Each liter of gasoline will receive a reduction of 2,000 VND in environmental protection tax from April 1, 2022

Each liter of gasoline will receive a reduction of 2,000 VND in environmental protection tax from April 1, 2022
Bảo Ngọc

The Standing Committee of the National Assembly promulgates Resolution 18/2022/UBTVQH15 dated March 23, 2022 on environmental protection tax rates for gasoline, oil and grease.

Accordingly, the environmental protection tax rate for gasoline, oil, grease, excluding jet fuel, from April 1, 2022 to the end of December 31, 2022 is regulated as follows:

- Gasoline (except ethanol) 2,000 VND/liter; (Currently 4,000 VND/liter)

- Diesel oil remains at 1,000 VND/liter; (Currently is 2,000 VND/liter)

- The remaining kerosene is 300 VND/liter;

- Fuel oil remaining 1,000 VND/liter; (Currently is 2,000 VND/liter)

- Lubricants have 1,000 VND/liter; (Currently is 2,000 VND/liter)

- Lubricant is 1,000 VND/kg. (Currently is 2,000 VND/kg)

Particularly for the environmental protection tax rate for jet fuel: Continue to apply the level of 1,500 VND/liter as prescribed in Resolution 13/2021/UBTVQH15 dated December 31, 2021.

Thus, from April 1, 2022, each liter of gasoline will be reduced by VND 2,000 in environmental protection tax.

Resolution 18/2022/UBTVQH15 takes effect from April 1, 2022.

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