Tax exempt for preliminary processing of coconut meat

In an effort to support coconut manufacturers in stablizing their production and exporting activities, the People's Committee of Ben Tre has agreed and ordered the province's Tax Department to grant tax exempt for those who do the preliminary treatment raw coconut meat to supply to export desiccated coconut manufacturing companies in 2006. This tax exempt is aimed to encourage coconut raw materials suppliers to keep their preliminary processing at home to supply to large companies in the losing price struggle against dealers that tend to export raw coconut.

Translated by Truong Hung.