Notification of the Ministry of Finance and Revenue (1/2002)

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Notification of the Ministry of Finance and Revenue (1/2002)

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THE GOVERNMENT OF THE UNION OF MYANMAR
Ministry of Finance and Revenue
OFFICE OF THE MINISTER
Notification No. (1/2002)
Yangon, the 2nd Waning of Nadaw 1363 ME( 1st, January 2002 )

1.             In order that the Government of the Union of Myanmar may implement the Agreement on the Common Effective Preferential Tariff (CEPT) Scheme for the ASEAN Free Trade Area, which is an agreement of the ASEAN, the Ministry of Finance and Revenue has already prescribed the CEPT Product List and Tariff Reduction Plan which is a basic requirement for the implementation thereof, by Notification No.(247/97) dated 10th. December, 1997.

2.             Although the said whole CEPT Package has already been notified, with the object of enabling the import and export entrepreneurs to understand clearly the Year 2002 CEPT Package, it is hereby notified that the rates of duty of the CEPT Products of Inclusion List which are covered by the Harmonized System Codes mentioned in the Annex for the Year 2002 have been reduced from the existing rates to the respective rates shown in the Annex.

3.             The provisions contained in this Notification shall take effect from 1st. January of the year 2002.

                                                                                                                                               Khin Maung Thein

                                                                                                                                                         Minister

                                                                                                                                  Ministry of Finance and Revenue


Letter No. Ba-Kha-2/11 (1/2002)

Dated. 1st. January 2002

Circulation:

1.             Office of the Chairman of the State Peace and Development Council;

2.             Office of the State Peace and Development Council;

3.             Office of the Government;

4.             Office of the President of the State;

5.             Pyithu Hluttaw Office;

6.             Supreme Court;

7.             Office of the Attorney General;

8.             Office of the Auditor General;

9.             All Ministries;

10.           Yangon City Development Committee;

11.           Mandalay City Development Committee;

12.           Office of the Multi-Party Democracy General Election Commission;

13.           Public Services Selection and Training Board;

14.           Department of Internal Revenue;

15.           Department of Customs;

16.           All organizations under the Ministry of Finance and Revenue;

17.           Forwarded to the Printing and Publishing Enterprise with a request for publication in the Myanmar Gazette;

18.           All branches under the Minister’s Office, Ministry of Finance and Revenue;

19.           Records-room of the Office of Minister.

By Order

Sd/-

                                                                                                                                      (Brigadier-General Than Tun)

                                                                                                                                                 Deputy Minister


Annex of the Notification No.(1/2002) of the Ministry of Finance and Revenue of the Union of Myanmar dated 1st January 2002.

            Sr.                  H.S Code                               Existing rate                        Reduced rate

            1.                  7103.10.00                                    25%                                     20%

            2.                  7103.91.00                                    25%                                     20%

            3.                  7103.99.00                                    25%                                     20%

            4.                  7113.11.00                                    25%                                     20%         

            5.                  7113.19.00                                    25%                                     20%

            6.                  7113.20.00                                    25%                                     20%

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