Circular No. 159/2012/TT-BTC amending and supplementing Circular No. 152/2011/TT-BTC of 11 November 2011 guiding the Government's Decree No. 67/2011/ND-CP of 8 August 2011, detailing and guiding a number of articles of the Law on Environmental Protection Tax.
Country
Type of law
Regulation
Abstract
This Circular amends and supplements Circular No. 152/2011/TT-BTC by requiring that bags made from high-density polyethylene resin, low-density polyethylene, or linear low-density polyethylene resin are all subject to environmental taxes, except for nature-friendly products as certified by the Ministry of Natural Resources and Environment.
The Circular also provides that goods that are exported or entrusted to be exported by manufacturers or processers, as well as materials imported for fabricating and processing of these goods, shall be exempt from environmental taxes, unless such goods or materials are acquired for the purposes of export.
The Circular further provides that the manufacturers of all goods subject to environmental taxes that are manufactured domestically or held within bonded warehouses and sold domestically must declare and pay environmental taxes.
The Circular also provides that goods that are exported or entrusted to be exported by manufacturers or processers, as well as materials imported for fabricating and processing of these goods, shall be exempt from environmental taxes, unless such goods or materials are acquired for the purposes of export.
The Circular further provides that the manufacturers of all goods subject to environmental taxes that are manufactured domestically or held within bonded warehouses and sold domestically must declare and pay environmental taxes.
Attached files
Topics
Chemicals and Waste
Date of text
Entry into force notes
This Circular enters into force on 15 November 2012.
Repealed
No
Serial Imprint
Công Báo Nos. 645-646, 4 November 2012, pp. 49-54.
Source language
English
Legislation Amendment
No
Toolkit legislation
Plastic
Regulatory Approach