The Government adjust import and export tariff rate on certain goods

VCN - On November 1, 2024, the government issued Decree 144/2024/ND-CP, amending and supplementing certain provisions of Decree 26/2023/ND-CP on the export tariff schedule, the preferential import tariff schedule, tariff nomenclature, and the fixed duties, mixed duties, and out-of-quota import duties.

Accordingly, for mineral or chemical fertilizers containing nitrogen (HS code 31.02), the government stipulates: Urea, whether or not in aqueous solution (HS code 3102.10.00); ammonium sulfate (HS code 3102.21.00); other types (HS code 3102.29.00); mixtures of ammonium nitrate with calcium carbonate or other inorganic substances not used as fertilizers (HS code 3102.40.00); sodium nitrate (HS code 3102.50.00); double salts and mixtures of calcium nitrate and ammonium nitrate (HS code 3102.60.00); mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution (HS code 3102.80.00); and other unspecified mixtures (HS code 3102.90.00) will have an export tax rate of 5%.

Officials of the Import-Export Duty Department review regulations related to tax policies. Photo: H.Nu
Customs officials of the Import-Export Duty Department review regulations related to tax policies. Photo: H.Nụ

For ammonium nitrate with an NH4NO3 content greater than 98.5% (HS code 3102.30.00.10), the government sets the export tax rate at 0%; other types (HS code 3102.30.00.90) have an export tax rate of 5%.

Additionally, the government specifies export tax rates for unprocessed zinc and tin.

Specifically, non-alloy zinc with a zinc content of 99.99% or higher by weight (HS code 7901.11.00); non-alloy zinc with a zinc content below 99.99% by weight (HS code 7901.12.00); and zinc alloys (HS code 7901.20.00) will have an export tax rate of 10%.

Unprocessed tin (HS code 80.01), including non-alloy tin (HS code 8001.10.00) and tin alloys (HS code 8001.20.00), will have an export tax rate of 10%.

Decree 144/2024/ND-CP also stipulates that products containing tobacco leaves, reconstituted tobacco, nicotine, or tobacco leaf substitutes, or nicotine substitutes used for non-combustible smoking; and other nicotine-containing products used to deliver nicotine to the human body (HS code 24.04) will face an import tax rate of up to 50%.

Specifically, products for non-combustible smoking containing tobacco leaves or reconstituted tobacco (HS code 2404.11.00); other nicotine-containing products (HS code 2404.12); liquid or gel forms used for electronic cigarettes (HS code 2404.12.10); other types (HS code 2404.12.90); products containing tobacco leaf substitutes (HS code 2404.19.10); products containing nicotine substitutes (HS code 2404.19.20); nicotine gum (HS code 2404.91.10); nicotine patches (HS code 2404.92.10), etc., will have an import tax rate of 50%.

Additionally, electronic devices for electronic cigarettes and similar personal vaporizing equipment (HS code 8543.40.00) will have an import tax rate of 50%.

Decree 144/2024/ND-CP clarifies that the preferential import tax rates for items under group 24.04 and those with HS code 8543.40.00 are applicable only when these items are permitted for import into Vietnam according to legal regulations.

Decree 144/2024/ND-CP will take effect on December 16, 2024.

By Nụ Bùi/Thanh Thuy

Related News

Why seafood exports to some Middle Eastern Countries are stalled

Why seafood exports to some Middle Eastern Countries are stalled

VCN - Several shipments of seafood exported to certain Middle Eastern countries have been delayed due to legal challenges related to consular legalization procedures. This has created significant bottlenecks in accessing these markets.
Businesses need support from vietnamese representative offices abroad

Businesses need support from vietnamese representative offices abroad

VCN - Several heads of Vietnamese representative offices abroad believe that Vietnamese businesses need to prepare solutions to respond to the changing global economy and meet the increasing demands of the international market.
Vietnam’s exports to the U.S. near US$100 billion milestone

Vietnam’s exports to the U.S. near US$100 billion milestone

VCN - By the end of October, Vietnam's exports to the United States approached US$100 billion, reaffirming its position as Vietnam's largest export market.
Ho Chi Minh City Customs: Preventing many cases of importing goods that violate intellectual property rights

Ho Chi Minh City Customs: Preventing many cases of importing goods that violate intellectual property rights

VCN - Many businesses importing goods that violate intellectual property rights have been detected and punished by Ho Chi Minh City Customs Department.

Latest News

Regularly check tax obligations to avoid temporary exit suspension

Regularly check tax obligations to avoid temporary exit suspension

VCN - In order to avoid the situation of arriving at the airport or border gate and only finding out that you owe taxes and being temporarily suspended from leaving the country by the Tax Authority, the Tax Authority recommends that taxpayers regularly look up their tax obligations to have a plan to pay taxes on time, not letting the tax debt situation drag on and drag on.
Implementing the SAFE framework in Vietnam: Assessment through the lens of international standards

Implementing the SAFE framework in Vietnam: Assessment through the lens of international standards

VCN - In June 2005, the World Customs Organization (WCO) developed and adopted the SAFE Framework of Standards to Secure and Facilitate Global Trade. The SAFE Framework plays a crucial role in encouraging countries to modernize, enhance security, and facilitate trade within global supply chain management and Authorized Economic Operator (AEO) programs. This approach introduces a comprehensive method for cross-border goods management and promotes closer cooperation between Customs, businesses, and stakeholders. The Customs News presents a two-part series on implementing the SAFE Framework in Vietnam.
Proposing the Tax Authority be flexible in applying tax debt enforcement measures simultaneously

Proposing the Tax Authority be flexible in applying tax debt enforcement measures simultaneously

VCN - In the draft revised Law on Tax Administration, the Ministry of Finance proposed amending regulations on measures to enforce administrative decisions on tax administration to remove obstacles in policy mechanism and improve the effectiveness of tax administration.
Many shortcomings in process and manual book on handling administrative violations

Many shortcomings in process and manual book on handling administrative violations

VCN - Legal policies on handling administrative violations have effectively supported the technical work of the Customs sector. However, some legal bases and regulations have been amended, replaced, and supplemented, which have limited the efficiency of handling administrative violations of the customs sector.

More News

Implementing the SAFE Framework in Vietnam: Lessons from practice

Implementing the SAFE Framework in Vietnam: Lessons from practice

VCN - The Framework of Standards to Secure and Facilitate Global Trade (SAFE Framework) is a strategic international instrument introduced by the World Customs Organization (WCO) to enhance security and trade facilitation in global supply chains. It contributes significantly to the economic development of the 21st century.
Implementing the SAFE Framework in Vietnam: Solutions and Recommendations

Implementing the SAFE Framework in Vietnam: Solutions and Recommendations

VCN - Recognizing the significance, impact, and benefits of the SAFE Framework in customs modernization and reform, Vietnam Customs is advancing the implementation of SAFE. This involves both capacity building and phased deployment aligned with Vietnam Customs’ development strategy and practical needs.
Abolishing regulations on tax exemption for small-value imported goods must comply with international practices

Abolishing regulations on tax exemption for small-value imported goods must comply with international practices

VCN - The Ministry of Finance said that the abolition of regulations on tax exemption for imported goods valued at less than VND1 million must comply with international practices in the context of the growing trend of cross-border e-commerce activities.
Policy adaptation and acceleration of digital transformation in tax and customs management

Policy adaptation and acceleration of digital transformation in tax and customs management

VCN - In order to contribute to economic growth, tax, customs and logistics management policies need to ensure high adaptability, stability and predictability so that they require little amendment or supplementation.
Implement regulations on special preferential import tariffs under VIFTA

Implement regulations on special preferential import tariffs under VIFTA

VCN - The General Department of Vietnam Customs (GDVC) requests provincial and municipal customs departments to implement Vietnam's special preferential import tariffs under the Free Trade Agreement between the Government of the Socialist Republic of Vietnam and the Government of the State of Israel for the period 2024-2027 (referred to as the VIFTA) from October 15, 2024.
Perfecting tax policy for goods traded via e-commerce

Perfecting tax policy for goods traded via e-commerce

VCN - In order to ensure the goal of developing e-commerce activities without causing loss of state budget revenue, the Customs authority is actively coordinating with policy advisory units of the Ministry of Finance to research and review regulations on tax exemption for import and export goods transacted via e-commerce.
Are belongings of foreigners on business trip to Vietnam exempt from tax?

Are belongings of foreigners on business trip to Vietnam exempt from tax?

VCN - That is the question of Nhat Viet Relocation Company Limited, which has just been answered by the Customs Department and given specific instructions on providing a confirmation of residence of foreigners on business trip to Vietnam to follow tax exemption procedures for movable assets.
Amending regulations on enforcement measures in tax administration

Amending regulations on enforcement measures in tax administration

VCN - In draft of 1 law amending 7 laws in the financial sector, the Ministry of Finance proposed to amend the regulations on enforcement measures in tax administration in the Law on Tax Administration.
Customs procedures for import and export goods during system disruptions

Customs procedures for import and export goods during system disruptions

VCN - When the electronic customs data processing system experiences a disruption, customs procedures for export and import goods, goods under customs supervision, and goods sent via express delivery will follow a separate set of procedures.
Read More

Your care

Latest Most read
Regularly check tax obligations to avoid temporary exit suspension

Regularly check tax obligations to avoid temporary exit suspension

Tax Authority recommends that taxpayers regularly look up their tax obligations to have a plan to pay taxes on time, not letting the tax debt situation drag on and drag on.
Implementing the SAFE framework in Vietnam: Assessment through the lens of international standards

Implementing the SAFE framework in Vietnam: Assessment through the lens of international standards

The SAFE Framework plays a crucial role in encouraging countries to modernize, enhance security, and facilitate trade within global supply chain management and Authorized Economic Operator (AEO) programs
Proposing the Tax Authority be flexible in applying tax debt enforcement measures simultaneously

Proposing the Tax Authority be flexible in applying tax debt enforcement measures simultaneously

VCN - In the draft revised Law on Tax Administration, the Ministry of Finance proposed amending regulations on measures to enforce administrative decisions on tax administration to remove obstacles in policy mechanism and improve the effectiveness of tax
Many shortcomings in process and manual book on handling administrative violations

Many shortcomings in process and manual book on handling administrative violations

VCN - Legal policies on handling administrative violations have effectively supported the technical work of the Customs sector. However, some legal bases and regulations have been amended, replaced, and supplemented, which have limited the efficiency of h
Implementing the SAFE Framework in Vietnam: Lessons from practice

Implementing the SAFE Framework in Vietnam: Lessons from practice

The SAFE Framework is a strategic international instrument introduced by the World Customs Organization (WCO) to enhance security and trade facilitation in global supply chains
Mobile Version