Quyết định 69/2008/QĐ-BTC của Bộ Tài chính về việc ban hành giá bán tối thiểu sản phẩm thuốc lá điếu

DECISION

PROMULGATING MINIMUM SELLING PRICE OF CIGARETTES

THE MINISTER OF FINANCE

Pursuant to Law 57 on Amendments to the Law on Special Sales Tax and the Law on Value Added Tax dated 29 November 2005;
Pursuant to Decree 77/2003/ND-CP of the Government dated 1 July 2003 on the functions, duties, powers and organizational structure of the Ministry of Finance;
Pursuant to Decree 119/2007/ND-CP of the Government dated 18 July 2007 on tobacco manufacture and business;
Pursuant to Decree 75/2008/ND-CP of the Government dated 9 June 2008 amending Decree 170/2003/ND-CP of the Government dated 25 December 2003 implementing the Ordinance on Prices;
With agreement from both the Ministry of Industry and Trade in Official Letter 6923/BCT-CNN dated 7 August 2008 on the plan for minimum prices of tobacco products, and from the Vietnam Tobacco Association in Official Letter 60/HHTL-CV dated 9 July 2008 proposing the plan on minimum prices of cigarette packets;
Having considered the proposal of the Director of the Price Management Division;

DECIDES:

Article 1.- To promulgate the minimum selling price of tobacco products by tobacco manufacturing enterprises as follows:

- The minimum selling price of one hard packet of cigarettes shall be two thousand five hundred (2,500) dong per packet;

- The minimum selling price of one soft packet of cigarettes shall be two thousand one hundred (2,100) dong per packet.

The above price means the ex-warehouse selling price of the manufacturing enterprise, inclusive of special sales tax but exclusive of value added tax; and on the basis that each packet contains twenty (20) cigarettes.

Article 2.- Tobacco manufacturing enterprises shall stipulate the selling price of their own tobacco products ensuring they are not lower than the minimum prices stipulated in article 1.

Any tobacco manufacturing enterprise which sells its products at a price less than that stipulated in article 1 shall be dealt with in accordance with law.

Article 3.- All tobacco manufacturing enterprises must declare their selling prices of tobacco products pursuant to Decree 75/2008/ND-CP of the Government dated 9 June 2008 amending Decree 170/2003/ND-CP of the Government dated 25 December 2003 implementing the Ordinance on Prices, and relevant implementing guidelines.

Article 4.- This Decision shall be of full force and effect fifteen (15) days after the date on which it is published in the Official Gazette. The Director of the Price Management Division and general directors (directors) of tobacco manufacturing enterprises shall be responsible for implementation of this Decision.