Library

Circular 12/2013/TT-BTC of the Ministry of Finance on the reduction of steel import tax

Circular 12/2013/TT-BTC of the Ministry of Finance on the reduction of steel import tax

From March 7th 2013, the preferential import duty for steel will be reduced from 5% to 3%.

Accordingly, the steel that will be reduced on tax must be the non-alloy steel wire HS code 7217.10.39, regulated in the preferential import tariff in Appendix II of the Circular 193/2012/TT-BTC.

This is regulated in the Circular 12/2013/TT-BTC, amending Circular 193/2012/TT-BTC.

ANT Lawyers

ANT Lawyers

Recent Posts

7 Powerful Impacts of Abolishing Tax Exemptions in Vietnam for Imports Under 1 Million VND

On February 18, 2025, Vietnam will implement a significant change in its tax policy by…

2 weeks ago

The Revised Law on Asset Auctions 2024: A Significant Step Forward in Vietnam’s Asset Management and Judicial Auctions

Vietnam has made substantial progress in refining its legal framework to meet growing demands for…

3 weeks ago

The 2024 Amended Securities Law: A Bold Step Towards Market Integrity

The stock market is one of the most important areas for raising capital and meeting…

1 month ago

Vietnam Capital Law 2024: 7 Powerful Changes to Boost or Challenge Your Business in Hanoi

A New Era of Opportunity or Complexity for Foreign Businesses in Hanoi? Imagine standing in…

1 month ago

Electricity Law Amendment 2024: A Milestone in Vietnam’s Energy Sector

On November 30, 2024, the National Assembly officially passed the Electricity Law Amendment 2024, marking…

1 month ago

Vietnam Bans E-Cigarettes: 7 Powerful Reasons Why This Bold Decision Protects Public Health

The decision by Vietnam to ban e-cigarettes is a turning point in public health policy.…

2 months ago

This website uses cookies.