Environmental protection tax on gasoline and oil in Vietnam to decreased from July 11, 2022

Nguyen Nhu Mai

10:37, 11/07/2022

Official Telegram 12/CD-TCT on July 8, 2022 stipulates environmental protection tax rates for gasoline and oil , grease according to Resolution 20/2022/UBTVQH15 issued by the General Department of Electricity Tax of Vietnam.

Specifically, the environmental protection tax rate for gasoline, oil, and grease in Vietnam from July 11, 2022 to December 31, 2022 is applied as follows:

- Gasoline, except ethanol: 1,000 VND/liter;

- Flight fuel: 1,000 VND/liter;

- Diesel oil: 500 VND/liter;

- Kerosene: 300 VND/liter;

- Fuel oil: 300 VND/liter;

- Lubricants: 300 VND/liter;

- Grease: 300 VND/kg.

The environmental protection tax rate for gasoline, oil, and grease in Vietnam from January 1, 2023 shall follow the regulations in Section I, Clause 1, Article 1 of Resolution 579/2018/UBTVQH14 dated September 26, 2018.

At the same time, the environmental protection tax rate for gasoline, oil, and grease in Vietnam specified in Section I, Clause 1, Article 1 of Resolution 579/2018/UBTVQH14 will not be applied from July 11, 2022 to the end of December 31, 2022.

See Official Dispatch 12/CD-TCT dated July 8, 2022 in Vietnam for more information.

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