| Title | Announcement from GDCE on excise tax exemption for imported production inputs of export oriented QIPs |
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Ministry of Economy and Finance has agreed to the request from JBAC for exemption of specific tax on import of production inputs and supporting industries for export oriented production activities. In this regards, the GDCE decides as following.
1. To be exempted specific tax on import of production inputs and supporting industries for export oriented production activities of Qualified Investment Projects which have received incentives from relevant institutions according to existing laws and regulations.
2. Exemption in above point 1 does not cover certain products such as all kinds of automobiles, fuel oils, and other products which are not production inputs or which do not receive incentives according to existing laws and regulations.
As such, please implement above decision effectively.
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