Circular No 163/2015/TT-BTC November 5, 2015 of the Ministry of Finance Amending the preferential import duty rates for motor vehicles for the transportation of goods under Heading 87.04 and automobile parts and motor chassis fitted with cabs under Chapter 98 of the Preferential Import Tariff

Pursuant to the June 14, 2005 Law on Import Duty and Export Duty;

Pursuant to Resolution No. 295/2007/NQ-UBTVQH12 of September 28, 2007, promulgating the Import Tariff in accordance with the List of dutiable commodity groups and the duty rate bracket for each commodity group, and the Preferential Import Tariff in accordance with the List of dutiable commodity groups and the preferential duty rate bracket for each commodity group;

Pursuant to the Government’s Decree No. 87/2010/ND-CP of August 13, 2010, detailing the implementation of a number of articles of the Law on Import Duty and Export Duty;

Pursuant to the Government’s Decree No. 215/2013/ND-CP of December 23, 2013, defining the functions, duties, powers and organizational structure of the Ministry of Finance;

At the proposal of the Director of the Tax Policy Department;

The Minister of Finance promulgates the Circular amending the preferential import duty rates for motor vehicles for the transportation of goods under Heading 87.04 and automobile parts and motor chassis fitted with cabs under Chapter 98 of the Preferential Import Tariff.

Article 1. To amend the preferential import duty rates for motor vehicles for the transportation of goods under Heading 87.04

To amend the preferential import duty rates for motor vehicles for the transportation of goods under Heading 87.04, which were promulgated together with the Minister of Finance’s Circular No. 173/2014/TT-BTC of November 14, 2014, amending the preferential import duty rates for a number of commodities in the Preferential Import Tariff promulgated together with the Minister of Finance’s Circular No. 164/2013/TT-BTC of November 15, 2013, to implement the 2015 WTO commitments, into new ones provided in Section I of the List promulgated together with this Circular.

Article 2. To amend the particular preferential import duty rates for automobile parts and motor chassis fitted with cabs under Chapter 98

1. To amend the particular preferential import duty rates of completely and incompletely knocked out automobile parts of motor vehicles for the transportation of goods under Heading 98.21, Section II, Chapter 98, Appendix II to the Preferential Import Tariff promulgated together with the Minister of Finance’s Circular No. 164/2013/TT-BTC of November 15, 2013, into new preferential import duty rates provided in Clause 1, Section II of the List promulgated together with this Circular.

2. To amend and supplement the particular preferential import duty rates for motor chassis fitted with cabs (chassis cars fitted with cabs), having a gross vehicle weight exceeding 20 tons but not exceeding 45 tons as prescribed in Article 2 of Circular No. 122/2014/TT-BTC of August 27, 2014, amending and supplementing the List of commodity headings and the particular preferential import duty rates for motor chassis fitted with cabs, having a gross vehicle weight exceeding 20 tons but not exceeding 45 tons as prescribed in the Minister of Finance’s Circular No. 164/2013/TT-BTC of November 15, 2013, into new preferential import duty rates provided in Clause 2, Section II of the List promulgated together with this Circular.

Article 3. Effect

This Circular takes effect on December 20, 2015.-

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