Circular No. 67/2012/TT-BTC dated April 27, 2012 of the Ministry of Finance adjusting the preferential import duty rate for stainless steel in bar and rod forms of Subheading 7222.30.10 in the Preferential Import Tariff

THE MINISTRY OF FINANCE

Circular No. 67/2012/TT-BTC of April 27, 2012, adjusting the preferential import duty rate for stainless steel in bar and rod forms of Subheading 7222.30.10 in the Preferential Import Tariff

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

Pursuant to the National Assembly Standing Committee’s Resolution No. 295/2007/NQ-UBTVQH12 of September 28, 2007, promulgating the Export Tariff according to the list of dutiable commodity groups and the duty bracket of each commodity group, and the Preferential Import Tariff according to the list of dutiable commodity groups and the preferential duty bracket for each commodity group;

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

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

The Ministry of Finance adjusts the preferential import duty rate for a number of commodities of stainless steel in bar and rod forms of Subheading 7222.30.10 in the Preferential Import Tariff as follows:

Article 1. To adjust the preferential import duty rate from 0% to 10% for stainless steel in bar and rod forms of Subheading 7222.30.10 in the Preferential Import Tariff  according to the list of dutiable commodity groups in Section I of Appendix II to the Ministry of Finance’s Circular No. 157/2011/TT-BTC of November 14, 2011.

Article 2. Effect

This Circular takes effect on June 11, 2012.-

For the Minister of Finance
Deputy Minister
VU THI MAI