THE MINISTRY OF FINANCE
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 04/2002/QD-BTC
Hanoi, January 17, 2002
 
DECISION
PRESCRIBING THE PREFERENTIAL IMPORT TAX RATE FOR A NUMBER OF EXPLOSION-PREVENTING MACHINERY AND EQUIPMENT FOR EXCLUSIVE USE IN PIT COAL MINING AS WELL AS A NUMBER OF SUPPLIES AND EQUIPMENT FOR MANUFACTURE AND ASSEMBLY THEREOF
THE MINISTER OF FINANCE
Pursuant to the Government’s Decree No.15/CP of March 2, 1993 on the tasks, powers and State management responsibilities of the ministries and ministerial-level agencies;
Pursuant to the Government’s Decree No.178/CP of October 28, 1994 on the tasks, powers and organizational structure of the Ministry of Finance;
Based on the tax rates prescribed in the Import Tariff according to the list of taxable commodity groups, promulgated together with Resolution No.63/NQ-UBTVQH10 of October 10, 1998 of the Xth National Assembly’s Standing Committee;
Pursuant to Article 1 of the Government’s Decree No.94/1998/ND-CP of November 17, 1998 detailing the implementation of the Law Amending and Supplementing a Number of Articles of Law No.04/1998/QH10 on Export Tax and Import Tax of May 20, 1998;
After consulting with the concerned ministries and branches and at the proposal of the General Director of Tax,
DECIDES:
Article 1.- To apply the import tax rate of 0% (zero per cent) to a number of explosion-preventing machinery and equipment for exclusive use in pit coal mining as well as a number of supplies and equipment for manufacture and assembly of such machinery and equipment, if they fully meet the following conditions:
- They are named in the Annex promulgated together with this Decision;
- They cannot be manufactured at home yet (as certified by the Ministry of Industry);
- They are imported for installation in pits in service of coal mining, or for the manufacture and assembly of machinery and equipment to be installed and used in pits;
- They are imported by the Coal Corporation and its affiliated enterprises.
Article 2.- Commodity codes inscribed in the Import Tariff�s List for explosion-preventing machinery and equipment used exclusively in pit coal mining and a number of supplies and equipment for manufacture and assembly thereof specified in this Decision shall not apply to all commodity items under those codes but only to commodity items clearly named in Annex to this Decision.
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