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Will adjust export tariffs on cassava

On 29.6, the Ministry of Finance announced: Recently, the Ministry of Finance has received the written recommendation of a number of enterprises and through information on a difficult issue reflects the implementation of enterprise policy applies cassava export tax of 5%.

The Ministry of Finance has directed the functional unit meeting with the relevant units of the Ministry of Agriculture and Rural Development, Ministry of Commerce and associations, and quickly coordinate work with a local number to revise tariffs for cassava export to adjust accordingly.

Earlier, in order to encourage production, mixing and use of E5 roadmap outlined in Decision No. 53/2012 / QD-TTg dated 22/11/2012 of the Prime Minister promulgating the applicable rate schedule percentage of biofuel mixed with conventional fuel, the Prime Minister has assigned the Ministry of Finance adjusted export tax cassava to encourage raw materials used in the country, contributing to ensuring raw material for production biofuels.

To implement the directive of the Prime Minister based on the roadmap and using biofuel specified in Decision 53/2012 / QD-TTg, the Finance Ministry sent an official written consultation of the (Agriculture and Rural Development, Industry and Commerce, Justice, Planning and Investment, Natural Resources, Environment, Science and Technology), associations (Association of Vietnam cassava, Biofuels Association of Vietnam and the Commission People 'major cassava growing area (Son La, Yen Bai, Hoa Binh, Binh Thuan, Nghe An, Quang Ngai, Phu Yen and Gia Lai, Kon Tum, Dak Lak, Binh Phuoc, Tay Ninh, Dong Nai, Ba Ria - Vung Tau, Binh Duong).

Based on the consensus opinion of 10/12 1 comments received and suggested increasing the export tax rate to 10% and 1 is unchanged 0%, dated 05.06.2015, the Ministry of Finance issued Circular No. 63/2015 / TT-BTC regulations export tax rate of 5% for cassava products, with effect from 06.20.2015.

Thus, here, the export tax rate on cassava will be adjusted accordingly.

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