Pause 5% tax collected on exports of cassava chips
According to the Ministry of Finance, the suspension of the implementation of this tax is to remove difficulties even for businesses and farmers to grow cassava. Because of cassava inventory (approximately 500,000 tons) now if exports are subject to a 5% tax will hole up the cassava export enterprises will reduce prices, reduce purchasing for production of cassava is grown by farmers.
Finance Ministry proposed amendments to Circular No. 63/2015 / TT-BTC towards adopting cassava export tariff is 1% or 2% from the date of 01.01.2016.
As PV has information, 6.5 days, the Ministry of Finance issued Circular No. 63/2015 / TT-BTC regulations export tax increase for cassava products from 0% to 5%, while the tax rate from 20.6 days.
However, after the promulgation of this circular, many cassava exporter disagreed because the time since issued a circular to the effect too short, the tax rate of 5% is too high ...