What are special consumption tax rates for electric vehicles in Vietnam?
What are special consumption tax rates for electric vehicles in Vietnam?
Pursuant to Article 7 Law on Special Consumption Tax 2008 (amended by Clause 2, Article 2 Law No. 106/2016/QH13 and Clause 4, Article 1 Law on Amending Special Consumption Tax 2014), the Special Consumption Tax rate for electric cars is as follows:
| No. | Goods, Services | Tax Rate (%) |
|---|---|---|
| g) Electric cars | ||
| (1) Battery-operated electric cars | ||
| - Type carrying up to 9 passengers | ||
| + From March 1, 2022 to end of February 28, 2027 | 3 | |
| + From March 1, 2027 | 11 | |
| - Type carrying 10 to under 16 passengers | ||
| + From March 1, 2022 to end of February 28, 2027 | 2 | |
| + From March 1, 2027 | 7 | |
| - Type carrying 16 to under 24 passengers | ||
| + From March 1, 2022 to end of February 28, 2027 | 1 | |
| + From March 1, 2027 | 4 | |
| - Designated for both passenger and cargo transport | ||
| + From March 1, 2022 to end of February 28, 2027 | 2 | |
| + From March 1, 2027 | 7 | |
| (2) Other electric cars | ||
| - Type carrying up to 9 passengers | 15 | |
| - Type carrying 10 to under 16 passengers | 10 | |
| - Type carrying 16 to under 24 passengers | 5 | |
| - Designated for both passenger and cargo transport | 10 |
What are special consumption tax rates for electric vehicles in Vietnam? (Image from Internet)
What are special consumption tax rates for cars with less than 24 seats in Vietnam?
Pursuant to Article 7 Law on Special Consumption Tax 2008 (amended by Clause 2, Article 2 Law No. 106/2016/QH13 and Clause 4, Article 1 Law on Amending Special Consumption Tax 2014), the Special Consumption Tax rate for cars with less than 24 seats is as follows:
| No. | Goods, Services | Tax Rate (%) |
|---|---|---|
| 4 | Cars with less than 24 seats | |
| a) Cars carrying up to 9 passengers, excluding those specified in Points 4d, 4e, and 4g of the Tariff stipulated in Article 2 of Law No. 106/2016/QH13 | ||
| - Engine displacement of up to 1,500 cm3 | ||
| + From July 1, 2016 to end of December 31, 2017 | 40 | |
| + From January 1, 2018 | 35 | |
| - Engine displacement above 1,500 cm3 to 2,000 cm3 | ||
| + From July 1, 2016 to end of December 31, 2017 | 45 | |
| + From January 1, 2018 | 40 | |
| - Engine displacement above 2,000 cm3 to 2,500 cm3 | 50 | |
| - Engine displacement above 2,500 cm3 to 3,000 cm3 | ||
| + From July 1, 2016 to end of December 31, 2017 | 55 | |
| + From January 1, 2018 | 60 | |
| - Engine displacement above 3,000 cm3 to 4,000 cm3 | 90 | |
| - Engine displacement above 4,000 cm3 to 5,000 cm3 | 110 | |
| - Engine displacement above 5,000 cm3 to 6,000 cm3 | 130 | |
| - Engine displacement above 6,000 cm3 | 150 | |
| b) Cars carrying 10 to under 16 passengers, excluding those specified in Points 4d, 4e, and 4g of the Tariff stipulated in Article 2 Law No. 106/2016/QH13 | 15 | |
| c) Cars carrying 16 to under 24 passengers, excluding those specified in Points 4d, 4e, and 4g of the Tariff stipulated in Article 2 Law No. 106/2016/QH13 | 10 | |
| d) Cars designated for both passenger and cargo transport, excluding those specified in Points 4d, 4e, and 4g of the Tariff stipulated in Article 2 Law No. 106/2016/QH13 | ||
| - Engine displacement of up to 2,500 cm3 | 15 | |
| - Engine displacement above 2,500 cm3 to 3,000 cm3 | 20 | |
| - Engine displacement above 3,000 cm3 | 25 | |
| đ) Cars operating on gasoline combined with electric or bio-energy, where gas usage does not exceed 70% of total energy usage | Equal to 70% of the tax rate applicable to similar cars specified in Points 4a, 4b, 4c, and 4d of the Tariff stipulated in Article 2 Law No. 106/2016/QH13 | |
| e) Cars operating on bio-energy | Equal to 50% of the tax rate applicable to similar cars specified in Points 4a, 4b, 4c, and 4d of the Tariff stipulated in Article 2 Law No. 106/2016/QH13 | |
| g) Electric cars | ||
| - Type carrying up to 9 passengers | 15 | |
| - Type carrying 10 to under 16 passengers | 10 | |
| - Type carrying 16 to under 24 passengers | 5 | |
| - Designated for both passenger and cargo transport | 10 | |
| h) Motorhomes (motorhome) regardless of engine displacement | ||
| - From July 1, 2016 to end of December 31, 2017 | 70 | |
| - From January 1, 2018 | 75 |
What are cases in which special consuption tax is refunded to taxpayers in Vietnam?
Pursuant to Clause 1, Article 8 of the Law on Special Consumption Tax 2008, taxpayers can be refunded the special consumption tax paid in the following cases:
- Temporary import for re-export;
- Goods that are imported materials used for the production or processing of export goods;
- Tax finalization when merging, consolidating, splitting, dissolving, bankrupting, changing ownership, converting enterprises, terminating operations with surplus tax paid;
- There is a tax refund decision from the competent authority as prescribed by law and cases of special consumption tax refund in accordance with international treaties to which the Socialist Republic of Vietnam is a member.
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