Safeguard duty on monosodium glutamate imported into Viet Nam will be lowered from March 25, 2017, according to a decision issued recently by the Ministry of Industry and Trade (MoIT). — Photo japanhealthylife
Safeguard duty on monosodium glutamate imported into Viet Nam will be lowered from March 25, 2017, according to a decision issued recently by the Ministry of Industry and Trade (MoIT).
Safeguard duty of VND4,390,000 per tonne will expire on March 24. The new duty, set at VND3,951,899 per tonne, will be imposed from March 25, 2017 until March 24, 2018, the ministry’s Decision 920/QD-BCT, dated March 10, states.
Monosodium glutamate imported into Viet Nam has been subject to safeguard duty since March 25, 2016, and this imposition will last for four years. Safeguard duty rate will be gradually cut and slashed to zero dong per tonne from March 25, 2020. — VNS