Check importers series alloy billet

Check importers series alloy billet

VOV.VN - inspection team will conduct verification of the quantity, type, purpose alloy steel billet imports in 2015 of businesses.

 

 

Deputy Minister of Industry and Trade - Mr. Cao Quoc Hung signed the Decision establishing new inspection team importing billet alloy containing the element boron, chromium in the import business, production and sales of steel.
 
Inspection team has 8 members include representatives from the Department of Heavy Industry, Science and Technology, the Department of Export, Market Management Department under the Ministry of Industry and Trade; Representatives of the Ministry of Finance; Representatives of the Ministry of Science and Technology and the Vietnam Steel Association.
 
According to the decision, the inspection team will conduct verification of the quantity, type, purpose alloy steel billet imports in 2015 under the import registration was confirmed MOIT. At the same time, the inspection team infrastructure, storage area, the capacity, output, machinery and equipment manufacturing enterprises.
 
The decision takes effect from the date of 17.11.2015 and inspection team automatically dissolved after completing quests.
 
 
 
Previously, on 13/10/2015, Chairman of the Vietnam Steel Association (VSA) is Mr. Ho Nghia Dung signed documents addressed to the Ministry of Industry and Trade, Ministry of Finance, Ministry of Science and Technology reflects on the state of business domestic steel industry massively imported alloy steel ingot from China.
VSA indicates, some billet importers deliberately declare China's billet alloy containing elemental chromium while Crom very small percentage, only 0.3% is equivalent to the preferential tariffs 0%, while the import of billets for production of steel construction ought to be taxed at 9%. This has resulted in losses to the state budget of 1.89 million, equivalent to about 42 billion.
 
More dangerous, alloy billet products when imported into Vietnam after enjoying preferential tax rates, are China refunds should be priced low, seriously affecting the domestic steel industry. Meanwhile, the capacity of domestic steel production reached nearly 11 million tonnes, but new businesses producing only about 60% capacity. /.
 
Nguyen Quynh / VOV.VN

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