Circular No. 05/2017/TT-BCT dated April 21, 2017 of the Ministry of Industry and Trade on prescribing the auction of import tariff quota for sugar in 2017

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Circular No. 05/2017/TT-BCT dated April 21, 2017 of the Ministry of Industry and Trade on prescribing the auction of import tariff quota for sugar in 2017
Issuing body: Ministry of Industry and Trade Effective date:
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Official number: 05/2017/TT-BCT Signer: Tran Tuan Anh
Type: Circular Expiry date: Updating
Issuing date: 21/04/2017 Effect status:
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Fields: Export - Import , Tax - Fee - Charge

SUMMARY

Disclosure of the state financial reports is compulsory

 

The Ministry of Industry and Trade issued the Circular No. 05/2017/TT-BCT dated April 21, 2017 prescribing the auction of import tariff quota for sugar in 2017; applicable to traders that directly use sugar as an input material for production and traders that manufacture coarse sugar for refining.

Accordingly, the sugar import quantity (HS Code 1701) put for auction under the 2017 tariff quotas is 89,500 tons. The import tariff quota for sugar in 2017 shall be auctioned through the council for pilot auction of import tariff quota for sugar in 2017. The principles, order and procedures for property auction must comply with the law on auction suitable to the characteristics of property put up for auction.

This Circular takes effect from June 5, 2017, through December 31, 2017.
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Effect status: Known

THE MINISTRY OF INDUSTRY AND TRADE

 

THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness

No. 05/2017/TT-BCT

 

Hanoi, April 21, 2017

 

CIRCULAR

Prescribing the auction of import tariff quota for sugar in 2017[1]

 

Pursuant to the Government’s Decree No. 95/2012/ND-CP of November 12, 2012, defining the functions, duties, powers and organizational structure of the Ministry of Industry and Trade;

Pursuant to the Government’s Decree No. 187/2013/ND-CP of November 20, 2013, detailing the implementation of the Commercial Law regarding international goods sale and purchase and goods sale, purchase, processing and transit agency activities with foreign countries;

Pursuant to the Government’s Decree No. 17/2010/ND-CP of March 4, 2010, on property auction;

Pursuant to the Government’s Decree No. 52/2009/ND-CP of June 3, 2009, detailing and guiding a number of articles of the Law on Management and Use of State Assets;

At the proposal of the Director of the Import-Export Department;

The Minister of Industry and Trade promulgates the Circular guiding the auction of import tariff quota for sugar in 2017.

 

Article 1.Scope of regulation

This Circular prescribes the import tariff quota and principles for auction of the import tariff quota for sugar in 2017.

Article 2.Subjects of application

1. Traders that directly use sugar as an input material for production and traders that manufacture coarse sugar for refining.

2. Individuals and organizations involved in the import of sugar under the 2017 tariff quota.

Article 3.Sugar import tariff quota for auction in 2017

The sugar import quantity (HS Code 1701) put for auction under the 2017 tariff quotas is 89,500 tons.

Article 4.Principles for auction

1. The import tariff quota for sugar in 2017 shall be auctioned through the council for pilot auction of import tariff quota for sugar in 2017.

2. The principles, order and procedures for property auction must comply with the law on auction suitable to the characteristics of property put up for auction.

3. The Ministry of Industry and Trade shall establish the council for pilot auction of import tariff quota for sugar in 2017. The auction council chairperson shall issue the Regulation on pilot auction of import tariff quota for sugar in 2017.

Article 5.Import procedures

1. After receiving the auction council’s report on auction result, the Ministry of Industry and Trade shall issue a document assigning the right to sugar import tariff quota use to the auction-winning trader.

2. When carrying out sugar import procedures, a trader shall, apart from complying with current regulations, produce the document assigning the right to sugar import tariff quota use issued by the Ministry of Industry and Trade to the border-gate customs branch.

Article 6.Effect

This Circular takes effect from June 5, 2017, through December 31, 2017.-

Minister of Industry and Trade
TRAN TUAN ANH

 



[1]Công Báo Nos 317-318 (07/5/2017)

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