The Government of Vietnam: Deadline for excise tax payments on cars extended in 2024

The Government of Vietnam: Deadline for excise tax payments on cars extended in 2024

The deadline for the payment of the excise tax arising from the tax calculation periods of May, June, July, August, and September 2024 for automobiles manufactured or assembled domestically is extended. The extension period is from the end of the excise tax payment deadline as stipulated by tax management laws until November 20, 2024. To be specific:

- The deadline for the payment of the excise tax arising from the tax calculation period of May 2024 is no later than November 20, 2024.

- The deadline for the payment of the excise tax arising from the tax calculation period of June 2024 is no later than November 20, 2024.

- The deadline for the payment of the excise tax arising from the tax calculation period of July 2024 is no later than November 20, 2024.

- The deadline for the payment of the excise tax arising from the tax calculation period of August 2024 is no later than November 20, 2024.

- The deadline for the payment of the excise tax arising from the tax calculation period of September 2024 is no later than November 20, 2024.

Note: Regulations for specific cases:

- In case the taxpayer submits supplementary tax returns for the extended tax calculation period, resulting in an increase in the amount of excise tax payable, and sends it to the tax authority before the extended tax payment deadline, the extended tax amount includes the additionally increased tax due to supplementary declaration.

- In case the taxpayer entitled to the extension performs the declaration and payment of the excise tax return in accordance with current legal regulations, the payable excise tax amount declared on the excise tax return is not required to be paid during the extended period.

- In case the enterprise has branches or affiliated units that separately declare excise tax with the tax authority that directly manages the branch or affiliated unit, these branches or affiliated units are also subject to the extended excise tax payment. If the branches or affiliated units of the enterprise do not engage in the manufacturing or assembling of automobiles, they are not subject to the extended excise tax payment.

For detailed content, refer to Decree 65/2024/ND-CP effective from June 17, 2024, to December 31, 2024.

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