Zero Percent Tax On Cambodia's Rice, Tobacco

via CAAI

HANOI, Dec 15 (Bernama) -- The Ministry of Industry and Trade (MIT) has decided to apply import tariff of zero percent on rice and tobacco imported from Cambodia under quota for 2010 and 2011 between November 1, 2010 and December 31, 2011, Vietnam News Agency (VNA) reported.

Accordingly, 250,000 tonnes of rice equivalent and 3,000 tonnes of dry tobacco leaves imported from Cambodia in 2010 and 2011 will enjoy zero percent tariff rate.

Beneficiaries are requested to submit Cambodian certificates of origin and import the products via Vietnamese border gates namely Le Thanh in the Central Highlands province of Gia Lai; Hoa Lu in the southern province of Binh Phuoc; Moc Bai, Xa Mat, Trang Riec, Ca Tum, Phuoc Tan in the southern province of Tay Ninh; and Binh Hiep in the southern province of Long An.

The decision will take effect from Jan 17, 2011.