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INCREASING IMPORT TAX OF STEEL

VIETNAM RAISES STEEL IMPORT TAX


  • Some billet products (customs code: 7207) have increased from 5% to 8%
  • Some cold rolled steel products (customs code: 7209) have increased from 7% to 8%.
  • Some coated steel and pre-painted steel products (customs code: 7210) have increased from 1% to 2%.
  • Constructive steel (customs code: 7213, 7214, 7215) has increased from 12% to 15%.
  • Wire rod products (customs code: 7217.10.10.00 and 7217.10.29.00) have increased from 8% and 5% to 10%.
  • Welded steel pipe (customs code: 7306.30.90.90) has increased from 8% to 10%.

Author: Hanh, Source: Vietnam Customs