The Ministry of Finance issued the Circular 03/2015/TT-BTC dated January 6, 2015 of the Ministry of Finance amending the preferential import tax rate for some petroleum commodities in the Heading 27.10 in the Preferential Import Tariff, decided to increase the preferential import tax of leaded motor spirit or unleaded motor spirit more 8%, from 27% to 35% from January 07, 2015.
Also from January 07, the import tax rate for some commodities such as aviation spirit, spirit and diesel fuels also increase incredibly. In particular, the import tax rate for Aviation spirit, not of a kind used as jet fuel, increases by 5%, from 20% to 25%, the import tax rate for automobile diesel fuels and other diesel fuels increases from 23% to 30%; the aviation turbine fuel (jet fuel), white spirit; low aromatic solvents containing by weight less than 1% aromatic content have the preferential import taxes of 25% and 35%.
Particularly, for waste oils, lubricating oils for aircraft engines, transformer oils, circuit breakers oils, hydraulic brake fluid, the preferential import taxes keep no changes compared with current regulations with 20%, 5% and 3%…in turn.
This Circular takes effect on January 07, 2015.
Source: luatvietnam.vn
