Where and when will the Hanoi Beer Festival 2024 be held? What is the excise tax rate applied to beer in Vietnam?

Where and when will the Hanoi Beer Festival 2024 be held?

The Hanoi Beer Festival 2024 is the most anticipated cultural and culinary event of the year, organized by HABECO to express gratitude to esteemed customers who have always accompanied and cherished HABECO's brands through many generations.

The Hanoi Beer Festival officially returns in 2024, carrying the spirit of "Preserving the essence, elevating the position." The event promises not only to be a place to experience beer culture but also an occasion for customers to deeply appreciate the value and class that the Hanoi Beer brand products have built for over a century.

This year, the festival will create a vibrant cultural space, full of the blend between traditional beauty and the modern essence of the Capital, with unique areas representing HABECO's three famous product lines: Hanoi Beer, Hanoi Draft Beer, and Hanoi Premium.

Time: The Hanoi Beer Festival 2024 will take place over 2 days, specifically on November 22 and 23, 2024:

- November 22, 2024: 4:00 PM – 9:00 PM

- November 23, 2024: 10:00 AM – 9:00 PM

Location: Quan Ngua Sports Palace, No. 30 Van Cao, Lieu Giai, Ba Dinh, Hanoi

Note: The content is for reference purposes only.

Where and when will the Hanoi Beer Festival 2024 be held? What is the excise tax rate applied to beer in Vietnam? (Image from the Internet)

What is the current excise tax rate applied to beer in Vietnam?

Based on Article 7 of the Law on excise Tax 2008 as amended by Clause 4 Article 1 of the Law on excise Tax Amendment 2014, the excise tax rate applied to beer according to the excise Tax Tariff is as follows:

Thus, the current excise tax rate applied to beer is 65%.

Which entities are the excise tax payers in Vietnam?

Based on Article 4 of Circular 195/2015/TT-BTC, the excise tax payer is defined as follows:

- excise tax payers are organizations, individuals that produce, import goods, and perform services subject to excise tax, including:

+ Business organizations established and registered under the Law on Enterprises, the Law on State Enterprises (now the Law on Enterprises), and the Law on Cooperatives.

+ Economic organizations of political organizations, political-social organizations, social organizations, social-professional organizations, political-social-professional organizations, armed forces units, professional organizations, and other organizations.

+ Foreign-invested companies and foreign parties involved in business cooperation under the Law on Foreign Investment in Vietnam (now the Law on Investment); foreign organizations, individuals doing business in Vietnam but not establishing a legal entity in Vietnam.

+ Individuals, households, independent business groups, and other entities involved in production, business, or import activities.

- Export business establishments purchase excise tax goods from production facilities for export but do not export and sell domestically.

Where is the place to submit the excise tax declaration in Vietnam?

Based on point d, clause 1, Article 11 of Decree 126/2020/ND-CP stipulates as follows:

Place to submit tax declaration documents

Taxpayers shall follow the regulations on the place to submit tax declaration dossiers as prescribed in clauses 1, 2, and 3, Article 45 of the Law on Tax Administration and the following stipulations:

1. The place to submit tax declaration dossiers for taxpayers with many activities and businesses in many provincial areas as prescribed at point a, point b, clause 4, Article 45 of the Law on Tax Administration, is the tax authority where business activities are conducted outside the province/city where the head office is located in the following cases:

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c) Declare value-added tax where the electricity manufacturing plants are located.

d) Declare excise tax where goods subject to excise tax are manufactured, processed, or services subject to excise tax are provided (except for electronic lottery business activities).

In the case where the taxpayer directly imports excise tax goods and resells them domestically, the taxpayer must declare the excise tax to the tax authority managing directly where the taxpayer has its head office.

đ) Declare environmental protection tax where goods subject to environmental protection tax are manufactured, excluding environmental protection tax on petrol and oil business activities as stipulated at point a, clause 4 of this Article.

e) Declare environmental protection tax where coal production and business facilities are located (including cases of internal consumption), excluding the environmental protection tax stipulated at point b, clause 4 of this Article.

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Thus, the place to submit the excise tax declaration is at the location where goods subject to excise tax are manufactured, processed, or where services subject to excise tax are provided (except for electronic lottery business activities).

In the case where taxpayers directly import excise tax goods and then sell them domestically, they must declare the excise tax to the tax authority that directly manages the location where the taxpayer's head office is located.