Circular 122/2014/TT-BTC amending the list of commodity groups and preferential import tax rates for specific chassis items with engine mounted, with cockpit, with a total weight of over 20 tons but not exceeding 45 tons specified in Circular 164/2013/TT-BTC issued by the Minister of Finance

CIRCULAR

AMENDMENTS TO LIST OF HEADINGS AND RATES OF PREFERENTIAL IMPORT TAX ON ARTICLES OF CHASSIS FITTED WITH ENGINE, INCLUDING CABIN, WITH GROSS VEHICLE WEIGHT EXCEEDING 20 METRIC TONS BUT NOT EXCEEDING 45 METRIC TONS PRESCRIBED IN CIRCULAR NO. 164/2013/TT-BTC DATED NOVEMBER 15, 2013 OF THE MINISTRY OF FINANCE

Pursuant to the Law on imported and exported taxes dated June 14, 2005;

Pursuant to Resolution No. 295/2007/NQ-UBTVQH12 dated September 28, 2007 on issuance of Export tariff schedule imposed on taxable headings and tax rate bracket imposed on each heading, Import tariff schedule imposed on taxable headings and tax rate bracket imposed on each heading;

Pursuant to Decree No. 87/2010/ND-CP dated August 13, 2010 of the Government on providing guidance on the Law on Export and import tax;

Pursuant to Decree No. 215/2013/ND-CP dated December 23, 2013 of the Government on defining functions, tasks, entitlements, and organizational structure of the Ministry of Finance ;

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

The Minister of Finance issue the Circular on amendments to list of headings and rates of preferential import tax on articles of chassis fitted with engine, including cabin, with gross vehicle weight exceeding 20 metric tons but not exceeding 45 metric tons in Chapter 98 of Preferential import tariff schedule issued together with Circular No. 164/2013/TT-BTC dated November 15, 2013 of the Ministry of Finance.

Article 1. Amendments to Section I – Annotation and requirements for application of special preferential import tax rates in Chapter 98

Clause 1.36 shall be added to Point 1of Section I – Annotation and requirements for application of special preferential import tax rates in Chapter 98 as follows

“1.36. Chassis fitted with engine, including cabin (car chassis, including cabin), with gross vehicle weight exceeding 20 metric tons but not exceeding 45 metric tons”.

Article 2. Amendments to Section II – List of headings and rates of preferential import tax in Chapter 98

Heading 9836 – Chassis fitted with engine, including cabin (car chassis, including cabin) shall be added to Section II – List of headings and rates of preferential import tax in Chapter 98 as follows

Article 3. Effect

This Circular shall take effect from October 11, 2014./.

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