Electronic payment for registration fees of automobiles and motorcycles implemented from the first quarter of 2017

VCN - After a period of preparing databases and equipment, and working with the relevant authorities, the General Department of Taxation is expected to deploy the electronic tax payment for registration fee of automobiles and motorcycles on the first quarter of 2017.
electronic payment for registration fees of automobiles and motorcycles implemented from the first quarter of 2017

Electronic payment for the registration fee of automobiles and motorcycles will become one of the utility services of the Taxation.

To officially launch the electronic tax payment for the registration fee of automobiles and motorcycles to be one of the utility services of the Tax Department, the General Department of Taxation and the Traffic Police Department have completed the analysis of data exchange between the two departments. At the end of November, 2016, the Department of Information Technology (General Department of Taxation) collaborated with the Departments to deploy the transmission line connecting to the Traffic Police Department and check the data transmission. Currently, the General Department of Taxation has completed a draft Regulation.

Regarding coordination involving the Vietnam Registry, after analysis meetings, the Vietnam Registry has provided information and data on imported vehicles and locally assembled vehicles for the Department of Information Technology to analyze and transfer the data under the design. Along with that, building a national unified price list, the Department of Information Technology collaborated with the Department of Personal Income Tax Administration to transfer all data of imported vehicles and locally assembled vehicles in the country into the national unified price list to apply nationwide. According to the General Department of Taxation, the national price list of registration fee is expected to be issued in the fourth quarter of 2016

The General Department of Taxation is currently drafting a regulation on the issuance of a national unified price list under the direction of the Ministry of Finance. Therefore, to ensure the deployment progress of Resolution NQ-CP soon from 2016 and Decree No. 140/2016/ND-CP on the registration fee, the Department of Information Technology in collaboration with the Department of Personal Income Tax Administration submitted to the Ministry of Finance the deployment of electronic tax declaration and payment for automobiles and motorcycles along with the deployment of the national price list of registration fee of automobiles and motorcycles in the first quarter of 2017.

The electronic payment for registration fee of automobiles and motorcycles is expected to apply for individuals, organizations and businesses; and motorcycle and automobile Dealers (authorized by the individual, organizations and businesses in declaration and payment of registration fee as prescribed) in vehicle registration of automobiles and motorcycles. The electronic declaration and payment of the registration fee will be applied when required: electronic declaration of the registration fees for imported automobiles and motorcycles and locally assembled automobiles and motorcycles (new unused types) subject to the registration and requirement of number plates of the public authority except objects where the individuals, organizations, businesses or automobiles subject to non-payment of the registration fees or are free from registration fees.

Sharing at the Vietnam Electronic Payment Forum, Deputy Director General of the General Department of Taxation Nguyen Dai Tri said that the objects are individuals, individual business and households accounting for a large proportion of national taxpayers. Therefore, the implementation of tax administrative procedures through electronic transactions, in which electronic tax declaration and payment is a major task of Taxation. The target is electronic tax declaration and payment for some objects occurring transactions with the Tax authorities without electronic support services, including electronic tax payment for the registration fees of automobiles and motorcycles

The payment of the registration fees will be implemented through Banks: The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV); Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank); Joint Stock Commercial Bank for Industry and Trade of Vietnam (VietinBank); and Vietnam Bank for Agriculture and Rural Development (Agribank). In addition, taxpayers can implement the tax payment through Internet banking.
By Thuy Linh/ Huyen Trang

Related News

Banks still "struggling" to find tools for handling bad debt

Banks still "struggling" to find tools for handling bad debt

VCN - According to financial experts, the rising trend in bad debt continues to pose significant challenges to debt resolution and recovery efforts at credit institutions (CIs).
Continue to handle cross-ownership in banks

Continue to handle cross-ownership in banks

VCN - The situation of excess share ownership, cross-ownership between credit institutions (CIs), CIs and enterprises, although has decreased significantly compared to previous periods, is still complicated and requires continued inspection and control.
More efficient thanks to centralized payments between the State Treasury and banks

More efficient thanks to centralized payments between the State Treasury and banks

VCN - The State Treasury (KBNN) is continuing to maintain the stable operation of payment systems within the KBNN system and payments with banking systems to ensure smooth, timely and safe operations.
Allocating credit room, motivation for banks to compete

Allocating credit room, motivation for banks to compete

VCN - The State Bank of Vietnam (SBV) has announced that it will allocate the credit growth limit (room) for banks that have achieved 80% of their target. This is an incentive for banks to increase their competitiveness.

Latest News

Consulting on customs control for e-commerce imports and exports

Consulting on customs control for e-commerce imports and exports

VCN- The General Department of Vietnam Customs (GDVC) consults widely on the draft Decree regulating customs control for e-commerce imports and exports.
Flexible tax policy to propel Việt Nam’s economic growth in 2025

Flexible tax policy to propel Việt Nam’s economic growth in 2025

The Vietnamese government has extended and enhanced tax relief for 2025, offering reductions and deferrals to boost economic growth.
Brandnew e-commerce law to address policy gaps

Brandnew e-commerce law to address policy gaps

The proposed law seeks to address gaps in existing regulations and keep pace with technological advancements and evolving business models.
From January 1, 2025: 13 product codes increase export tax to 20%

From January 1, 2025: 13 product codes increase export tax to 20%

VCN - According to the Export Tariff (XK) issued with Decree 26/2023/ND-CP, from January 1, 2025, there will be 13 commodity codes with an export tax rate of 20%.

More News

Export tax rates of 13 commodity codes to increase to 20% from January 1, 2025

Export tax rates of 13 commodity codes to increase to 20% from January 1, 2025

VCN – According to the Export Tariff issued with Decree 26/2023/ND-CP, the tax rates of 13 commodity codes will increase to 20% from January 1, 2025.
Proposal to reduce 30% of land rent in 2024

Proposal to reduce 30% of land rent in 2024

VCN - The Ministry of Finance has finalized a draft Government Decree outlining the reduction of land rent for 2024. The draft is currently under review by the Ministry of Justice before being submitted to the Government for approval.
Resolve problems related to tax procedures and policies for businesses

Resolve problems related to tax procedures and policies for businesses

VCN - Immediately after the end of the Dialogue Conference between the Ministry of Finance and enterprises on tax and customs policies and administrative procedures in 2024, the General Department of Customs proactively removed obstacles related to tax procedures and policies for the business community.
New regulations on procurement, exploitation, and leasing of public assets

New regulations on procurement, exploitation, and leasing of public assets

VCN - Decree No. 114/2024/ND-CP, which amends and supplements certain articles of Decree No. 151/2017/ND-CP detailing the implementation of the Law on Management and Use of Public Assets, introduces significant changes. These include updates on authority, methods of asset exploitation in agencies and units, plans for leasing, joint ventures, and partnerships in public service units, as well as centralized procurement procedures.
Actively listening to the voice of the business community

Actively listening to the voice of the business community

VCN - Recognizing the Customs-business relationship as a long-term partnership, the Customs authority has organized hundreds of dialogues with businesses since the beginning of the year. These efforts aim to promptly address challenges, resolve obstacles, and facilitate import-export activities. Such meetings offer an opportunity for the Customs authority and the business community to exchange, share insights, and find solutions to enhance operational quality and efficiency.
Step up negotiations on customs commitments within the FTA framework

Step up negotiations on customs commitments within the FTA framework

VCN - Promoting negotiations on customs commitments within the framework of free trade agreements (FTAs) plays an important role in facilitating import and export activities. These commitments not only help optimize the customs clearance process but also minimize costs and risks for businesses, opening up great opportunities for Vietnamese goods to access deeper into the international market.
Proposal to amend regulations on goods circulation

Proposal to amend regulations on goods circulation

VCN - To perfect the policy on customs procedures, inspection and supervision, enterprises and associations have contributed many ideas from practical activities. Thereby, the Drafting Committee (General Department of Customs) has more perspectives to build policies to meet the goal of facilitating trade and ensuring state management of customs.
Review of VAT exemptions for imported machinery and equipment

Review of VAT exemptions for imported machinery and equipment

VCN - The General Department of Vietnam Customs has directed provincial and municipal customs departments to review, inspect, and address issues related to the implementation of VAT exemption policies for specialized machinery and equipment used in agricultural production.
Customs tightens oversight on e-commerce imports

Customs tightens oversight on e-commerce imports

VCN - The General Department of Vietnam Customs has issued new directives to enhance the management of imported goods transacted through e-commerce platforms, addressing ambiguities and ensuring consistent enforcement across provincial and municipal customs departments.
Read More

Your care

Latest Most read
Consulting on customs control for e-commerce imports and exports

Consulting on customs control for e-commerce imports and exports

VCN - The Decree provides regulations on inspection and specialized management for e-commerce imports and exports; electronic customs data processing system for e-commerce imports and exports.
Flexible tax policy to propel Việt Nam’s economic growth in 2025

Flexible tax policy to propel Việt Nam’s economic growth in 2025

The Vietnamese government has extended and enhanced tax relief for 2025, offering reductions and deferrals to boost economic growth.
Brandnew e-commerce law to address policy gaps

Brandnew e-commerce law to address policy gaps

The proposed law seeks to address gaps in existing regulations and keep pace with technological advancements and evolving business models.
From January 1, 2025: 13 product codes increase export tax to 20%

From January 1, 2025: 13 product codes increase export tax to 20%

VCN - According to the Export Tariff (XK) issued with Decree 26/2023/ND-CP, from January 1, 2025, there will be 13 commodity codes with an export tax rate of 20%.
Export tax rates of 13 commodity codes to increase to 20% from January 1, 2025

Export tax rates of 13 commodity codes to increase to 20% from January 1, 2025

VCN - 13 commodity codes with export tax rates increased to 20% from January 2025 include:
Mobile Version