THE MINISTRY OF FINANCE

Circular No. 131/2015/TT-BTC dated August 27, 2015  of the Ministry of Finance amending the  preferential import tax rates imposed on synthetic staple fibers of polyesters of HS code 5503.20.00 in preferential import tariff table issued together with Circular No. 164/2013/TT-BTC
Pursuant to the Law on Export and import tax dated June 14, 2005;
Pursuant to the Resolution No. 295/2007/NQ-UBTVQH12 dated September 28th 2007 of the Standing committee of the National Assembly, promulgating the Export tariff table according to the List of taxable headings and the tax bracket on each heading, the preferential import tariff according to the list of taxable headings and preferential tax bracket on each heading;
Pursuant to the Government's Decree No. 87/2010/ND-CP dated August 13th 2010, detailing the implementation of the Law on Export and import tax;
Pursuant to the Government's Decree No. 215/2013/ND-CP dated December 23, 2013 defining the functions, tasks, entitlements and organizational structure of the Ministry of Finance;
At the request of the Director of the Tax Policy Department;
The Minister of Finance issues a Circular on changes in preferential import tax rates imposed on synthetic staple fibers of polyesters of HS code in 5503.20.00 in preferential import tariff table issued together with Circular No. 164/2013/TT-BTC dated November 15, 2013 of the Minister of Finance.
Article 1. To amend the preferential import tax rates
The preferential import tax rates imposed on synthetic staple fibers of polyesters of HS code 5503.20.00 in preferential import tariff table issued together with Circular No. 164/2013/TT-BTC dated November 15, 2013 of the Minister of Finance on issuance of export tariff table and preferential import tariff table shall be changed into new preferential import tax rates prescribed in the attached List:
HS code
Description
Tax rate (%)
 
 
 
55.03
Synthetic staple fibers, not carded, combed or otherwise processed for spinning.
 
 
- Of nylon or other polyamides:
 
5503.11.00
- - Of aramids
0
5503.19.00
- - Other
0
5503.20.00
- Of polyesters
2
5503.30.00
-Acrylic or modacrylic
0
5503.40.00
-Of polypropylene
0
5503.90.00
- Other
0
 
 
 
Article 2. Implementation effect
This Circular takes effect on October 11, 2015./.
For the Minister
The Deputy Minister
Vu Thi Mai