THE PRIME MINISTER

Decision No. 54/2014/QD-TTg dated September 19, 2014 of the Prime Minister on exempting the import tax for devices for manufacturing and assembling the medical equipments with high priority
Pursuant to the Law dated December 25, 2001 of the National Assembly on Government Organization;
Pursuant to the Law dated June 14, 2005 of the National Assembly on Export and Import Tax;
Pursuant to the Government's Decree No. 87/2010/ND-CP dated August 13, 2010, detailing the implementation of a number of articles of the Law on Export and Import Tax;
At the request of the Minister of Finance,
The Prime Minister promulgates the Decision on granting import tax exemption on devices for manufacturing/assembling medical equipments with high priority.
Article 1. Scope of adjustment
Devices which are imported serving the execution of investment projects to manufacture/assemble medical equipments with high priority shall be exempt from import tax for five (05) years from the commencement of their manufacture/assembly.
Article 2.  Conditions for import tax incentives
Goods shall be exempt from import tax prescribed in Article 1 this Decision if satisfying the conditions as follows:
1. Devices used for manufacturing/assembling medical equipments with high priority enumerated in the attached Appendix.
2. Devices which cannot be manufactured in Vietnam.
Article 3. Implementation organization
1. This Decision takes effect from November 15, 2014.
2. The Ministry of Finance shall provide guidance on this Decision’s implementation.