Are tax policies on trực tiếp bóng đá k+ export of cement clinker products in Vietnam amended according to Directive 28?
Are tax policies on trực tiếp bóng đá k+ export of cement clinker products in Vietnam amended according to Directive 28?
According toDirective 28/CT-TTg of 2024, trực tiếp bóng đá k+ domestic and exportmarkets of building materials face many difficulties due to reduced domestic and global demand, supply chain disruptions, slow growth of trực tiếp bóng đá k+ domestic real estate market, trực tiếp bóng đá k+ delayed implementation of many construction projects and key infrastructure projects, and increased transportation costs.
trực tiếp bóng đá k+ exported clinker and other building materials have decreased due to fierce competition on product prices from major global producers, together with technical barrier regulations in export markets; trực tiếp bóng đá k+ domestic market faces fierce competition due to a significant increase in imported products in recent times.
According to Clause 1, Section 2 ofDirective 28/CT-TTg of 2024:
II. TASKS AND SOLUTIONS
- Regarding development policy mechanisms:
- Review trực tiếp bóng đá k+ mechanisms, policies, and institutions to encourage rapid and sustainable investment and development of trực tiếp bóng đá k+ building materials industry, serving trực tiếp bóng đá k+ production and business activities of enterprises, contributing to trực tiếp bóng đá k+ socio-economic development of trực tiếp bóng đá k+ country. Restructure debt repayment periods, adjust interest rate levels for loans for customers, including businesses in trực tiếp bóng đá k+ building materials industry as per legal regulations. Issue preferential policies on trực tiếp bóng đá k+ use of household waste, industrial waste, and waste from certain industries such as ash, gypsum... as fuel and raw materials replacement in cement production and other building materials. Strengthen state management in trực tiếp bóng đá k+ building materials sector, especially in cement and construction steel consumption activities.
- Research and adjust trực tiếp bóng đá k+ tax policy on trực tiếp bóng đá k+ export of cement clinker products to ensure competitiveness with countries exporting similar products, while aligning with trực tiếp bóng đá k+ Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) regarding not imposing export taxes on goods for countries signing trực tiếp bóng đá k+ Agreement. Strengthen measures on trade defense, technical barriers, and anti-dumping for steel products and building materials such as imported ceramic tiles, fiberboard (LDF/MDF/HDF), sanitary ware, construction glass... to eliminate unfair competition behaviors and ensure compliance with Vietnam's regulations and WTO.
...
Therefore, to overcome trực tiếp bóng đá k+ decline in exportedclinker and otherbuilding materials, trực tiếp bóng đá k+ Prime Minister of Vietnam proposes tasks and solutions regarding industry development policies, including trực tiếp bóng đá k+ requirement to research and adjust trực tiếp bóng đá k+ tax policy on trực tiếp bóng đá k+ export of cement clinker products to ensure competitiveness with countries exporting these products, while aligning with trực tiếp bóng đá k+ CPTPP on not imposing export taxes on goods for countries signing trực tiếp bóng đá k+ Agreement.
Are tax policies on trực tiếp bóng đá k+ export of cement clinker products in Vietnam amended according to Directive 28? (Image from trực tiếp bóng đá k+ Internet)
Will trực tiếp bóng đá k+ Ministry of Finance in Vietnam study to specifycement clinker productssubject to VAT?
According to Clause 3, Section 3 ofDirective 28/CT-TTg of 2024:
III. IMPLEMENTATION ORGANIZATION
...
3. Ministry of Finance
a) Lead trực tiếp bóng đá k+ formulationof a Decree amending Decree No. 26/2023/ND-CP of May 31, 2023, on Export Tariffs, Preferential Import Tariffs, List of Goods and Fixed Taxes, Mixed Taxes, Import Taxes beyond Tariff Quotas; research and propose adjustments towards applying a suitable export tax rate for cement clinker to solve current consumption difficulties.
b)Lead trực tiếp bóng đá k+ formulationof a Decree guiding trực tiếp bóng đá k+ Law on Amendments toLaw on Value-Added Tax after being adoptedby trực tiếp bóng đá k+ National Assembly; study regulations on cement clinker products towards "cement clinker products being subject to VAT" for both domestic consumption and export.
...
Thus, trực tiếp bóng đá k+ Ministry of Finance is tasked with leading trực tiếp bóng đá k+ formulationof a Decree guiding trực tiếp bóng đá k+ Law on Amendments toLaw on Value-Added Tax after being adoptedby trực tiếp bóng đá k+ National Assembly; study regulations on cement clinker products towards "cement clinker products being subject to VAT" for both domestic consumption and export.
Additionally, trực tiếp bóng đá k+ Ministry of Finance mustresearch and propose adjustments towards applying a suitable export tax rate for cement clinker to solve current consumption difficulties.
What are theduties ofthe Ministry of Industry and Trade ofVietnam in assistingclinker and cement exporters in Vietnam?
According to Clause 2, Section 3 ofDirective 28/CT-TTg of 2024:
III. IMPLEMENTATION ORGANIZATION
...
2. Ministry of Industry and Trade
...
d) Lead, cooperate with trực tiếp bóng đá k+ Ministry of Construction and related ministries in considering dossiers requesting investigation on trực tiếp bóng đá k+ application of trade defense measures, conduct investigations per regulations, and promptly issue specific measures on trade defense against steel products and building materials such as imported ceramic tiles, fiberboard (LDF/MDF/HDF), sanitary ware, construction glass... ensuring compliance with Vietnam's regulations and WTO.
dd) Lead, cooperate with trực tiếp bóng đá k+ Ministry of Construction, People's Committees of provinces, centrally managed cities, associations, and professional associations in promoting trade, accessing foreign markets to assist exports ofclinker and cement products; construction steels, coated steel sheets, and steel products.
...
Thus, trực tiếp bóng đá k+ Ministry of Industry and Trade of Vietnam willleadand cooperate with trực tiếp bóng đá k+ Ministry of Construction, People's Committees of provinces, centrally managed cities, associations, and professional associations in promoting trade, accessing foreign markets to assist exports ofclinker and cement products; construction steels, coated steel sheets, and steel products.
