Finance Minister cuts petrol import tax

VGP – The Ministry of Finance has promulgated Circular 70/2013/TT-BTC on amending the preferential import tax rate of some commodities under the group 2710.

May 24, 2013 2:56 PM GMT+7

Under the Circular, the import tax rate of some petrol and oil products has been cut down to 18% from the current 19%.

Specifically, the new tax rate is applied to engine petrol products including leaded and unleaded RON97 and RON90, tetrapropylen, white spirit, naphtha, reformate./.

By Hai Minh