Decision No. 59/2005/QD-BTC dated August 19, 2005 of the Ministry of Finance on the non-application of duty quotas to import goods eligible for the application of CEPT tax rates

DECISION

ON NON-APPLICATION OF DUTY QUOTA TO GOODS SUFFICIENT TO ENJOY CEPT

MINISTER OF FINANCE

Pursuant to the Law on Import-Export Duties and the law on amendment of and addition to the Law on Import-Export Duties ;

Pursuant to the Decree No. 86/2002/ND-CP of the Government dated 5 November 2002 providing the functions, tasks, power and organizational structure of ministries, ministerial-level agencies;

Pursuant to the Decree No. 77/2003/ND-CP of the Government dated 1 July 2003 providing the functions, tasks, power and organizational structure of the Ministry of Finance;

On proposal of the Director of Tax Policy Department;

DECIDES:

Article 1: Not to apply duty quota on goods that are meeting conditions for enjoyment of CEPT rates as regulation stipulated in the Circular No. 45/2005/TT-BTC dated 6 June 2005 of the Ministry of Finance which provides guidelines on the List of Goods and Tariff Rates of Vietnam to implement the Agreement on ASEAN Common Effective Preferential Tariff (CEPT) scheme and that are of the List of Goods subject to duty quota application issued along with Decisions No.  126/2003/QD-BTC dated 7 August 2003, No. 36/2004/QD-BTC dated 15 April 2004, No. 16/2005/QD-BTC dated 28 March 2005 of the Minister of Finance on the promulgation and adjustment of the List of Goods and Import Duty Rates to apply duty quota.

Article 2: This Decision shall be in full force and effect 15 days from the date of publication in the Official Gazette.