MINISTRY OF FINANCE
GENERAL DEPARTMENT OF TAXATION
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom – Happiness
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No. 3527 TCT/PCCS
On value added tax (VAT)
Hanoi, October 27, 2004
 
OFFICIAL LETTER
To:
The Digital Zone Joint-Stock Company
(26BC/2 – Phan Van Tri Street, Ward 7, Go Vap district, Ho Chi Minh city)
 
In response to Official Letter No. 012-2004/DGV of September 20, 2004, of the Digital Zone Joint-Stock Company on VAT applicable to micro-processing chips and random-access memory (RAM) and read-only memory (ROM) units, the General Department of Taxation gives the following opinion:
In accordance to the provisions of Point 2.35, Section II, Part B of the Finance Ministry’s Circular No. 120/2003/TT-BTC of December 12, 2003, and the Finance Ministry’s Circular No. 62/2004/TT-BTC of June 24, 2004, guiding the application of VAT rates under the Preferential Import Tariffs, processing units used for personal and portable computers (nomenclature 8471 50 10), RAM and ROM units (nomenclature 8471 70 99) shall be subjected to the VAT rate of 5%.
The General Department of Taxation hereby notifies the Company for compliance.
 
FOR THE GENERAL DIRECTOR OF TAXATION
DEPUTY OF GENERAL DIRECTOR




Pham Duy Khuong