Decision No. 05/2007/QD-BTC amends the absolute import tax rate for used passenger cars with a capacity of up to 15 people, applicable to import declarations filed after 15 days from the date of publication. The new tax rate is specified according to the engine displacement of the vehicle.
Scope of application
Import enterprises and customs
Key points
- Vehicles carrying not more than 5 people: from 6,300 USD to 26,250 USD depending on engine displacement
- Vehicles carrying from 6 to 9 people: from 7,650 USD to 11,200 USD depending on engine displacement
- Vehicles carrying from 10 to 15 people: from 6,800 USD to 9,600 USD depending on engine displacement
🌐 Social impact of this document
- Positive impact: Import enterprises of used passenger cars may reduce tax costs, enhancing competitiveness.
- Negative impact: Consumers purchasing used passenger cars may have to pay additional taxes.
❓ Frequently asked questions
When does the new tax rate take effect?
The new tax rate takes effect 15 days from the date of publication in the Official Gazette.
How many passengers are vehicles regulated by this decision?
This decision applies only to passenger cars carrying up to 15 people, including the driver.
What is the new absolute tax rate?
The new absolute tax rate is specified according to the engine displacement of the vehicle: from 6,300 USD to 26,250 USD for vehicles carrying not more than 5 people, from 7,650 USD to 11,200 USD for vehicles carrying from 6 to 9 people, and from 6,800 USD to 9,600 USD for vehicles carrying from 10 to 15 people.
To which type of vehicles does this decision apply?
This decision applies only to used passenger cars carrying up to 15 people, including the driver.
Are there any changes to the absolute tax rates?
This decision only amends the absolute import tax rate for vehicles carrying up to 15 people. Other absolute import tax rates remain in effect as per Decision No. 69/2006/QD-TTg dated March 28, 2006, issued by the Prime Minister.
Full text
Pursuant to …;
Regarding the amendment of the absolute import tax rate for used motor vehicles imported
đã qua sử dụng nhập khẩu
__________________
THE MINISTER OF FINANCE
Pursuant to the Law on Export Tax and Import Tax No. 45/2005/QH11 dated June 14, 2005;
Pursuant to the Government Decree No. 77/2003/NĐ-CP dated July 1, 2003 stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;
Pursuant to the Government Decree No. 149/2005/NĐ-CP dated December 8, 2005 detailing the implementation of the Law on Export Tax and Import Tax;
Pursuant to the Government Decree No. 12/2006/NĐ-CP dated January 23, 2006 detailing the implementation of the Law on Trade regarding international trade activities and agency buying, selling, processing, and transiting goods with foreign countries;
Pursuant to Article 2 of Decision No. 69/2006/QĐ-TTg dated March 28, 2006 of the Prime Minister stipulating the authority to adjust the absolute tax rate.
At the proposal of the Director General of the General Department of Customs,
DECISION:
Article 1. Amend the absolute import tax rate applicable to used passenger cars carrying up to 15 people, including the driver, as specified in Decision No. 69/2006/QĐ-TTg dated March 28, 2006 of the Prime Minister, to a new absolute import tax rate, specifically as follows:
|
DESCRIPTION OF GOODS |
Belonging to tariff number in the Preferential Import Tariff Schedule |
Unit of Measurement |
Tax Rate (USD) |
|
(1) |
(2) |
(3) |
(4) |
|
1. Passenger cars carrying not more than 5 people, including the driver, with engine displacement: |
|||
|
- From 1,000cc to under 1,500cc |
8703 |
Pieces |
6.300,00 |
|
- From 1,500 cc to 2,000 cc |
8703 |
Pieces |
8.500,00 |
|
- Over 2,000 cc to under 2,500 cc |
8703 |
Pieces |
12.000,00 |
|
- From 2,500 cc to 3,000 cc |
8703 |
Pieces |
15.000,00 |
|
- Over 5,000 cc |
8703 |
Pieces |
26.250,00 |
|
2. Passenger cars carrying from 6 to 9 people, including the driver, with engine displacement: |
|||
|
- Up to 2,000 cc |
8703 |
Pieces |
7.650,00 |
|
- Over 2,000 cc to 3,000 cc |
8703 |
Pieces |
11.200,00 |
|
3. Passenger cars carrying from 10 to 15 people, including the driver, with engine displacement: |
|||
|
- Up to 2,000 cc |
8702 |
Pieces |
6.800,00 |
|
- Over 2,000 cc to 3,000 cc |
8702 |
Pieces |
9.600,00 |
Article 2. This Decision shall take effect and be applied to customs declarations for imported goods registered with customs authorities 15 days from the date of publication in the Official Gazette. The absolute import tax rates not amended in this Decision shall continue to be implemented according to Decision No. 69/2006/QĐ-TTg dated March 28, 2006 of the Prime Minister.
DEPUTY MINISTER
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