Law Amendments To Some Articles Of The Law On Special Excise Duty 2014

Law Amendments To Some Articles Of The Law On Special Excise Duty 2014

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THE NATIONAL ASSEMBLY
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SOCIALIST REPUBLIC OF VIETNAM
Independence – Freedom – Happiness
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Law No. 70/2014/QH13

Hanoi, November 26, 2014

LAW AMENDMENTS TO SOME ARTICLES OF THE LAW ON SPECIAL EXCISE DUTY

Pursuant to Constitution of Socialist Republic of Vietnam;

The National Assembly promulgates the Law on amendments to some Articles of the Law on special excise duty No. 27/2008/QH12.

Article 1.

Amendments to some Articles of the Law on special excise duty.

  1. Point g Clause 1 Article 2 is amended as follows:

“g) Gasoline;”

  1. Clause 3 Article 3 is amended as follows:

“3. Aircraft, yachts used for transport of goods, passengers, tourists, and aircraft used for national defense and security purposes;”

  1. The first paragraph of Article 6 is amended is amended as follows:

“Taxable prices of goods/services are selling prices of goods services exclusive of special excise tax, environmental protection tax, and VAT, and are prescribed as follows:”

  1. Article 7 is amended as follows:

“Article 7. Tax rate

Rates of special excise tax on goods and services are specified below:

SPECIAL EXCISE TAX

No.Goods/servicesTax rates (%)
IGoods
1Cigarettes, cigars, and other products derived from tobacco plants
From January 01, 2016 until the end of December 31, 201870
From January 01, 201975
2Alcohol
a) Alcohol with ABV ≥ 20o
From January 01, 2016 until the end of December 31, 201655
From January 01, 2017 until the end of December 31, 201760
From January 01, 201865
b) Alcohol with ABV < 20o
From January 01, 2016 until the end of December 31, 201730
From January 01, 201835
3Beer
From January 01, 2016 until the end of December 31, 201655
From January 01, 2017 until the end of December 31, 201760
From January 01, 201865
4Cars having fewer than 24 seats
a) Passenger cars having 9 seats or fewer, except for those in Points 4dd, 4e, and 4g in this Table
Of a cylinder capacity not exceeding 2,000 cm345
Of a cylinder capacity exceeding 2,000 cm3 but not exceeding 3,000 cm350
Of a cylinder capacity exceeding 3,000 cm360
b) Passenger cars having 10 – 15 seats , except for those in Points 4dd, 4e, and 4g in this Table30
c) Passenger cars having 16 – 23 seats , except for those in Points 4dd, 4e, and 4g in this Table15
d) Cars used for both passenger and cargo transport, except for those in Points 4dd, 4e, and 4g in this Table15
dd) Car running on both gasoline and electricity or bioenergy, the proportion of gasoline does not exceed 70% of total energy used.70% of tax rates applied to the same types of cars in Points 4a, 4b, 4, and 4d in this Table
e) Cars running on bioenergy50% of tax rates applied to the same types of cars in Points 4a, 4b, 4c, and 4d in this Table
g) Cars running on electricity
Passenger cars having 9 seats or fewer25
Passenger cars having 10 – 15 seats15
Passenger cars having 16 – 23 seats10
Cars for transport of both people and goods10
5Motorcycles, motor tricycles of a cylinder capacity exceeding 125 cm320
6Aircraft30
7yacht30
8Gasoline
a) Gasoline10
b) E5 gasoline8
c) E10 gasoline7
9Air conditioners not exceeding 90,000 BTU10
10Playing cards40
11Votive papers70
IIServices 
1Dancing club business40
2Massage, karaoke business30
3Casino business, electronic casino game business35
4Betting business30
5Golf course business20
6Lottery business15

Article 2.

This Law takes effect on January 01, 2016.

This Law is passed by the 13th  National Assembly of Socialist Republic of Vietnam on November 26, 2014 during the 8thsession.

PRESIDENT OF THE NATIONAL ASSEMBLY

Nguyen Sinh Hung

 

 

 

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