This content is regulated in Resolution No. 712/2013/UBTVQH13 dated December 16, 2013 of the Standing Committee of the National Assembly on promulgating the Royal tariff.
Accordingly, from February 1, 2014, the royal tariff of 12% for iron will officially be applied, increasing by 2% in comparison with the previous tariff. Simultaneously, the royal tariff applied to several metallic minerals and non- metallic minerals is also increased respectively from 1% to 8%. Concretely, royal rate for sand increases from 10% to 11%; the rate applied for glass- making sand is 13%, increased by 2% in comparison with the previous tariff; the rate applied for titanium, copper, soil used for brick making and rock is respectively hit at 16%, 13%, 10% and 7% which is increased by 5%, 3% and 1% as compared with existing rate (The previous rate is alternately 11%, 10%, 7% and 6%).
For diamond, gold, rare earths, aluminum and bauxite, platinum, silver, tin, lead and zinc and serpentine, the applied tariff rate still stays at 22%; 15%; 10% and 3%…
This Resolution takes effect on February 01, 2014.
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