VN raises import tax on meat & poultry
VGP – Under Decision 83/2008/QĐ-BTC recently released by the Ministry of Finance, the preferential import tax will be readjusted for some imports like meat, iron and steel since October 12.
In the early eight months, Việt Nam imported around 118,000 tons of meat of all kinds |
Accordingly, the import tax rate of raw or frozen pork (group 0203) increases from 25% to 27%; of raw or frozen beef (groups 0201 and 0202) from 15% to 17%.
Under the Decision, poultry’s tax rate will experience sharp readjustment, from 12-15% to 20-40%.
Vegetables used as food for domestic animals and non-alloy steel and iron products will enjoy new tax rates which are appropriate to the market demands.
By Kim Anh