How will import taxes on fertilizers and tobacco change from December 16, 2024?

Export and import taxes on some items such as fertilizers, zinc, tin, tobacco... will change from December 16, 2024 according to Decree No. 144/2024/ND-CP.

Government issued Decree No. 144/2024/ND-CP dated November 1, 2024 amending and supplementing a number of articles of Decree No. 26/2023/ND-CP dated May 31, 2023 of the Government on Export Tariff Schedule, Preferential Import Tariff Schedule, List of goods and absolute tax rates, mixed tax, import tax outside tariff quota.

Import and export taxes on fertilizers, tobacco, zinc... will change from December 16, 2024

Accordingly, for goods mineral fertilizers or chemical fertilizers, containing nitrogen (item code 31.02), Government regulations: Urea, whether or not in aqueous solution (item code 3102.10.00); ammonium sulphate (item code 3102.21.00); other (item code 3102.29.00); mixtures of ammonium nitrate with calcium carbonate or other inorganic substances not being fertilizers (item code 3102.40.00); sodium nitrate (item code 3102.50.00); double salts and mixtures of calcium nitrate and ammonium nitrate (item code 3102.60.00); mixtures of urea and ammonium nitrate in aqueous or ammoniacal solution (item code 3102.80.00); Other, including mixtures not specified in the previous subheadings (3102.90.00) have an export tax rate of 5%.

In addition, in the Decree, the Government stipulates that products containing leaves Tobacco, reconstituted tobacco, nicotine, or tobacco substitutes or nicotine substitutes, intended to be smoked without combustion; other nicotine-containing products intended to introduce nicotine into the human body (item code 24.04) shall have the following import tax rates:

Products intended for smoking without burning containing tobacco leaves or reconstituted tobacco (item code 2404.11.00); other types containing nicotine (item code 2404.12); liquid or gel for electronic cigarettes (item code 2404.12.10); other types (item code 2404.12.90); containing tobacco substitutes (item code 2404.19.10); containing nicotine substitutes (item code 2404.19.20); nicotine chewing gum (item code 2404.91.10); nicotine patches (item code 2404.92.10)... have an import tax rate of 50%.

At the same time, electronic devices for electronic cigarettes and similar personal vaporization devices (item code 8543.40.00) have an import tax rate of 50%.

The Decree clearly states that preferential import tax rates for items in group 24.04 and items with HS code 8543.40.00 mentioned above are applied in cases where these items are allowed to be imported into Vietnam according to the provisions of law.

In addition to fertilizers and tobacco, the Government also regulates that Ammonium nitrate with NH4NO3 content > 98.5% (item code 3102.30.00.10) has a tax rate of 0%; other types (item code 3102.30.00.90) have a tax rate of 5%.

Zinc, not alloyed, with a zinc content of 99.99% or more by mass (item code 7901.11.00); zinc, not alloyed, with a zinc content of less than 99.99% by mass (item code 7901.12.00); zinc alloys (item code 7901.20.00) export tax rate is 10%.

Unwrought tin (item code 80.01), of which tin, not alloyed (item code 8001.10.00); tin alloy items (item code 8001.20.00) have an export tax rate of 10%.

The Decree takes effect from December 16, 2024.

Source