Import tax reduced for avgas
17:17 | 23/07/2009
VGP – The Ministry of Finance just issued a circular to readjust the preferential import tax rate imposed on some categories of gasoline and oil.

Since July 26 on, the new tax rate of aviation turbine fuels with the flash point from 230C or higher and below 230 C is 20%.

The tax rate is cut down by 5% compared with Circular 133/2009/TT-BTC dated on June 30, 2009 by the Ministry of Finance.

The move is believed to help release the burden of costs for domestic airlines.

By Hoàng Phương

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