On April 13, 2015, the Ministry of Finance issued the Circular No. 48/2015/TT-BTC amending the preferential import tax rates applicable to a number of items in subheading 27.10 of preferential import tariff.
Accordingly, from April 14m 2015, the preferential import tax for a number of items of biogasoline and biodiesel from 10 – 15% to 20% for RON 97, RON 90 , White spirit, diesel fuel and 10% for Aviation spirit, not of a kind used as jet fuel.
Besides, the Circular also adjust the preferential import tax for Biogasoline (E5, E10) and Biodiesel (B5, B10). Therefore, from April 14, 2015, the preferential import tax for these commodities is 20%.
This Circular takes effect on April 14, 2015.
Source: luatvietnam.vn
