Government requires strict handling of smuggled steel

Government requires strict handling of smuggled steel

A joint working group will be established to examine the import of embryos, in the context of Chinese steel trade fraud is suspected.

 

 

 
The Government Office has announced the conclusion of the Deputy Prime Minister Hoang Trung Hai at a meeting on the situation in Vietnam smuggled steel. Accordingly, the Deputy Prime Minister requested the establishment of a joint working group to inspect the imported steel, timely detect and strictly handle acts of importing, using improperly registered goals and not guarantees of quality regulations being put into the building.
 
At the same time, the solution of technical barriers, administrative ... must be taken to strictly manage and prevent trade frauds in imported billet. Results interdisciplinary inspection reports Prime Minister before the 11/30/2015.
As reflected by Steel Association, the last time non-alloy scrap and alloy steel billet imports from China surge in prices plummeted, which notably billet imports containing elemental chromium and declared as alloy billet to enjoy the import tax rate of 0%, instead of 9% as other kinds of square billets.
 
Therefore, the association had written submissions ministries proposed investigation of fraud and take measures to avoid defenses negative impact. The organization calculated the untruthful declaration commodity code will cause losses to the state budget millions of dollars and billet production enterprises are unlikely to stand in the future, particularly in the context of China's rise strengthening export demand in the country entered a period of decline.
 
Regarding this situation, the Ministry of Finance recently written proposal to introduce a 10% tax on steel billet alloy containing elemental chromium content of 0.3% or more, which is higher than the square billet import duties Current (9%).
 
Phuong Linh

Hỗ trợ trực tuyến

  • Liên hệ ngay.
    Email:

    ĐT: (08) 6682 3335 - Fax: (08) 6256 2218 

Ngày giờ hiện tại

18/8/2025
clock