The Deputy Prime Minister has just signed Decision 15/2023/QĐ-TTg stipulating the application of normal tax rates for imported goods as following Point c, Clause 3, Article 5 of the Law on Import Tax and Export Tax. Decision 15/2023/QĐ-TTg takes effect from 15th July, 2023.
Subjects of application include:
- Owners of imported and exported goods;
- Organizations and individuals have rights and obligations related to imported and exported goods activities;
- Customs authorities, customs officers;
- Other agencies, organizations and individuals when implementing export tax and import tax policies in accordance with the Law on Import Tax and Export Tax.
The new normal tax rates in the normal import tax rate table are specified in the appendix of this Decision. In addition, this Decision also includes a list (commodity description and 08-digit code) of items with preferential import tax rates equal to 0% as prescribed at Section I, Section II, Appendix II of Decree No. 26/2023/NĐ-CP.
Especially, imported goods are not included in the new normal import tax rate table in this Decision or not belongs to the case of imported goods subject to preferential tax rates or special preferential tax rates as following Points a and b, Clause 3, Article 5 of the Law on Import Tax and Export Tax, the normal tax rate will be equal to 150% of the preferential import tax rate of each corresponding item as following Appendix II of Decree No. 26/2023/NĐ-CP.