Guidance on Applying Import Tax for Used Cars

16:57, 11/07/2024

From September 1, 2016, import tax (NK) on used cars is guided by the Annex attached to Decree 122/2016/ND-CP. Accordingly:

- Passenger cars with ≤ 09 seats, cylinder capacity <1.500cc under heading 87.03 and passenger cars with 10-15 seats under heading 87.02: Apply the specific tax rate stipulated in Appendix III;- Passenger cars with ≤ 09 seats, cylinder capacity ≥ 1.500cc under heading 87.03: Apply the mixed tax rate stipulated in Appendix III;- Passenger cars with ≥ 16 seats, under heading 87.02 and cargo trucks with a total payload not exceeding 05 tons under heading 87.04 (excluding refrigerated trucks, waste collection trucks with compaction parts, tanker trucks, armored trucks for transporting valuable goods, concrete mixer trucks, tipper trucks): Apply an import duty rate of 150%;- Other cars under headings 87.02, 87.03, 87.04: Apply a tax rate of 1.5 times the preferential import duty rate for new cars of the same type under the headings stipulated in Section I of Appendix II.

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