Circular 05/2017/TT-BCT stipulating the 2017 sugar import tariff quota auction issued by the Minister of Industry and Trade

CIRCULAR

PRESCRIBING THE AUCTION OF IMPORT TARIFF QUOTA FOR SUGAR IN 2017

Pursuant to the Government’s Decree No. 95/2012/ND-CP of November 12, 2012, defining the functions, duties, powers and organizational structure of the Ministry of Industry and Trade;

Pursuant to the Government’s Decree No. 187/2013/ND-CP of November 20, 2013, detailing the implementation of the Commercial Law regarding international goods sale and purchase and goods sale, purchase, processing and transit agency activities with foreign countries;

Pursuant to the Government’s Decree No. 17/2010/ND-CP of March 4, 2010, on property auction;

Pursuant to the Government’s Decree No. 52/2009/ND-CP of June 3, 2009, detailing and guiding a number of articles of the Law on Management and Use of State Assets;

At the proposal of the Director of the Import-Export Department;

The Minister of Industry and Trade promulgates the Circular guiding the auction of import tariff quota for sugar in 2017.

Article 1. Scope of regulation

This Circular prescribes the import tariff quota and principles for auction of the import tariff quota for sugar in 2017.

Article 2. Subjects of application

1. Traders that directly use sugar as an input material for production and traders that manufacture coarse sugar for refining.

2. Individuals and organizations involved in the import of sugar under the 2017 tariff quota.

Article 3. Sugar import tariff quota for auction in 2017

The sugar import quantity (HS Code 1701) put for auction under the 2017 tariff quotas is 89,500 tons.

Article 4. Principles for auction

1. The import tariff quota for sugar in 2017 shall be auctioned through the council for pilot auction of import tariff quota for sugar in 2017.

2. The principles, order and procedures for property auction must comply with the law on auction suitable to the characteristics of property put up for auction.

3. The Ministry of Industry and Trade shall establish the council for pilot auction of import tariff quota for sugar in 2017. The auction council chairperson shall issue the Regulation on pilot auction of import tariff quota for sugar in 2017.

Article 5. Import procedures

1. After receiving the auction council’s report on auction result, the Ministry of Industry and Trade shall issue a document assigning the right to sugar import tariff quota use to the auction-winning trader.

2. When carrying out sugar import procedures, a trader shall, apart from complying with current regulations, produce the document assigning the right to sugar import tariff quota use issued by the Ministry of Industry and Trade to the border-gate customs branch.

Article 6. Effect

This Circular takes effect from June 5, 2017, through December 31, 2017.-

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