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Circular No. 185/2014/TT-BTC dated December 5, 2014 of the Ministry of Finance on changes in preferential import tax rates imposed on petroleum articles in Heading 27.10 in preferential import tariff schedule

Date: 12/5/2014

THE MINISTRY OF FINANCE 
-------
SOCIALIST REPUBLIC OF VIETNAM 
Independence - Freedom - Happiness  
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No. 185/2014/TT-BTC
Hanoi, December 5, 2014
CIRCULAR
ON CHANGES IN PREFERENTIAL IMPORT TAX RATES IMPOSED ON PETROLEUM ARTICLES IN HEADING 27.10 IN PREFERENTIAL IMPORT TARIFF SCHEDULE
Pursuant to the Law on import and export taxes dated June 14, 2005;
Pursuant to Resolution No. 295/2007/NQ-UBTVQH12 dated September 28, 2007 on issuance of Export tariff schedule imposed on taxable headings and tax rate bracket imposed on each heading, Import tariff schedule imposed on taxable headings and tax rate bracket imposed on each heading;
Pursuant to Decree No. 87/2010/ND-CP dated August 13, 2010 of the Government on providing guidance on the Law on Export and import tax;
Pursuant to Decree No. 215/2013/ND-CP dated December 23, 2013 of the Government on defining functions, tasks, entitlements, and organizational structure of the Ministry of Finance ;
On the basis of preferential import tax rates imposed on petroleum articles in equivalent to petroleum article prices on the international market prescribed in Dispatch No. 17728/BTC-CST dated December 4, 2014 of the Ministry of Finance and at the request of the Director of the Tax Policy Department,
The Minister of Finance issues a Circular on changes in preferential import tax rates imposed on petroleum articles in Heading 27.10 in Preferential import tariff schedule issued together with Circular No. 164/2013/TT-BTC dated November 15, 2013 of the Ministry of Finance.
Article 1. Changes in preferential import tax rates imposed on petroleum articles in Heading 27.10 in preferential import tariff schedule
The preferential import tax rates imposed on petroleum articles in Heading 27.10 in Preferential import tariff schedule issued together with Circular No. 164/2013/TT-BTC dated November 15, 2013 of the Ministry of Finance shall be changed into new preferential import tax rates as prescribed in the List enclosed herewith.
Article 2. Effect
This Circular shall take effect from December 6, 2014./.
 
 
PP. MINISTER
DEPUTY MINISTER


(Signed and sealed)



Vu Thi Mai
(This translation is for reference only)
LIST
ON PREFERENTIAL IMPORT TAX RATES IMPOSED ON ARTICLES IN HEADING 27.10
(Issued together with Circular No. 185/2014/TT-BTC dated December 5, 2014 of the Minister of Finance)
Code
Description
Tax rate 
(%)
27.10
Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils.
 
 
- Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils.
 
2710.12
- - Light oils and preparations
 
 
- - - Motor spirit
 
2710.12.11
 - - - - Of RON 97 and above, leaded
27
2710.12.12
 - - - - Of RON 97 and above, unleaded
27
2710.12.13
 - - - - Of RON 90 and above, but below RON 97, leaded
27
2710.12.14
 - - - - Of RON 90 and above, but below RON 97, unleaded
27
2710.12.15
 - - - - Other, leaded
27
2710.12.16
 - - - - Other, unleaded
27
2710.12.20
- - - Aviation spirit, not of a kind used as jet fuel
7
2710.12.30
- - - Tetrapropylen
27
2710.12.40
- - - White spirit
27
2710.12.50
- - - Low aromatic solvents containing by weight less than 1% aromatic content
27
2710.12.60
- - - Other solvent spirits
27
2710.12.70
- - - Naphtha, reformates and other preparations of a kind used for blending into motor spirits
27
2710.12.80
- - - Other alpha olephins
27
2710.12.90
- - - Other
27
2710.19
- - Other
 
2710.19.20
- - Topped crude
5
2710.19.30
- - - Carbon black feedstock
5
 
- - - Lubricating oils and greases
 
2710.19.41
 - - - - Lubricating oil feedstock
5
2710.19.42
 - - - - Lubricating oils for aircraft engines
5
2710.19.43
 - - - - Other lubricating oils
5
2710.19.44
 - - - - Lubricating greases
5
2710.19.50
- - - Hydraulic brake fluid
3
2710.19.60
- - - Transformer and circuit breakers oils
5
 
- - - Diesel fuel; fuel oils
 
2710.19.71
- - - - Automobile diesel fuels
23
2710.19.72
- - - - Other diesel fuels
23
2710.19.79
- - - - Fuel oils
24
2710.19.81
- - - Aviation turbine fuel (jet fuel) having a flash point of 23° C or more
7
2710.19.82
- - - Aviation turbine fuel (jet fuel) having a flash point of less than 23° C
7
2710.19.83
- - - Other kerosine
26
2710.19.89
- - - Other medium oils and preparations
15
2710.19.90
- - - Other
3
2710.20.00
- Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, containing biodiesel, other than waste oils.
5
 
- Waste oils
 
2710.91.00
- - Containing polychlorinated biphenyls (PCBs), polychlorinated terphenyls (PCTs) or polybromminated biphenyls (PBBs)
20
2710.99.00
- - Other
20



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