blue-check Roadmap for increasing export duty on stones

Official letter No. 14673/BTC-CST dated December 24th, 2021 of the Ministry of Finance regarding reply to enterprises' proposals
Posted: 28/12/2021 10:26:24 AM | Latest updated: 6/1/2022 8:57:25 AM (GMT+7) | LuatVietnam: 5369 | Vietlaw: 542

To limit the export of raw minerals, the Government promulgated Decree No. 101/2021/ND-CP to increase export duty rates applicable to stones of headings 25.15 - 25.17 (in which including stone blocks as proposed by enterprises).

The roadmap for increasing export duty on stones is specific as follows:

- From 15% and 17% to 20% from July 1st, 2022

- From 20% to 25% from July 1st, 2023

- From 25% to 30% from July 1st, 2024.

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Published Vietlaw's Newsletter No. 542
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