Nội dung toàn văn Decision No. 43/2006/QD-BTC of August 29, 2006 abolishing the localization rate-based tax policy for mechanical, electrical and electronic products and spare parts
|
THE
MINISTRY OF FINANCE |
SOCIALIST
REPUBLIC OF VIET NAM |
|
No: 43/2006/QD-BTC |
Hanoi, August 29, 2006 |
DECISION
ABOLISHING THE LOCALIZATION RATE-BASED TAX POLICY FOR MECHANICAL, ELECTRICAL AND ELECTRONIC PRODUCTS AND SPARE PARTS
THE MINISTER OF FINANCE
Pursuant to Law No. 45/2005/QH11 of June 14,
2005, on Import Tax and Export Tax and in furtherance of commitments in the
Vietnam-US Bilateral Trade Agreement, which was approved by the Xth National
Assembly of the Socialist Republic of Vietnam at its 10th session under
Resolution No. 48/2001/NQ-QH10 phê chuẩn Hiệp định thương mại Việt Nam - Hoa Kỳ">48/2001/QH10 of November 28, 2001;
Pursuant to the Government's Decree No. 86/2002/ND-CP of November 5, 2002,
defining the functions, tasks, powers and organizational structures of
ministries and ministerial-level agencies;
Pursuant to the Government's Decree No. 77/2003/ND-CP of July 1, 2003, defining
the functions, tasks, powers and organizational structure of the Ministry of
Finance;
Pursuant to the Prime Minister's directing opinions in Official Letter No.
1162/TTg-KTTH of July 26, 2006, on abolition of the localization rate-based tax
policy;
At the proposal of the director of the Tax Policy Department,
DECIDES:
Article 1.- To abolish the localization rate-based tax policy for mechanical, electrical and electronic products and spare parts prescribed in Joint Circulars No. 176/1998/TTLT-BTC-BCN-TCHQ of December 25, 1998, and No. 120/2000/TTLT-BTC-BCN-TCHQ of December 25, 2000, of the Ministry of Finance, the Ministry of Industry and the General Department of Customs, Decision No. 1944/1998/QD-BTC of December 25, 1998, of the Minister of Finance, and other relevant guiding documents.
Article 2.- This Decision shall take effect as from October 1, 2006. Lots of imported mechanical, electrical and electronic components and spare parts for production and assembly with their customs declarations registered with customs offices as from October 1, 2006, shall be subject to the import tax policy according to current regulations.
