Gasoline is still subject to special consumption tax.

On the morning of June 14, continuing the working program of the 9th session, the National Assembly voted to pass the Law on Special Consumption Tax (TTDB - amended) with 448/454 deputies present in favor, accounting for 93.72% of the total number of deputies.

Chairman of the Economic and Financial Committee Phan Van Mai reports before the National Assembly votes to pass the draft law.

Previously, in the report explaining, accepting and revising the draft Law on Special Consumption Tax (amended), Chairman of the Economic and Financial Committee Phan Van Mai said that, accepting the opinions of National Assembly deputies, the National Assembly Standing Committee agreed with the proposal of the drafting agency to stipulate that air conditioners with a capacity of over 24,000 BTU to 90,000 BTU are subject to tax (no tax is collected for air conditioners with a capacity of 24,000 BTU or less and those with a capacity of over 90,000 BTU).

Regarding the scope of taxable sugary soft drinks and additional taxable subjects, according to the provisions of the draft law, taxable sugary soft drinks are products within the concept of soft drinks according to Vietnamese Standards with a sugar content of over 5g/100ml, excluding beverages such as milk and dairy products; liquid foods used for nutritional purposes; natural mineral water and bottled water; pure vegetable and fruit juices and nectars (molasses) of vegetables, fruits and cocoa products. Accordingly, products such as natural fruit juices, coconut water, dairy products, liquid foods used for nutritional purposes... are not subject to special consumption tax.

There are still many different opinions on the addition of other sugary products and there is not enough impact assessment to serve as a basis and clearly demonstrate the superiority, feasibility and appropriateness of taxing these goods and services in the current context. These contents will continue to be carefully studied and evaluated, taking into account the goal of recovering production and business of enterprises and reporting to the National Assembly at the appropriate time.

Regarding the collection of special consumption tax on gasoline, although it is recognized that in the long term, it is necessary to study a plan to synchronously amend both special consumption tax and environmental protection tax to be able to tax this item reasonably and in accordance with international practices, the collection of special consumption tax on gasoline in the current period is still necessary.

Regarding non-taxable objects, the draft law adds airplanes, helicopters, and gliders used for ambulance, rescue, disaster relief, and agricultural production purposes.

MR. PHUONG

Source: https://www.sggp.org.vn/xang-van-phai-chiu-thue-tieu-thu-dac-biet-post799417.html