INCREASE THE IMPORT DUTY RATE FOR USED CAR FROM 09 SEATS OR LESS
On May 03, 2013, the Prime Minister signed the Decision No. 24/2013/QD-TTg amending and supplementing clause 1, Article 1 of the Decision No. 36/2011/QD-TTg dated June 29, 2011 of the Prime Minister on issuing import duty rate for used cars from 15 seats or less.
Previously, the Circular No. 28/2013/TT-BTC dated March 15, 2013, takes effect on April 29/04/2013, the Ministry of Finance decided the adjustment for import duty rate for used cars from 09 seats or less, Under 1,000 cc is USD 4,200/car; Between 1,000 cc and under 1,500 cc is USD 9,600/car (instead of USD 3,500/car and USD 8,000/car in accordance with the regulations in the Decision No. 36/2011/QD-TTg).
Also at this document, the Prime Minister continues to strengthen the import duty rate for two type of used cars from 09 seats or less, applicable to the cylinder volume of less than 1,000cc and between 1,000cc and 1,500cc are in turn USD 5,000/car and USD 10,000/car.
This Decision takes effect on June 20, 2013.
