Vietnam Cuts Coal Export Duty Rate to 10%

[2012-10-23 16:02:55]

 
Reportedly, Vietnam Ministry of Finance recently declared, by its Notice No. 169/2012/TT-BTC, that it has reduced the coal export duty rate under HS Code 2701 to 10%, which was 20% previously.

The Ministry says that the lowered export duty will bring about 6.5 million tons of coal export from Vietnam by the yearend, reducing coal stock in the country.
Source: ETCN
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