Based on the direction of the Ministry of Industry and Trade - Ministry of Finance, petroleum businesses will simultaneously adjust petroleum prices from 3:00 p.m. today (July 17).
In today's operating session, gasoline prices were adjusted down.
Specifically, compared to the previous adjustment period, the price of RON 95 gasoline (the popular type on the market) today was adjusted down by 170 VND/liter, the retail price is 19,920 VND/liter.
Similarly, the price of E5 RON 92 gasoline decreased by 170 VND/liter, the retail price was at 19,480 VND/liter.
Diesel price decreased by 40 VND/liter, retail price at 18,790 VND/liter.
Previously, in the operating period on July 10, gasoline prices were adjusted up. Accordingly, gasoline prices increased from 190-210 VND/liter. Diesel prices increased by 430 VND/liter.
Accordingly, the environmental protection tax on gasoline, excluding ethanol, is expected to be VND2,000/liter; diesel, fuel oil and lubricants VND1,000/liter; grease VND1,000/kg; kerosene VND600/liter.
In particular, it is proposed to apply a tax rate of 2,000 VND/liter for jet fuel, instead of the current preferential rate of 1,000 VND/liter.
From 2027, environmental protection tax is expected to return to the ceiling level, according to regulations: gasoline (except ethanol) is 4,000 VND/liter; jet fuel is 3,000 VND/liter; diesel, fuel oil, lubricants are 2,000 VND/liter; kerosene is 1,000 VND/liter; grease is 2,000 VND/kg.
The policy of reducing environmental protection tax on gasoline will be applied from April 2022.
According to the Ministry of Finance , maintaining the tax reduction policy in recent years has helped stabilize gasoline prices, limiting the negative impact of world price movements. This year, the tax reduction also contributes to reducing tax costs in the retail structure, thereby reducing gasoline prices.
Source: https://baolaocai.vn/gia-xang-dau-dong-loat-giam-ron-95-roi-moc-20000-donglit-post648997.html
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