Nội dung toàn văn Official Dispatch No. 195 TCT/DNNN on special consumption tax (SCT) rates applic
THE GENERAL DEPARTMENT OF TAXATION | SOCIALIST REPUBLIC OF VIET NAM |
No. 195 TCT/DNNN | Hanoi, January 17, 2005 |
OFFICIAL LETTER
ON SPECIAL CONSUMPTION TAX (SCT) RATES APPLICABLE TO CARS
To: Provincial/municipal Tax Departments
Pursuant to the provisions of Point 8, Article 1 of the Law Amending and Supplementing a Number of Articles of the SCT Law No. 08/2003/QH11 of June 17, 2003; the provisions of Point 2, Article 16, Chapter IV of the Government’s Decree No. 149/2003/ND-CP of December 4, 2003, detailing the implementation of the SCT Law and the Law Amending and Supplementing a Number of Articles of the SCT Law,
The Ministry of Finance issued on December 12, 2003 Circular No. 119/2003/TT-BTC guiding the application of the Government’s Decree No. 149/2003/ND-CP of which Point 1.b, Section Đ on the reduction of the SCT applicable to the automobile manufacture and assembly specifies the SCT rates applicable to automobiles domestically manufactured or assembled from January 1, 2005, to December 31, 2005, as follows:
- For cars of 5 seats or under: the SCT rate of 40% shall apply
- For cars of between 6 and 15 seats: the SCT rate of 25% shall apply
- For cars of between 16 and under 24 seats: the SCT rate of 12.5% shall apply.
The General Department of Taxation hereby notifies provincial/municipal Tax Department thereof as instruction for compliance.
| Nguyen Thi Cuc |
