Customs guiding on export tax policies for exported cement products

On July 01, 2019, The General Department of Vietnam Customs issued official letter no. 4329/TCHQ-TXNK about export tax policies for exported cement products. The content is as below:

The General Department of Customs received recommendations from Customs Departments in provinces and cities and some businesses proposed guidance on export tax policies for exported cement products. In this regard, the General Department of Customs has the following opinions:

The Ministry of Finance issued Official Letter No. 1426 / BTC-CST dated 29/01/2019 to answer to Chinfon Cement Company, Ha Long Cement Joint Stock Company and Thang Long Cement Joint Stock Company.

 Accordingly, from February 1, 2018, based on the provisions of Clause 2, Article 1 of Decree No. 125/2017 / ND-CP dated November 16, 2017 and based on Decree No. 146/2017 / ND-CP on December 15, 2017 of the Government, cement products produced from the main raw materials are clinker but clinker is a product processed from mineral resources which have been processed into other products (not a resource and minerals), the export of cement products is not subject to the determination of the total value of natural resources and minerals plus energy costs accounting for 51% of the production cost of products or more according to regulations. In Clause 1, Article 1 of Decree No. 146/2017 / ND-CP, it does not belong to commodity group with serial number 211 at the Export Tariff issued together with Decree No. 125/2017 / ND-CP.

Customs Departments of cities and provinces are kindly prosposed to guide enterprises to declare and apply cement export tax rates strictly according to the provisions of Decree No. 125/2017 / ND-CP, Decree No. 146/2017 / ND -CP, the above guidance letter No. 1426 / BTC-CST and handling tax according to regulations.

The General Department of Customs has opinions for the Customs Departments of provinces, cities and enterprises to know and implement. 

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