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Agree pause cassava export duties

The Government Office has written notification directed by Deputy Prime Minister Vu Van Ninh, on behalf of the Prime Minister, agreed in principle with the recommendations of the Finance Ministry on tax applies pause 5% export cassava.

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Cassava chips export tax of 5% not bear anymore. Photo: Internet.
Together, the Deputy Prime Minister asked the Ministry of Finance pursuant to Article 11 of Decree 87/2010 / ND-CP of the Government detailing the implementation of some articles of the Law on Export and Import Tax and direction of Prime Minister in Notice No. 19 / TB-Government Office of the Government Office, to handle export tax specifically for cassava under the authority, to ensure conformity with reality and to encourage the production, Cassava consumption.

Earlier, as Customs newspaper reported, following the instruction of the Prime Minister and based on the recommendations of the Biofuels Association, the Ministry of Finance adjusted export tax increase from 0% to cassava 5% from 20-6-2015.

Some time after the new tax takes effect, the Ministry of Finance continued to receive feedback from collective enterprises export cassava, some personal content is 5% higher tax rate affects market consumption of raw materials and cassava farmers. Besides, the time to raise taxes too fast leads to large inventories.

According to the newspaper Customs seize, immediately after receiving this reflects, on 23-6-2015, the Ministry of Finance met with the Ministry of Industry and Trade, Ministry of Agriculture and Rural Development, Association of Cassava, Association Biofuels Association and 14 exporters cassava desktop user uninstalls.

At the same time, the Tax Policy Department - Ministry of Finance has organized a survey in Binh Dinh and Gia Lai - two areas with large inventories to understand reality. Since then, the Ministry of Finance has officially submitted to the Prime Minister plans for dealing with to ensure harmony between the interests of the State - now - farmers, especially the interests of farmers.

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