oils: Tariff rate 5%
- Motor gasoline RON 97 and higher, unleaded: Tariff rate 7%
- Diesel fuel for automobiles: Tariff rate 6%
- Waste oil containing polychlorinated biphenyls (PCBs), polychlorinated terphenyls (PCTs), or polybrominated biphenyls (PBBs): Tariff rate 20%
- Other types of waste oil: Tariff rate 20%
🌐 Social impact of this document
- Import enterprises of petroleum products will bear higher tax burdens, increasing production costs.
- Consumers may have to pay higher prices for fuel products.
- Customs authorities and enterprises must comply with the new regulations on tariff rates.
❓ Frequently asked questions
What is the tariff rate for unleaded motor gasoline RON 97?
The tariff rate for unleaded motor gasoline RON 97 and higher is 7%.
What is the tariff rate for waste oil containing polychlorinated biphenyls (PCBs)?
The tariff rate for waste oil containing polychlorinated biphenyls (PCBs) is 20%.
Which goods are subject to a 5% tariff rate?
Goods such as oil derived from petroleum, oils obtained from bituminous minerals (excluding crude oil), and undetailed or unspecified preparations containing 70% or more by weight of petroleum or these oils are subject to a 5% tariff rate.
What is the tariff rate for diesel fuel for automobiles?
The tariff rate for diesel fuel for automobiles is 6%.
Are there any provisions regarding other types of waste oil?
Other types of waste oil are subject to a 20% tariff rate.
Full text
CIRCULAR
Guidelines for implementing preferential import tax rates for certain goods under subheading 2710 in the Preferential Import Tariff Schedule
Pursuant to Resolution No. 295/2007/NQ-UBTVQH12 dated September 28, 2007 of the Standing Committee of the National Assembly on the issuance of the Export Tariff Schedule according to the list of taxable commodity groups and the tax rate framework for each group, the Preferential Import Tariff Schedule according to the list of taxable commodity groups and the preferential tax rate framework for each group;
_______________________
Pursuant to the Law on Export Tax and Import Tax dated June 14, 2005;
The Minister of Finance issues this Circular guiding the implementation of preferential import tax rates for certain goods under subheading 2710 in the Preferential Import Tariff Schedule,
Pursuant to Decree No. 87/2010/NĐ-CP dated August 13, 2010 of the Government detailing certain provisions of the Law on Export Duties and Import Duties;
Pursuant to the Government Decree No. 187/2013/NĐ-CP dated November 20, 2013 detailing the implementation of the Law on Commerce regarding international trade activities and foreign-related agency purchase, sale, processing, and transit of goods;
Pursuant to the Decree No. 118/2008/NĐ-CP dated November 27, 2008 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;
At the proposal of the Director of the Tax Policy Department;
Article 1. Preferential import tax rates for certain goods under subheading 2710 in the Preferential Import Tariff Schedule
Adjust the preferential import tax rates for certain goods under subheading 2710 specified in the Preferential Import Tariff Schedule issued by Circular No. 84/2012/TT-BTC dated May 24, 2012 of the Ministry of Finance guiding the implementation of preferential import tax rates for certain goods under subheading 2710 in the Preferential Import Tariff Schedule to the new preferential import tax rates specified in the List attached to this Circular.
This Circular takes effect from the date of signature and replaces Circular No. 84/2012/TT-BTC dated May 24, 2012 of the Ministry of Finance guiding the implementation of preferential import tax rates for certain goods under subheading 2710 in the Preferential Import Tariff Schedule./.
Article 2. Effective Date
PREFERENTIAL IMPORT TAX RATES FOR CERTAIN GOODS UNDER SUBHEADING 2710
|
DEPUTY MINISTER
DEPUTY MINISTER
(Signed)
Vu Thi Mai
|
LIST
(Issued together with Circular No. 94/2012/TT-BTC dated June 8, 2012 of the Ministry of Finance)
Crude oil and other oils obtained from bituminous minerals, except crude oil; undifferentiated preparations or not otherwise specified, containing 70% or more by weight of crude oil or other oils obtained from bituminous minerals, which are the main components of such preparations; waste oils.
|
Item Code |
Description of Goods |
Machine tools for machining complete units (one operation position) and machine tools for multi-position machining to process metals. |
|
27.10 |
- Crude oil and other oils obtained from bituminous minerals (except crude oil) and undifferentiated preparations or not otherwise specified, containing 70% or more by weight of crude oil or other oils obtained from bituminous minerals, which are the main components of such preparations, except biofuels and waste oils: |
|
|
- - Motor gasoline: |
||
|
2710.12 |
- - Light oils and products derived therefrom: |
|
|
- - - RON 97 and higher, leaded |
||
|
2710.12.11 |
- - - RON 97 and higher, unleaded |
7 |
|
2710.12.12 |
- - - RON 90 and higher but below RON 97, leaded |
7 |
|
2710.12.13 |
- - - RON 90 and higher but below RON 97, unleaded |
7 |
|
2710.12.14 |
- - - Other types, leaded |
7 |
|
2710.12.15 |
- - - Other types, unleaded |
7 |
|
2710.12.16 |
- - Aviation gasoline, except that used as jet fuel |
7 |
|
2710.12.20 |
- - Tetrapropylene |
7 |
|
2710.12.30 |
- - Other alpha olefins |
7 |
|
2710.12.40 |
- - - White spirit |
7 |
|
2710.12.50 |
- - - Solvent having less than 1% by weight of aromatic hydrocarbons |
7 |
|
2710.12.60 |
- - - Other light solvents |
7 |
|
2710.12.70 |
- - - Naphtha, reformate and other products for blending motor gasoline |
7 |
|
2710.12.80 |
- - Transformer oil and circuit breaker oil |
7 |
|
2710.12.90 |
- - Of chickens of the species Gallus domesticus |
7 |
|
2710.19 |
- - - Other |
|
|
2710.19.20 |
- - - Crude oil, naphthas and other light oils, having been subjected to distillation |
5 |
|
2710.19.30 |
- - - Raw materials for the production of coke |
5 |
|
- - - Lubricating oils and greases: |
||
|
2710.19.41 |
- - - - Refined mineral oils for the manufacture of lubricating oils |
5 |
|
2710.19.42 |
- - - - Lubricating oils for aircraft engines |
5 |
|
2710.19.43 |
- - - - Other lubricating oils |
5 |
|
2710.19.44 |
- - - - Greases |
5 |
|
2710.19.50 |
- - - Brake fluid |
3 |
|
2710.19.60 |
- - Aircraft engine fuel (jet fuel) with flash point of 23 |
5 |
|
- - - Diesel fuel and other heavy oils: |
||
|
2710.19.71 |
- - - - Diesel fuel for automobiles |
6 |
|
2710.19.72 |
- - - - Other diesel fuel |
6 |
|
2710.19.79 |
- - - - Heavy fuel oils |
8 |
|
2710.19.81 |
degrees Celsius or higher° - - Aircraft engine fuel (jet fuel) with flash point below 23 |
7 |
|
2710.19.82 |
degrees Celsius° C |
7 |
|
2710.19.83 |
- - Other kerosenes |
8 |
|
2710.19.89 |
- - Other middle oils and products derived therefrom |
15 |
|
2710.19.90 |
- - Of chickens of the species Gallus domesticus |
3 |
|
2710.20.00 |
- Crude oil and other oils obtained from bituminous minerals (except crude oil) and undifferentiated preparations or not otherwise specified, containing 70% or more by weight of crude oil or other oils obtained from bituminous minerals, which are the main components of such preparations, containing biodiesel, except waste oils |
5 |
|
- Waste oils: |
||
|
2710.91.00 |
- - Containing polychlorinated biphenyls (PCBs), polychlorinated terphenyls (PCTs) or polybrominated biphenyls (PBBs) |
20 |
|
2710.99.00 |
- Paddy: |
20 |
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