What is the deadline for paying the excise tax on domestically produced or assembled automobiles for the tax period of August 2024 in Vietnam?

Which goods and services apply excise tax in Vietnam?

Article 2 of the Law on Excise Tax 2008 as amended by Clause 1, Article 1 of the Law on Excise Tax 2014 specifies the goods and services applying excise tax in Vietnam, including:

1. Goods:

- Cigarettes, cigars and other tobacco preparations used for smoking, inhaling, chewing, sniffing or keeping in mouth;

- Liquor;

- Beer;

- Under-24 seat automobiles , including automobiles for both passenger and cargo transportation with two or more rows of seats and fixed partitions between passenger holds and cargo holds;

- Two- and three-wheeled motorcycles of a cylinder capacity of over 125 cm3;

- Aircraft and yachts;

- Gasoline;

- Air-conditioners of 90,000 BTU or less;

- Playing cards;

- Votive gilt papers and votive objects.

2. Services:

- Dance halls:

- Massage parlors and karaoke bars;

- Casinos; prize-winning video games, including jackpot and slot games and games on similar machines;

- Betting;

- Golf business, including the sale of membership cards and golf playing tickets;

- Lottery business.

What is the deadline for paying the excise tax on domestically produced or assembled automobiles for the tax period of August 2024 in Vietnam? (Image from the Internet)

What is the deadline for paying the excise tax on domestically produced or assembled automobiles for the tax period of August 2024 in Vietnam?

Article 3 of Decree 65/2024/ND-CP stipulates the extension of the tax payment deadline:

Extension of tax payment deadline

1. Extending the tax payment deadline for the excise tax payable arising from the tax periods of May, June, July, August, and September 2024 for domestically produced or assembled automobiles. The extension period is from the end of the tax payment deadline as stipulated by the law on tax management until the end of November 20, 2024. Specifically:

a) The deadline for paying the excise tax payable arising from the tax period of May 2024 is no later than November 20, 2024.

b) The deadline for paying the excise tax payable arising from the tax period of June 2024 is no later than November 20, 2024.

c) The deadline for paying the excise tax payable arising from the tax period of July 2024 is no later than November 20, 2024.

d) The deadline for paying the excise tax payable arising from the tax period of August 2024 is no later than November 20, 2024.

dd) The deadline for paying the excise tax payable arising from the tax period of September 2024 is no later than November 20, 2024.

2. Regulations for certain cases:

a) In cases where taxpayers supplement their tax declaration dossiers of the tax periods extended, leading to an increase in the amount of excise tax payable, and submit them to the tax authorities before the extended tax payment deadline, the extended tax amount includes the additional tax due to the supplementary declaration.

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Thus, the deadline for paying the excise tax on domestically produced or assembled automobiles for the tax period of August 2024 in Vietnam is no later than November 20, 2024.

Which types of vehicles do not apply excise tax in Vietnam?

Article 3 of the Law on Excise Tax 2008 as amended by Clause 2, Article 1 of the Law on Excise Tax 2014 stipulates the non-taxable objects as follows:

Non-taxable objects

Goods specified in Clause 1, Article 2 of this Law are not subject to excise tax in the following cases:

1. Goods which are directly exported by producers or processors, or which are sold or entrusted by these producers or processors to other business establishments for export;

2. Imported goods, including:

a/ Goods as humanitarian aid or non-refundable aid; gifts for state agencies, political organizations, socio-political organizations, socio-political-professional organizations, social organizations, socio-profcssional organizations or people’s armed forces units; and donations or gifts for individuals in Vietnam within the quotas prescribed by the Government;

b/ Goods transited or transported via Vietnamese border gates or borders, and goods transported to and from border gates under the Government’s regulations;

c/ Goods temporarily imported for re-export and temporarily exported for re-import which are not subject to import duty or export duty within the time limit specified in the law on import duty and export duty;

d/ Personal effects of foreign organizations and individuals within diplomatic immunity quotas; personal belongings within duty-free luggage quotas; and goods imported for duty-free sale under law;

3. Aircraft, yachts used for transport of goods, passengers, tourists, and aircraft used for national defense and security purposes;

4. Ambulances; prison vans; hearses; automobiles designed with both seats and standing places for transporting 24 or more people; automobiles running in recreation, entertainment and spoils areas which neither are registered for circulation nor move on roads;

5. Goods imported from abroad into non-tariff areas, goods sold from the inland into non-tariff areas for use only in non-tariff areas, and goods traded between non-tariff areas, except under-24 seat automobiles .

Thus, the types of vehicles not applying excise tax include:

- Ambulances

- Prison vans

- Hearses

- automobiles designed with both seats and standing places for transporting 24 or more people

- automobiles running in recreation, entertainment and spoils areas which neither are registered for circulation nor move on roads