Export duty on gold jewellery increases

The Ministry of Finance has just issued Circular No.36 to modify import and export tax on gold jewellery and other products made by golden.

According to Circular, starting May 7, golden jewellery that is more than 95 percent in purity will be assessed a two percent tax instead of zero percent as current regulations.

Golden jewellery that is below 95 percent purity will be enjoyed a zero percent tax.

H.My –Translated by M.Quyen

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