What is the table showing the absolute environmental protection tax amounts in 2024 in Vietnam?

What is the table showing the absolute environmental protection tax amounts in 2024 in Vietnam?

Under Article 2 of the Environmental Protection Tax Law 2010, the provisions are as follows:

 Interpretation of terms

In this Law, the terms below are construed as follows:

1. Environmental protection tax means indirect-collected tax, collected on products and goods (hereafter referred to as goods) when used to cause negative environmental impacts.

2. Absolute tax amount means tax amount prescribed by the amount of money per unit of taxable goods.

3. Taxable-plastic bag means bags; packages are made from polyethylene plastic film unit, its technical name is a porous plastic bag

4. Hydrogen-chlorofluorocarbon liquid (HCFC) means group of substance causing reduction of ozone used as refrigerant.

Absolute tax amount means tax amount prescribed by the amount of money per unit of taxable goods.

Under Article 8 of the Environmental Protection Tax Law 2010, the absolute environmental protection tax amounts are currently prescribed according to the following Tax Schedule:

Note: Based on the above Tax Schedule,  the National Assembly Standing Committee provides for specific tax amount for each type of dutiable goods ensuring the following principles:

- The tax amount on taxable goods in line with socio-economic development policy – social in each period;

- The tax amount on taxable goods shall be determined under the extent of causing negative environmental impacts of the goods.

What is the table showing the absolute environmental protection tax amounts in 2024 in Vietnam? (Image from the Internet)

Are goods temporarily imported for re-export subject to environmental protection tax in Vietnam?

Under Article 4 of the Environmental Protection Tax Law 2010, the provisions are as follows:

Non-taxable object

1. Goods is not specified in Article 3 of this Law shall not be subject to environmental tax.

2. Goods provided for in Article 3 of this Law shall not be subject to environmental tax in the following cases:

a) Goods transported in transit or transshipped through the border gate, Vietnam border in accordance with the law, including the transportation of goods from exporting countries to importing countries through the border gate of Vietnam but it is not made import & export procedures into and out of Vietnam; transit goods through the border gate, the border of Vietnam on the basis of agreements signed between the Government of Vietnam and a foreign government or an agreement between agencies, representative authorized under the provisions of law by government of Vietnam and foreign governments;

b) Goods temporarily imported for re-export within the time limit prescribed by law;

c) Goods directly exported by production facilities or entrusted for the export business to export, except for organizations, households and individuals to purchase goods which environmental protection taxable subject to export.

Goods temporarily imported for re-export within the time limit prescribed by law are not subject to environmental protection tax.

When is the taxable time for imported goods in Vietnam?

Under Article 9 of the Environmental Protection Tax Law 2010, the provisions are as follows:

Taxable time

1. For goods manufactured, sold, exchanged, donated, taxable time is the time transferring the ownership or right to use goods.

2. For manufactured goods brought into internal consumption, taxable time is the time when taxable goods brought into use.

3. For imported goods, taxable time is the time of registration of customs declarations.

The taxable time for imported goods is the time of customs declaration registration.

What are the cases of refund of environmental protection tax in Vietnam?

Under Article 11 of the Environmental Protection Tax Law 2010, environmental protection tax is refunded in the following cases:

- Imported goods are still stored in warehouse, storage at the border gate and are subject to be supervised by the customs authority for re-export to foreign countries;

- Imported goods to transport, sell abroad through agents in Vietnam; gasoline, petrol sold for vehicles of foreign firms on the route through Vietnam's ports or means of Vietnam's transportation on international transport road under the provisions of law;

- Goods temporarily imported for re-export by business mode of temporary import for re-export.

- Goods imported by the importer re-exporting to foreign countries;

- Goods temporarily imported for participation in fairs, exhibitions and introduction of products in accordance with the law when re-exported to foreign countries.