From November 01, to reduce the tax rate of imported petroleum oils to 0%
On September 16, 2019, the Prime Minister issues the Decision No. 28/2019/QD-TTg on amending and supplementing Article 2 of the Prime Minister’s Decision No. 45/2017/QD-TTg of November 16, 2017, amending and supplementing the Prime Minister’s Decision No. 36/2016/QD-TTg of September 01, 2016, on the application of ordinary duty rates for imported goods.
Accordingly, to amend the ordinary import tariff rate prescribed in Article 2 of Decision No. 45/2017/QD-TTg of crude petroleum oils under subheading 2709.00.10 and modify descriptions of a number of commodity items. To be specific:
First, to reduce the ordinary tariff rate of imported crude petroleum oils under subheading 2709.00.10 from 5% to 0%.
Second, to modify the descriptions of the heading of 4907.00.10 from “Banknotes (banknotes), legal but not yet put into circulation” to “Banknotes, being legal tender” and kept the tax rate of 5%.
Third, to modify descriptions of the heading of 8457.20.00 from “Single-position machining machine” to “Unit construction machines (single station)” and kept the tax rate of 5%.
Fourth, to modify descriptions of the heading of 8457.30.00 from “Multi-position machine shifting machining” to “Multi-station transfer machines” and kept the tax rate of 5%...
This Decision takes effect on November 01, 2019.