Increase import tax on used cars

From June 20, 2013, the import tax rate for used passenger cars with 9 seats or less (including the driver) and a cylinder capacity of less than 1,500cc will be adjusted higher than current regulations.

Illustration photo (source tapchitaichinh.vn)

This is the content of the Decision.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 promulgating import tax rates for used passenger cars with 15 seats or less.

Specifically, passenger cars with 9 seats or less (including the driver) and a cylinder capacity of less than 1,000cc have an import tax of 5,000 USD/car.

Passenger cars with 9 seats or less (including driver) and a cylinder capacity from 1,000cc to under 1,500cc have an import tax rate of 10,000 USD/car.

Previously, in Circular No. 28/2013/TT-BTC effective from April 29, 2013, adjusting the import tax rate on used passenger cars stipulated in Clause 1, Article 1 of Decision No.36/2011/QD-TTgdated June 29, 2011 of the Prime Minister, vehicles with cylinder capacity under 1,000cc have an import tax rate of 4,200 USD/vehicle instead of 3,500 USD/vehicle stipulated in Decision No.36/2011/QD-TTg; cylinder capacity from 1,000cc to under 1,500cc has import tax rate of 9,600 USD/unit instead of 8,000 USD/unit.

According to (Chinhphu.vn) - LT