Order No. 0336 of the Minister of Industry and Commerce on the Auction of the Government’s Seized Timbers Nationwide.

This Order is issued in order to effectively implement the auction of the Government’s seized timbers nationwide and manage the raw material supply to Lao Wood Production and furniture production enterprises in order to process the seized timber.
Seized timbers auction committees in Vientiane Capital and at provincial level shall coordinate with the Central Seized Timbers Auction Committee to effectively implement the free auction of the seized timbers nationwide.
The price for bidding consists of: 1) base price, 2) value added tax and 3) profit tax.