Ministry of Finance has issued Circular No 108/2011/TT-BTC to amend and supplement regular on preferential import tax and export tax, preferential import tariff.
Accordingly, since September 11th, 2011, export tax rate for coal, coke coal, coal balls increase from 15% to 20%; aluminum and lead in ingots shape increase from 5% to 15%; zinc and tin in ingots shape increase from 5% to 10%.
In addition, Items of silica fossil, natural steatite ore, Sleepers of railway or tramway, Refined copper and copper alloys unwrought subject to tax rate of 15% to 20%.
The Circular also adjusts import tax rate for some imported commodities, namely: tax for pipes, conduit, tap and spare parts used for connect made by polymer ethylene decrease from 17% to 12%; tax for parts of shoes, sandals such as shoe toe made by medal, wooden decrease from 20% to 15%.
ĐPT