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Tax increase for alcohol, beer, tobacco should go with combat against smuggling and tax evasion

Tax increase for alcohol, beer, tobacco should go with combat against smuggling and tax evasion

09:35 | 11/09/2024 Regulations

VCN - The Government suggests that it is necessary to develop regulations on special consumption tax that adhere to the principle of promoting production and business, economic development and meet the requirements of protecting the environment and people
Alcohol and beer are subject to special consumption tax

Alcohol and beer are subject to special consumption tax

19:06 | 02/09/2024 Regulations

VCN - According to the provisions of the Law on Special Consumption Tax, alcohol and beer are subject to special consumption tax.
Beverage enterprises need to renovate the process to adapt with rise of tax

Beverage enterprises need to renovate the process to adapt with rise of tax

13:15 | 16/08/2024 Regulations

To manage the alcoholic beverage market, along with tax solutions, it is necessary to strengthen measures to manage smuggled wine and beer, especially locally brewed wine, illegally produced wine, and poor quality wine.
Special consumption tax policy for electric cars

Special consumption tax policy for electric cars

14:15 | 14/08/2024 Regulations

To encourage businesses to invest and consumers to use environmentally friendly vehicles, the Ministry of Finance has proposed a special consumption tax (SCT) rate for this type of vehicle.
Revising SCT on automobiles must ensure harmony of benefits

Revising SCT on automobiles must ensure harmony of benefits

14:12 | 02/08/2024 Regulations

VCN - At the Workshop "Draft regulations on revising special consumption tax (SCT) on automobiles: Impacts and Recommendations" organized by the Central Institute for Economic Management (CIEM) on August 1, many multi-dimensional comments of experts and b
Proposal to increase Special Consumption Tax on tobacco products

Proposal to increase Special Consumption Tax on tobacco products

09:50 | 20/07/2024 Finance

According to experts, there cannot be a solution that fully ensures the benefits of both consumers, the state and businesses, but it is necessary to choose the most optimal option to achieve the initially set goals.
Imposing and raising special consumption tax contributing to change consumption behavior

Imposing and raising special consumption tax contributing to change consumption behavior

10:05 | 17/07/2024 Finance

Many experts and businesses contributed their opinions to clarify the importance and impact of the revised special consumption tax law
Extend deadline for paying Special Consumption Tax on domestically produced and assembled cars

Extend deadline for paying Special Consumption Tax on domestically produced and assembled cars

07:49 | 22/06/2024 Regulations

VCN - The Decree stipulates that the payment deadline for the Special Consumption Tax for the Tax terms of May, June, July, August and September in 2024 for domestically produced and assembled cars.
Proposal to extend the special consumption tax payment deadline for domestically produced and assembled cars

Proposal to extend the special consumption tax payment deadline for domestically produced and assembled cars

10:07 | 09/06/2024 Regulations

Total amount of special consumption tax (SCT) on domestically produced and assembled cars, if extended, is about VND 8,560 billion.
It is necessary to adjust the special consumption tax on harmful goods to health

It is necessary to adjust the special consumption tax on harmful goods to health

14:41 | 04/11/2023 Regulations

VCN - Many opinions agree with the drafting agency's proposal to implement a policy to expand the tax base for products that are not beneficial to health and the environment such as sugary drinks as well as research on increasing special consumption tax (
Payment deadlines extended for domestic automobiles

Payment deadlines extended for domestic automobiles

12:27 | 11/12/2021 Finance

VCN - 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.
Impose special consumption tax on pick-up car

Impose special consumption tax on pick-up car

14:10 | 07/07/2021 Regulations

VCN-The GDVC cites Circular 65/2017/TT-BTC and refers to the HS 2017 of the World Customs Organization saying pick-up cars for transport of people is under heading 87.03 and pick-up cars for transport of goods under heading 87.04.
Ho Chi Minh City: Series of domestic revenues increased

Ho Chi Minh City: Series of domestic revenues increased

14:48 | 22/09/2019 Finance

VCN- Revenue from production and business activities in the firsteight months of 2019 was VND105,196 billion, reaching 59.95% of the estimate, up 7.26% compared to 2018, and accounting for 62.41% of the total domestic revenue excluding crude oil.
Experience in levying special consumption tax on sweetened beverages in many countries

Experience in levying special consumption tax on sweetened beverages in many countries

11:19 | 28/04/2019 Finance

VCN- According to the National Institute for Finance, taxes on sweetened beveragesare applied in many countries in Europe, South America, North America and Asia. Taxation is implemented in the context that sweetened beverages are harmful to human health.
Guiding the declaration of special consumption tax

Guiding the declaration of special consumption tax

08:25 | 20/10/2018 Regulations

VCN – Answering the question from Shipping Corporation and Maritime Services on the declaration of special consumption tax (SCT) for fermented fruit juice with alcohol content of 4.5 degrees, the General Department of Customs gave specific guidance on th
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