Viet
Nam's ministries, industrial sectors and associations have proposed several
changes to a draft on export and import tariffs for next year.
The Price Management Department under the
Ministry of Finance said that due to increased world petrol prices, Viet Nam's
fuel import tax had been held at 0-5 per cent.
The department added that the proposed fuel
import tax rate of 0 to 5 per cent set for the next year would be lower than
the 40 per cent rate as required by the World Trade Organisation (WTO) from 2012.
Therefore, it was suggested that next year's
rate be calculated based on national commitment to the WTO.
Meanwhile, the Viet Nam Cement Industry
Corporation (VINCEM) said that an import tax rate of 15 per cent based on
clinker for 2012 would be too low, causing an adverse impact on domestic
producers. As a result, the corporation requested a higher tax level be
implemented to help revive the local sector.
However, VINCEM also asked that a zero tax
rate be applied in promotion of cement exports in order to help reduce existing
stockpiles.
The Viet Nam Rubber Association meanwhile
requested a higher import tax rate of 20 per cent to replace the proposed 10
per cent rate for automobile tyres coded 4011.62.10, 4011.63.10 and 4011.92.10
as they could be produced by domestic manufacturers.
The Ministry of Culture, Sports and Tourism in
turn said that black-and-white film coded 0372.97.10 should enjoy a zero tax
rate, due to it being used for archival purposes only, without affecting tax
revenues.
As for compact discs and tapes coded 8523, the
ministry requested a high tax rate be applied to prevent pirated imports.
Since last month, the Ministry of Finance,
having gathered recommendations on its new import/export tariffs draft, said
that changes would not significantly impact exports.
The draft has called for import taxes based on
more than 1,000 items be cut in accordance with WTO commitment.
News Desk
Viet Nam News
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