Increase by 20% to import tax for used cars of 9 seats or less
On March 15, 2012, the Ministry of Finance issued the Circular No. 28/2013/TT-BTC amending import and export taxes for used cars prescribed in clause 1, Article 1 of the Decision No. 36/2011/QD-TTg dated June 29, 2011, of the Prime Minister.
Accordingly, the Ministry of Finance increases 20% to import tax for used cars of 9 seats or less with a cylinder capacity of under 1,500 cc (Preferential Import Tariff headings 8703), in particular: import tax for used cars of 09 seats or less with a cylinder capacity of under 1,000 cc is USD 4,200/car; with a cylinder capacity from 1,000 cc to 1,500 is USD 9,600/car.
Other import taxes for used cars shall be still the same with the previous regulations, within that, import tax for used cars of 10 - 15 seats with a cylinder capacity of under 2,000 cc is USD 9,500/car; from 2,000 cc – 3,000 is USD 13,000/car; above 3,000 cc is USD 17,000/car and so on.
This Circular takes effect on April 29, 2013.
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