Wednesday, August 3, 2022 19:10
The Ministry of Finance mentioned that this company has reported to the Prime Minister to request a coverage on a plan to additional scale back value-added tax and particular consumption for gasoline.
Just lately, based on info from On-line Information, VTC Information, on August 3, the Ministry of Finance has written info on additional discount of tax on gasoline. The company emphasised that within the context that the world petroleum market continues to be sophisticated, and crude oil costs are nonetheless excessive, the ministry has urgently studied and submitted to the competent authorities for promulgation a variety of tax insurance policies to contribute to stabilizing gasoline costs, curbing inflation.
Relating to the coverage of value-added tax and particular consumption tax, the Ministry of Finance mentioned that on July 28, it had reported to the Prime Minister to ask for a coverage on the value-added tax and particular consumption tax plan for gasoline. oil.
After receiving the Prime Minister’s course, the Ministry of Finance will assume the prime duty for, and coordinate with related ministries and branches in, creating paperwork in accordance with the order and procedures specified within the Legislation on Promulgation of Paperwork. authorized”the textual content of the Ministry clearly acknowledged.
Relating to the environmental safety tax, the administration company mentioned that this tax has been adjusted all the way down to the ground degree within the tax bracket specified within the Legislation on Environmental Safety Tax till the tip of December 31 (the decision takes impact from 11/7).
Accordingly, the tax fee for gasoline merchandise is lowered from 2,000 VND/liter to the ground degree of 1,000 VND/liter; diesel, mazut, grease… decreased from 1,000 VND/liter to the ground 300-500 VND/liter and kerosene remained at 300 VND/liter.
Beforehand, on July 6, the Ministry of Finance reported to the Authorities to undergo the Nationwide Meeting Standing Committee to problem a Decision to cut back the environmental safety tax fee for gasoline, oil and grease to the ground degree.
On July 19, on the premise of opinions of ministries, branches and localities, the Ministry of Finance submitted the Report No. 166/TTr-BTC to the Authorities on the draft Decree on discount of preferential import tax charges (taxes). fee of MFN) for motor gasoline, unleaded of heading 27.10 from 20% to 10%.
On July 25, Deputy Prime Minister Le Minh Khai assigned the Ministry of Finance to urgently research and suggest to cut back taxes and costs associated to gasoline and report earlier than July 30.