Two Laotian imports granted tax exemption
(VOV) - The rice and raw tobacco material commodity groups imported from Laos will be granted a zero tax rate from January 1, 2013.
According to the Ministry of Industry and Trade’s (MoIT) circular, the tax-exempted imports passing through border gates must have certificates (C/O form S) issued by authorised Lao agencies.
Vietnamese businesses are allowed to import the two commodities from Laos according to their tariff rate quota.
The newly-issued circular will be valid until December 31, 2013.