Excise tax policy on alcoholic products changed 12 times

Excise tax policy on alcoholic products changed 12 times

VCN - At the conference on the current status of tax policy on alcoholic beverages and reform trends jointly organized by the Central Institute for Economic Management (CIEM) and the Vietnam Tax Consultants' Association on January 18, many important infor
Proposal to extend payment deadline for excise tax on domestically manufactured, assembled cars

Proposal to extend payment deadline for excise tax on domestically manufactured, assembled cars

VCN - Regarding the policy of extending the deadline for paying excise tax for domestically manufactured and assembled cars, the Ministry of Finance has just sent a report to the Prime Minister and Deputy Prime Minister Le Minh Khai. In this report, the M
Which items are subject to excise tax?

Which items are subject to excise tax?

The Ministry of Finance proposes to apply excise tax on some products and services with limited use.
Which items are subject to an excise tax?

Which items are subject to an excise tax?

The Ministry of Finance proposes to apply excise tax on some products and services which are limited to use.
Excise tax on gasoline should not be abolished

Excise tax on gasoline should not be abolished

VCN - The Ministry of Finance said that the collection of green tax on gasoline is in line with the objectives of the excise tax and international practices.
Increase in Excise Tax: Shifting to Compound Tax system appropriate direction

Increase in Excise Tax: Shifting to Compound Tax system appropriate direction

VCN – The Government has reformed the Excise Tax calculation from the per cent rate to the Compound Tax system from now to 2030.
Facilitating customs clearance for petroleum

Facilitating customs clearance for petroleum

VCN – Petroleum is a necessity for production and living activities, so the import procedures and customs clearance for petroleum is always facilitated by Customs, said the General Department of Customs.
Most ministries agree to reduce the excise tax on gasoline and VAT on petrol and oil

Most ministries agree to reduce the excise tax on gasoline and VAT on petrol and oil

Ministry of Finance said that all respondents agreed with the purpose and views of draft Resolution of the National Assembly on reducing excise tax on gasoline and value-added tax on petrol and oil
Increase excise tax on cigarettes: Which option is the best?

Increase excise tax on cigarettes: Which option is the best?

VCN - The law enforcement agencies should study to develop an appropriate roadmap and level for an excise tax increase on tobacco products, and encourage improving the quality of products, avoiding creating opportunities for smuggled cigarettes, leading t
Many tax policies issued to stabilize petroleum products prices

Many tax policies issued to stabilize petroleum products prices

VCN - Petroleum is a key input fuel in the economy. Fuel costs account for a large portion of the cost structure of goods and services such as transportation, said the Ministry of Finance.
Why did excise tax on petroleum not adjust?

Why did excise tax on petroleum not adjust?

The Ministry of Finance suggested that there will be no immediate adjustment on excise tax for petroleum.
Proposal to extend the deadline for paying excise tax in 2022 for domestically manufactured and assembled automobiles

Proposal to extend the deadline for paying excise tax in 2022 for domestically manufactured and assembled automobiles

The Ministry of Finance has just drafted the Government's report and decree on the deadline extension of the excise tax payment for domestically manufactured and assembled automobiles.
Deadline for paying excise tax for automobiles producing or assembling domestically to be extended

Deadline for paying excise tax for automobiles producing or assembling domestically to be extended

The ministry is completing procedures to submit the draft decree on extending the deadline for excise tax payment for automobiles producing or assembling domestically to the Government
2 Lamborghini supercars must be lodged 25 billion VND of tax at Hai Phong port

2 Lamborghini supercars must be lodged 25 billion VND of tax at Hai Phong port

Each Lamborghini supercar which is used by high society must be lodged more than tens of billion VND of tax including import tariff, excise tax and VAT.
Propose 4 solutions for applying excise tax of sweetened beverage

Propose 4 solutions for applying excise tax of sweetened beverage

4 solutions of applying excise tax for sweetened beverage are presented by experts of the World Health Organization in order to limit the use of sweetened beverage
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