What is the list of approved plant protection chemicals in Vietnam from January 30, 2025? What is the VAT rate for plant protection chemicals in Vietnam?

What is the list of approved plant protection chemicals in Vietnam from January 30, 2025?

Pursuant to Clause 1, Article 1 of Circular 25/2024/TT-BNNPTNT (effective from January 30, 2025), the list of plant protection chemicals approved for use in Vietnam is regulated as follows:

(1) Chemicals for use in agriculture:

- Insecticides: 753 active ingredients with 1834 commercial names.

- Fungicides: 725 active ingredients with 1676 commercial names.

- Herbicides: 273 active ingredients with 853 commercial names.

- Rodenticides: 08 active ingredients with 49 commercial names.

- Growth regulators: 63 active ingredients with 187 commercial names.

- Insect attractants: 08 active ingredients with 08 commercial names.

- Molluscicides: 31 active ingredients with 154 commercial names.

- Adjuvants (spreaders): 05 active ingredients with 06 commercial names.

(2) Termiticides: 16 active ingredients with 27 commercial names.

(3) Wood preservatives: 07 active ingredients with 08 commercial names.

(4) Warehouse disinfectants: 03 active ingredients with 10 commercial names.

(5) Chemicals for use on golf courses:

- Fungicides: 02 active ingredients with 02 commercial names.

- Growth regulators: 01 active ingredient with 01 commercial name.

(6) Seed treatment chemicals:

- Insecticides: 10 active ingredients with 16 commercial names.

- Fungicides: 12 active ingredients with 12 commercial names.

(7) Post-harvest agricultural preservatives

- 01 active ingredient with 01 commercial name.

What is the list of approved plant protection chemicals in Vietnam from January 30, 2025? What is the VAT rate for plant protection chemicals in Vietnam? (Image from the Internet)

What is the VAT rate for plant protection chemicals in Vietnam?

Pursuant to Article 10 of Circular 219/2013/TT-BTC, as amended by Clause 6, Article 1 of Circular 26/2015/TT-BTC, the regulation on goods and services subject to a VAT rate of 5% is as follows:

5% VAT rate

1. Clean water for production and daily life, excluding bottled, canned drinking water and other types of beverages subject to a 10% VAT rate.

2. Ores for fertilizer production; pest control drugs and growth stimulants for livestock and plants, including:

a) Ores for fertilizer production which are ores used as raw materials for fertilizer production such as Apatite ore used for phosphate fertilizer production, mud soil for bio-fertilizers;

b) Pest control drugs include plant protection chemicals as listed in the plant protection drug list issued by the Ministry of Agriculture and Rural Development and other pest control drugs;

c) Growth stimulants for livestock and plants.

...

Accordingly, plant protection chemicals listed by the Ministry of Agriculture and Rural Development will be subject to a VAT rate of 5%.

What are regulations on the time for determining value-added tax on the sale of plant protection chemicals in Vietnam?

Based on Article 8 of Circular 219/2013/TT-BTC, the regulation on the time for determining value-added tax is as follows:

Time of determining VAT

1. For the sale of goods, it is the time of transfer of ownership or the right to use the goods to the purchaser, irrespective of whether payment has been received.

2. For service provision, it is the time of completion of service provision or the time of issuing service provision invoice, irrespective of whether payment has been received.

For telecommunication services, it is the time of completing the data reconciliation of service charges between the telecommunication service business establishments under the economic contract, but no later than 2 months from the month of generating telecommunication service charges.

3. For electricity and clean water supply activities, it is the date of recording the electricity or water consumption index on the meter to be recorded on the billing invoice.

4. For real estate business, infrastructure construction, and housing construction for sale, transfer, or lease, it is the time of collecting money according to the project implementation schedule or the money collection schedule stated in the contract. Based on the collected amount, the business establishes and declares the arising output VAT in the period.

5. For construction and installation, including shipbuilding, it is the time of acceptance and handover of the work, work items, or completed construction and installation volume, irrespective of whether payment has been received.

6. For imported goods, it is the time of customs declaration registration.

Therefore, the time for determining value-added tax on the sale of plant protection chemicals is the time of the transfer of ownership or the right to use the plant protection chemicals to the purchaser, irrespective of whether payment has been received.