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Circular No. 16/2019/TT-BCT dated September 19, 2019 of the Ministry of Industry and Trade guiding the pilot auction of tariff-rate quota for sugar in 2019

Date: 9/19/2019

 

MINISTRY OF INDUSTRY AND TRADE
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SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom – Happiness

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No. 16/2019/TT-BCT
Hanoi, September 19, 2019
 
CIRCULAR
GUIDING THE PILOT AUCTION OF TARIFF-RATE QUOTA FOR SUGAR IN 2019
Pursuant to the Government’s Decree No. 98/2017/ND-CP dated August 18, 2017 on functions, tasks, powers and organizational structure of the Ministry of Industry and Trade;
Pursuant to the Government’s Decree No. 69/2018/ND-CP dated May 15, 2018 on guidelines for the Law on Foreign Trade Management;
Pursuant to the Government’s Decree No. 62/2017/ND-CP dated May 16, 2017 on guidelines for the implementation of the Law on Property Auction;
Pursuant to the Government’s Decree No. 151/2017/ND-CP dated December 26, 2017 on guidelines for the Law on Management and use of public property;
At the request of the Director General of the Agency of Foreign Trade;
The Minister of Industry and Trade promulgates the Circular guiding the pilot auction of tariff-rate quota for sugar in 2019.
Article 1. Scope of amendments
This Circular provides for the tariff-rate quota for sugar and rules for the pilot auction of tariff-rate quota for sugar in 2019.
Article 2. Regulated entities
1. The traders directly using sugar as an ingredient for production and traders using raw sugar to produce refined sugar.
2. The individuals and organizations relating to the import of sugar according to the 2019 tariff-rate quota.
Article 3. Auctioned tariff-rate quota for sugar in 2019
The pilot-auctioned tariff-rate quota for sugar (HS code: 1701) in 2019 is 98,700 tonnes.
Article 4. Auction rules
1. Rules and procedures for property auction shall be carried out according to regulations on auction and characteristics of the auctioned property.
2. The Ministry of Industry and Trade shall establish a council for pilot auction of tariff-rate quota for sugar in 2019 to hold the auction. The head of the auction council shall promulgate the regulations on pilot auction of tariff-rate quota for sugar in 2019.
Article 5. Notification of grant of the right to use tariff-rate quota
1. After receipt of the report on auction results from the auction council, the Ministry of Industry and Trade shall issue a written notification on grant of the right to use the tariff-rate quota for sugar to the successful bidder(s).
2. The notification on grant of the right to use the tariff-rate quota for sugar to the successful bidder(s) shall be used for customs procedures according to customs regulations.
Article 6. Effect
This Circular takes effect from November 02, 2019 to December 31, 2019.
 
 
MINISTER
(Signed and sealed)




Tran Tuan Anh
(This translation is for reference only)



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