Vietnam to raise imported fertilizers tax by 6.5%

Ministry of Finance (MoF) has issued a circular on increasing tax on imported fertilizers to 6.5%.

MoF raises some categories of underlying taxed fertilizers at 6.5%, up 1.5% from earlier after having agreements with Ministry of Industry and Trade and Ministry of Agriculture and Rural Development.

In details, fertilizers applied new duties comprises of mineral fertilizer or chemical fertilizer which contains phosphate; superphosphate in package or superphosphate …; mineral fertilizer or chemical one containing nitrogen, phosphorus, potassium.

Tags: Vietnam fertilizer industry, Vietnam fertilizer tax imports

Posted by VBN on Aug 19 2010. Filed under Fertiliser, Import-Export. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry