Coal, briquettes, ovoids and similar solid fuels manufactured from coal in heading 27.01 are applied with the export tax reduction from 20% to 10%.
These above contents are regulated by the Ministry of Finance in Circular 169/2012/TT-BTC on October 11th 2012 amending a part of Circular 157/2011/TT-BTC ‘s content .
Other types of coal such as lignite (27.02), peat (27.03), coke and semi-coke, retort coal (27.04) remains the same tax rate (from 15 – 20%).
This is the first time in 2012, these items were changed tax rates.
This Circular takes effect from the date of signing.