VCN – The Government has issued Decree 104/2021/ND-CP, extending payment deadlines for special consumption tax payments on domestically-manufactured or assembled automobiles.
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|Extended payment deadlines ahead for special consumption tax, arising in October and November 2021. Photo: Internet.|
The payment deadline for special consumption tax, arising in October and November 2021 for domestically-manufactured or assembled automobiles, will be extended. For October it will be extended to no later than December 20, and for November no later than December 30, 2021.
If the tax payer makes additional declarations in the extended tax term, which lead to an increase in the payable special consumption tax, and sends their application before the extended tax payment deadline, then the deferred amount will include the additional tax payable.
If the taxpayer is subject to an extension of special consumption tax (SCT), they shall not pay the SCT payable on the declared CIT declaration.
If enterprises have branches and affiliated units that make CIT declarations to the Tax agency, these branches and affiliated units are subject to extension of the CIT payment deadline. If the branches and affiliated units do not engage in auto assembling and manufacturing then they are not subject to the extension of the CIT payment deadline.
The Decree took effect on December 4, 2021.
By Thuy Linh/Ngoc Loan