On August 27th 2015, the Ministry of Finance issued Circular No. 131/2015/TT-BTC on change in preferential import tax rate imposed on synthetic staple fibres of polyesters of HS Code 5503.20.00 at the preferential import tariff issued accompanied with the Circular No. 164/2013/TT-BTC.
According to the Circular, the preferential import tax rate imposed on synthetic staple fibres of polyesters of HS Code 5503.20.00 has increased from 0% to 2%.
The Circular comes into force from October 11th 2015.