ANTD.VN - After the auction on the morning of November 28, the Ministry of Industry and Trade selected 8 traders to allocate sugar import tariff quotas in 2023.
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Importing an additional 107,000 tons of sugar under the 2023 tariff quota |
On the morning of November 28, the Ministry of Industry and Trade held a session to allocate import tariff quotas for sugar in 2023 by auction method.
The results showed that there were 8 traders with valid records, including: Vietnam Sugar Joint Stock Company; Lam Son Sugar Joint Stock Company; Son La Sugar Joint Stock Company; Thanh Thanh Cong - Bien Hoa Joint Stock Company; Bien Hoa Consumer Goods Joint Stock Company; Bien Hoa - Ninh Hoa Sugar One Member Co., Ltd.; Mondelez Kinh Do Vietnam Joint Stock Company; Kinh Do Northern One Member Co., Ltd.
The Council for Allocation of Sugar Import Tariff Quotas in 2023 announced as follows:
Vietnam Sugar Joint Stock Company was assigned 20,000 tons
Thanh Thanh Cong - Bien Hoa Joint Stock Company was assigned 20,000 tons
Bien Hoa Consumer Goods Joint Stock Company was assigned 20,000 tons
Bien Hoa - Ninh Hoa Sugar One Member Co., Ltd. was assigned 20,000 tons
Lam Son Sugarcane Joint Stock Company was assigned 20,000 tons
Son La Sugarcane Joint Stock Company was assigned 5,000 tons
Mondelez Kinh Do Vietnam Joint Stock Company was assigned 1,000 tons
Kinh Do Mien Bac Company Limited was assigned 1,000 tons
The total quantity of sugar import tariff quotas allocated to businesses this time is 107,000 tons, lower than the total quantity of sugar import tariff quotas in 2023 allocated by auction method of 119,000 tons.
With this result, the State budget collected 265,200 million VND.
After the allocation session, the 2023 Sugar Import Tariff Quota Allocation Council will report the results to the Ministry of Industry and Trade for approval, then issue a document allowing businesses to import the auctioned amount of sugar at preferential tax rates.
With this auction, domestic sugar enterprises are expected to continue to produce effectively and stably, contributing to the development of the agricultural sector and helping to stabilize the lives of sugarcane farmers.
The Council for the allocation of import tariff quotas for sugar in 2023 also specifically noted that, according to current regulations, in case traders are allocated import tariff quotas for sugar in 2023 by auction, if they import sugar originating from the Kingdom of Thailand, they must pay official anti-dumping and anti-subsidy taxes according to Decision No. 1578/QD-BCT and Decision No. 1989/QD-BCT, if they import from countries listed in Decision No. 1514/QD-BCT and Decision No. 2960/QD-BCT, they may be subject to anti-circumvention taxes.
The Ministry of Industry and Trade affirmed that the auction was organized publicly and transparently.
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