Exempting the import tax for 5 year for medical equipments

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This is the content prescribed at the Decision No. 54/2014/QD-TTg dated September 19, 2014 of the Prime Minister on exempting the import tax for devices for manufacturing and assembling the medical equipments with high priority.

In particular, the Prime Minister agrees to exempt from import tax for devices which are imported serving the execution of investment projects to manufacture/assemble medical equipments with high priority shall be exempt from import tax for five (05) years from the commencement of their manufacture/assembly.

Within that, imported devices must be devices used for manufacturing/assembling medical equipments with high priority enumerated or devices which cannot be manufactured in Vietnam such as Magnetic resonance imaging systems; Computed Tomography systems; Angiography systems; Digital radiography devices; Ultrasound machines, Transcranial Dopplers; Patient monitors; Fetal monitors; Sphygmomanometers; Nebulizers; Handheld electrocardiography devices; Glucose meters; Electronic thermometers…

This Decision takes effect on November 15, 2014.