VIETNAM has decided to make adjustments on the tax tariff for export of some rubber commodities. Export of natural rubber products and natural rubber latex, which are either pre-vulcanised or unvulcanised will be subject to a tax of 3%, instead of the earlier 5%. The new export duty rates for latex and other rubber products will be 3%. Synthetic rubber will have an export tax rate of 5%, instead of 3%. Currently, almost all of the rubber products are enjoying a zero percent export tax rate. The rates will take effect from 8 December.(PRA)
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