Update

Reduce coal export tax to 10%

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.

ANT Lawyers

Recent Posts

5 Key Highlights and How Low-Orbit Satellite Internet in Vietnam Would Revolutionize Connectivity and Economic Growth

The Pilot Policy of Low-Orbit Satellite Internet in Vietnam Now, Vietnam has moved its position,…

4 days ago

Fast-Track Investment Procedure: 5 Breakthrough Steps to Attract High-Quality Capital to Vietnam

Introduction to the Vietnam Fast-Track Investment Procedure In the highly competitive global race to attract…

2 weeks ago

Proposal for the Personal Income Tax Law 2025: Major Changes and Impacts

Why is a Major Reform Necessary? Vietnam is entering a phase of economic and social…

2 weeks ago

Vietnam Litigation Cost Ordinance 2024: A Powerful Step Toward Transparent and Fair Justice

The Vietnam Litigation Cost Ordinance 2024, enacted on December 11, 2024, represents a transformative milestone in…

3 weeks ago

Marriage Certificate Exemption in Vietnam: The New Regulation and Update 5 Key Steps to Register Marriage

Vietnam’s marriage registration process has recently been updated, making it easier for Vietnamese to complete…

3 weeks ago

12 Incredible Legal Impacts of the CPTPP and UK-Vietnam Trade for a Thriving Future

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP): A Legal Game-Changer in UK-Vietnam Trade…

4 weeks ago

This website uses cookies.