On March 31, 2025, the Government issued Decree No. 73/2025/ND-CP amending the preferential import tax rates for certain products in the Preferential Import Tariff Schedule attached to Decree No. 26/2023/ND-CP on Export Tariff, Preferential Import Tariff, and the List of Goods and Tax Rates for Absolute Tax, Mixed Tax, and Import Tax Outside the Tariff Quota.
Decree No. 73/2025/ND-CP has amended and supplemented the preferential import tax rates for certain products specified in Appendix II - Preferential Import Tariff according to the List of Taxable Goods under Article 3 of Decree No. 26/2023/ND-CP
1. Reduction of Tax Rate for Cars
HS code 8703.23.63 and 8703.23.57: Reduced from 64% to 50%.
HS code 8703.24.51: Reduced from 45% to 32%.
2. Reduction of Tax Rate for Ethanol
Ethanol: Reduced from 10% to 5%.
3. Reduction of Tax Rate for Food Products
Frozen chicken thighs: Reduced from 20% to 15%.
Pistachios (unpeeled): Reduced from 15% to 5%.
Almonds: Reduced from 10% to 5%.
Fresh apples: Reduced from 8% to 5%.
Sweet cherries: Reduced from 10% to 5%.
Raisins: Reduced from 12% to 5%.
4. Reduction of Tax Rate for Natural Gas and Ethane
Liquefied natural gas (LNG): Reduced from 5% to 2%.
Ethane: HS code 2711.19.00 is added to Chapter 98 with a 0% tax rate.
5. Reduction of Tax Rate for Agricultural Products
Maize (corn): Reduced from 2% to 0%.
Soybean meal: Reduced from 1% and 2% to 0%.
6. Reduction of Tax Rate for Wood and Wood Products
Group 44.21 (wood products such as hangers, coffins, matchsticks, etc.): Reduced from 20-25% to 0%.
Group 94.01 and 94.03 (seating, wooden furniture): Reduced from 20-25% to 0%.
Decree No. 73/2025/ND-CP is effective from March 31, 2025.
NĐ 73.pdf