(25-02-2008)
HA NOI — Unprocessed-agricultural products that have been invested and planted by Vietnamese enterprises in some of Cambodia’s provinces will soon be exempt from import tax according to a new decision taken by the Ministry of Finance.
The decision, issued on January 30, states that the exemption will be applicable to those products that were registered to be imported from January 1, 2008.
To be eligible for tax exemption, enterprises must possess a certificate of origin (C/O) from Cambodia in accordance with the guidance of the Ministry of Finance.
Products can only be imported through the border gates listed in the agreement between Vietnamese Ministry of Industry and Trade and Cambodia’s Ministry of Trade.
The CEPT (Common Effective Preferential Tariff Scheme), MFN (Most Favoured Nation) and normal import tax rates will be applied should the amount of imported rice and grains exceed the quota. — VNS
HA NOI — Unprocessed-agricultural products that have been invested and planted by Vietnamese enterprises in some of Cambodia’s provinces will soon be exempt from import tax according to a new decision taken by the Ministry of Finance.
The decision, issued on January 30, states that the exemption will be applicable to those products that were registered to be imported from January 1, 2008.
To be eligible for tax exemption, enterprises must possess a certificate of origin (C/O) from Cambodia in accordance with the guidance of the Ministry of Finance.
Products can only be imported through the border gates listed in the agreement between Vietnamese Ministry of Industry and Trade and Cambodia’s Ministry of Trade.
The CEPT (Common Effective Preferential Tariff Scheme), MFN (Most Favoured Nation) and normal import tax rates will be applied should the amount of imported rice and grains exceed the quota. — VNS
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