Tiếng Việt- 1 Circular No. 120/2003/TT-BTC of December 12, 2003, guiding the implementation of the Government’s Decree No. 158/2003/ND-CP of December 10, 2003 detailing the implementation of the value added Tax Law and the Law amending and supplementing a number of articles of the value added Tax Law
- 2 Circular No. 62/2004/TT-BTC of June 24, 2004 guiding the application of value added tax rates according to the preferential import tariffs
| THE MINISTRY OF FINANCE | SOCIALIST REPUBLIC OF VIET NAM |
| No. 324 TC/TCT | Hanoi, January 11, 2005 |
To: - Provincial/municipal Tax Departments
- Provincial/municipal Customs Departments
The Ministry of Finance has received proposals from a number of provincial/municipal Tax Departments and enterprises regarding the VAT rate applicable to manganese dioxide; in order to apply a uniform value added tax rate to this commodity item, the Ministry of Finance hereby provides the following guidance:
Point 2.2 of the Finance Ministry’s Circular No. 62/2004/TT-BTC of June 24, 2004, guiding the application of VAT rates according to the Import Tariffs, stipulates: “The VAT list prescribes only one VAT rate in the VAT rate column. If an import goods item is subject to a tax rate specified at Point 2 and Point 3, Section II, Part B or not subject to VAT as prescribed in Section II, Part A of the Finance Ministry’s Circular No. 120/2003/TT-BTC of December 12, 2003, such item shall enjoy the VAT rate specified in Circular No. 120/2003/TT-BTC.”
According to this provision and Appendix No. 1 to the Finance Ministry’s Circular No. 120/2003/TT-BTC of December 12, 2003, on the list of base chemicals, the VAT rate of 5% shall apply to electrolytic and enriched manganese dioxide.
The Ministry of Finance hereby notifies the aforesaid guidance to provincial/municipal Taxation Departments and Customs Departments for knowledge and implementation.
FOR THE MINISTER OF FINANCE
VICE MINISTER
Truong Chi Trung
...
...
...