Increase import tax on used cars.
From June 20, 2013, the import tax rate for used passenger cars with 9 seats or fewer (including the driver) and engine capacity under 1,500cc will be adjusted upwards compared to the current regulations.
From June 20, 2013, the import tax rate for used passenger cars with 9 seats or fewer (including the driver) and engine capacity under 1,500cc will be adjusted upwards compared to the current regulations.
(Image for illustration purposes only, source: tapchitaichinh.vn)
This is the content of the Decision.Decision No. 24/2013/QD-TTgof the Prime Minister amending and supplementing Clause 1, Article 1 of Decision No. 36/2011/QD-TTg dated June 29, 2011, on the promulgation of import tax rates for used passenger cars with 15 seats or less.
Specifically, passenger cars with 9 seats or fewer (including the driver) and an engine capacity under 1,000cc are subject to an import tax of 5,000 USD per vehicle.
Passenger cars with 9 seats or fewer (including the driver) and engine capacity from 1,000cc to under 1,500cc are subject to an import tax of USD 10,000 per unit.
Previously, Circular No. 28/2013/TT-BTC, effective from April 29, 2013, adjusted the import tax rate for used passenger cars as stipulated in Clause 1, Article 1 of Decision No.Decision No. 36/2011/QD-TTgAccording to the Prime Minister's Decision dated June 29, 2011, vehicles with engine capacity under 1,000cc have an import tax rate of USD 4,200/unit instead of the USD 3,500/unit stipulated in Decision No.Decision No. 36/2011/QD-TTgFor vehicles with a cylinder capacity from 1,000cc to under 1,500cc, the import tax rate is 9,600 USD/unit instead of 8,000 USD/unit.
According to (Chinhphu.vn) - LT