| THE MINISTRY OF FINANCE ------- No.201/2012/TT-BTC | SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness --------------- Hanoi, November 16, 2012 |
CIRCULAR
GUIDING TAX POLICY FOR AGRICULTURAL PRODUCTS WHICH HAVE NOT YET PROCESSED, WITH INVESTMENT SUPPORT OF VIETNAMESE PARTY, PLANTED IN CAMBODIA AND IMPORTED INTO VIETNAM
Pursuant to the Law on export and import tax, of June 14, 2005; the Law on Value-added tax of June 03, 2008 and documents guiding implementation thereof;
Pursuant to the Government’s Decree No. 118/2008/ND-CP, of November 27, 2008 defining the functions, tasks, powers and organizational structure of the Ministry of Finance;
In furtherance of opinion of the Prime Minister at the official dispatch No. 6576/VPCP-KTTH, of August 24, 2012 of the Office of Government;
At the proposal of director of the Tax Policy Department,
The Minister of Finance promulgates Circular guiding tax policy for agricultural products which have not yet processed, with investment support of Vietnamese party, planted in Cambodia and imported into Vietnam.
Article 1. Subjects of application
1. Agricultural products not yet processed in the list specified in Annex I promulgated together with this Circular supported for investment, planted by Vietnamese enterprises, business households, individuals (in forms as follows: funding capital, directly planting or investing in money, kind) in provinces of Cambodia adjacent to border of Vietnam in the list specified in Annex II promulgated together with this Circular, imported to do as raw materials for goods manufacture in Vietnam will be exempted import tax and not subject to added value tax.
2. Cases of only buying products or investing in provinces of Cambodia not adjacent to border of Vietnam are not subject to apply this Circular.
Article 2. Procedures for import tax exemption
1. Procedures for import tax exemption to enterprises
Vietnamese enterprises importing goods being subjects exempted import tax specified in this Circular must have sufficient dossiers specified as follows:
a) Official dispatch requesting for import tax exemption of enterprise, in which states specifically quantity, kinds, value of import goods: Submit 01 original;
