Promulgating a new Decree on export tax and preferential import tax

DNHN - Government issues Decree No. 26/2023/ND-CP Export Tariff, Preferential Import Tariff, List of Goods and Absolute Tax Rates, Mixed Taxes, and Out-of-Quota Import Taxes.

Therefore, mechanical processing machines of groups 84.54 to 84.63 are subject to the following preferential import tax rates:

Products of mechanical processing machines that have not yet been manufactured domestically are eligible for the 0% preferential import tax rate. The mechanical processing machines mentioned in this Clause are not on the Ministry of Planning and Investment's list of domestically manufactured machinery and equipment.

The preferential import tax rates of groups from 84.54 to 84.63 specified in Section I, Appendix II of the Preferential Import Tariff apply to goods of mechanical processing machines other than those specified in Clause 1 of this Article, according to the List of taxable goods promulgated with this Decree.

The Decree specifies that used passenger cars with nine seats or fewer and a cylinder capacity of fewer than one thousand ccs that belong to commodity group 87.03 are subject to the tax rate specified in Appendix III of the Decree. This.

Used passenger automobiles with nine seats or fewer and a cylinder capacity of more than one thousand ccs in commodity group 87.03 and ten to fifteen seats in commodity group 87.02 are subject to the mixed tax rate specified in Appendix III. promulgated in conjunction with this Decree.

Used passenger cars with 16 seats or more of goods group 87.02 and used motor vehicles used for transporting goods with a total design weight not exceeding 05 tonnes, belonging to commodity group 87.04 (excluding refrigerated trucks, waste-collecting cars with waste compactors, tank trucks, armored cars for transporting valuable goods; tank-type cement trucks and mud trucks with liftable bulk boxes) are subject to a preferential import tax rate of 150%.

Other types of used automobiles in commodity groups 87.02, 87.03, and 87.04 are subject to a tax rate equal to 1.5 times the preferential import tax rate applicable to unused automobiles of the same type. the identical group of goods specified in Section I, Appendix II of this Decree.

Nhan Ha