Circular No. 103/2011/TT-BTC dated July 11, 2011 of the Ministry of Finance amending, supplementing clause 75, section II, Appendix III issued with the Circular No. 184/2010/TT-BTC dated November 115, 2010 of the Ministry of Finance

THE MINISTRY OF FINANCE

Circular No. 103/2011/TT-BTC dated July 11, 2011 of the Ministry of Finance amending, supplementing clause 75, section II, Appendix III issued with the Circular No. 184/2010/TT-BTC dated November 115, 2010 of the Ministry of Finance

Pursuant to the Law on Export and Import Tax dated June 14, 2005;

Pursuant to the Resolution No. 295/2007/NQ-UBTVQH12 dated September 28, 2007 of the Standing Committee of National Assembly promulgating the export tariff according to the list of dutiable commodity groups and the duty rate bracket for each commodity group and the preferential import tariff according to the list of dutiable commodity groups and the preferential duty rate bracket for each commodity group;

Pursuant to the Decree No. 87/2010/ND-CP dated August 13, 2010 of the Government detailing a number of articles of the Law on Import Duty and Export Duty;

Pursuant to the Decree No. 118/2008/ND-CP dated November 27, 2008 of the Government defining the functions, tasks, powers and organizational structure of the Ministry of Finance;

The Ministry of Finance amends, supplements clause 75, section II, Appendix III issued with the Circular No. 184/2010/TT-BTC dated November 15, 2010 of the Ministry of Finance regulating the tax rate of the Export Tariff, Preferential Import Tariff according to the list of dutiable commodity groups (Circular No. 184/2010/TT-BTC) as follows:

Article 1. To amend, supplement clause 75, section II, Appendix III of the Circular No. 184/2010/TT-BTC

“75. Compound steel in the group 7225, 7226, 7227, 7228 (not including laminated steel, flat or hot-rolling steel in the group 7225, 7226) satisfies criteria at the regulations at point f, clause 1 notes at the top of Chapter 72 of the Preferential Import Tarriff and is the steel having Bo component with the content of 0,008% and above (Bo is the sole component deciding the steel factor of other compound steel) applies the preferential import tarriff of 10%”.

Article 2. Implementation effect

This Circular takes effect on August 25, 2011./.

FOR THE MINISTER

DEPUTY MINISTER

Do Hoang Anh Tuan