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Coal export tax will be raised to 13 per cent

Update: May, 28/2013 - 11:10

HA NOI (VNS)– The Ministry of Finance late last week issued Circular 71/2013/TT-BTC amending the export tax on coal (Code 27.01 and Code 27.04) in the export tax list.

Under the circular, export tax on fossil coal, briquette, ovoid coal and solid material made from fossil coal, coke coal and half-coke coal refined from fossil coal, lignite or peat will be raised to 13 per cent from the current rate of 10 per cent.

The new export tax rate will be applied as of July 7 this year.-VNS

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