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Tariff cut on automobile parts

11 March 2009
Ministry of Finance has released a circular adjusting the preferential import tariff on automobile parts, which is applied on customs declaration from March 9, 2008.

Accordingly, the import duty on engines, gearbox, set of clutch and other accessories subject to Category 84.07, 84.08, 84.09 and 87.08 almost was down 2-5% compared with the ministry's tariff decision issued on December 26, 2008.
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