December 26, 2024 — According to Decree No. 26/2023/NĐ-CP, beginning January 1, 2025, Vietnam will apply a 20% export tax rate on 13 product codes under Chapter 68 of the Harmonized System (HS).
Details of Decree No. 26/2023/NĐ-CP
On May 31, 2023, the Government issued Decree 26/2023/NĐ-CP, stipulating the Export Tariff Schedule, Preferential Import Tariff Schedule, and the List of Goods with Absolute, Mixed, or Out-of-Quota Tariff Rates.
Under this decree, the export tax rates for the 13 product codes — including HS 6801.00.00 through HS 6803.00.00 — were progressively set at 10% (from July 15, 2023), 15% (from January 1, 2024), and will reach 20% from January 1, 2025.
List of 13 Product Codes Subject to 20% Export Tax
From January 1, 2025, the following products will be subject to a 20% export tax:
-
HS 6801.00.00 – Curbing, paving, and flagstones of natural stone (except slate)
-
HS 6802.10.00 – Cut or sawn building stones; artificially colored granules and powders
-
HS 6802.21.00 – Marble, travertine, and alabaster
-
HS 6802.23.00 – Granite
-
HS 6802.29.10 – Other limestone
-
HS 6802.29.90 – Other building stones and similar products, merely cut or sawn with flat surfaces
-
HS 6802.91.10 – Other marble (excluding basic monument/building stones)
-
HS 6802.91.90 – Other travertine and alabaster (excluding basic monument/building stones)
-
HS 6802.92.00 – Other limestone
-
HS 6802.93.10 – Polished granite slabs
-
HS 6802.93.90 – Other granite
-
HS 6802.99.00 – Other stones
-
HS 6803.00.00 – Worked slate and articles of slate or agglomerated slate powder
Export Tax Increase from 15% to 20%
In summary, under Decree No. 26/2023/NĐ-CP, the export tax rate for 13 types of natural and processed stones will increase by 5 percentage points, from 15% to 20%, starting January 1, 2025.