| THE MINISTRY OF FINANCE ------------ | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom Happiness -------------- |
| No. 28/2004/TT-BTC | Hanoi, March 31st, 2004 |
CIRCULAR
GUIDING THE IMPORT TAX REDUCTION FOR GOODS OF LAO ORIGIN
Pursuant to the Agreement on Economic, Cultural, Scientific and Technical Cooperation between the Government of the Socialist Republic of Vietnam and the Government of the Lao Peoples Democratic Republic, signed on January 16, 2004, the Finance Ministry hereby guides the import tax reduction for goods of Lao origin as follows:
A. SCOPE OF APPLICATION:
Goods made in the Lao Peoples Democratic Republic and imported into Vietnam by Vietnamese enterprises of all economic sectors having the legal person status shall be entitled to the import tax rate equal to 50% of the preferential import tax rate prescribed in the preferential import tariff (except for goods banned from import into Vietnam and goods on Vietnams list of completely excluded goods for the implementation of the CEPT/AFTA), if they satisfy the following conditions:
