On February 7, 2020, the Ministry of Finance issued Decision No. 155 / QD-BTC on the list of goods exempted from import tax for the prevention and control of acute respiratory syndrome caused by new type of Corona virus issued by the Ministry of Finance. This Decision takes effect from the date of signing.
Accordingly, tax exempt subjects focus on the following items:
– Medical masks and materials for the production of medical masks, such as: Non-woven fabrics, Antimicrobial filters, Elastic bands, Nasal splint strips;
– Sanitizing hand sanitizer;
– Disinfectant water; and
– Other necessary supplies and equipment, such as: Costumes for prevention of epidemics, including trousers, shirts, glasses, medical masks, helmets, gloves, shoes.
The above exempt products have management policies, procedures, as well as tax exemption dossiers comply with current law.
The Ministry of Finance’s issuance of Decision 155 / QD-BTC shows the State’s determination to fight the pandemic caused by the new strain of corona virus. At the same time, control and reverse speculative acts of hoarding, in order to increase the price of medical equipment for personal gain.