On 1.4, the Government Office said that the Government has just issued Decree 73/2025/ND-CP amending and supplementing the preferential import tax rate of some items at the preferential import tax schedule according to the list of taxable items issued together with Decree No. 26/2023/ND-CP dated May 31, 2023 on export tariffs, preferential import tariffs, and tax on the list of import and export tax levels.
Amend and supplement the preferential import tax rates of some items specified in Appendix II - Preferential import tax rates according to the list of taxable items specified in Article 3 of Decree No. 26/2023/ND-CP to new preferential import tax rates.
Accordingly, the preferential import tax rate for HS code 8703.23.63 and 8703.23.57 cars will be reduced from 64% to 50% and for HS code 8703.24.51 cars from 45% to 32%.
For Ethanol, the preferential import tax rate is also reduced from 10% to 5%.
Import tax rate for frozen chicken thighs decreased from 20% to 15%; adding laughing tea nuts, un peeled, decreased from 15% to 5%; almonds decreased from 10% to 5%; fresh apples decreased from 8% to 5%; cherries decreased from 10% to 5%; dry grapes decreased from 12% to 5%.
For wood products and wood products including:
Group 44.21: Wood products (including products such as clothes hangers, coffins, coil core, fiber and fiber ong, sewing rolls and similar products, wood bars for sewing...).
Group 94.01 and 94.03: Seats and seating parts; wooden furniture: reduce import tax from the same tax rate of 20% and 25% to 0%.
Preferential import tax rate on liquefied natural gas (LNG) is reduced from 5% to 2%.
Ethane products: add HS code 2711.19.00 to Chapter 98 with a preferential import tax rate of 0%.
Preferential import tax rates for corn products will be reduced from 2% to 0%; for dried soybean oil products will be reduced from 1%, 2% to 0%.
This Decree takes effect from March 31, 2025.
