The Deputy Finance Minister Do Hoang Anh Tuan has issued the Decision No 23/2008/QĐ-BTC of May 8, 2008, regulating specific import tax rates for imported used cars. Accrodingly, as from May 13m 2008, imported secondhand cars will be burdened specific tax with increasing level of $3000 – 3,500 per unit
The Deputy Finance Minister Do Hoang Anh Tuan has issued the Decision No 23/2008/QĐ-BTC of
Accrodingly, as from May 13m 2008, imported secondhand cars will be burdened specific tax with increasing level of $3000 – 3,500 per unit
Specifically, imported secondhand car for transport of not more than 5 persons of a cylinder capability of under 1,000 cc will have tax rate of 3,500 USD; between 1000 cc and under 1,500 cc: 8000 USD; between 1,500 and 2,000 cc: 12,000 USD; between above 2,000 cc and under 2,500 cc: 17,000 USD; between 2,500 cc and 3,000 cc: 18,000 USD; between 3,000 cc and 4,000 cc: 20,000 USD; above 5000 cc: 30,000 USD.
Cars for transport of between 6 and 9 persons of a cylinder capacity of 2,000 cc or less will have tax rate of 10,800 USD; between above 2,000 and 3,000 cc: 16,000 USD; between above 3,000 and 4,000 cc: 19,000 USD; above 4,000 cc: 24,000 USD.
Cars for transport of between 10 and 15 persons, of cylinder capacity of 2,000 cc or less will have tax rate of 9,500 USD; between above 2,000 and 3,000 cc: 13,000 USD; above 3000 cc: 17,000 USD.
This decision replaces the Finance Minister’s Decision No 14/2008/QĐ-BTC of
(Source: MoF)
