The National Assembly Standing Committee promulgates the Resolution No. 18/2022/UBTVQH15 on the environmental protection tax rates imposed on petrol, oil and grease on March 23, 2022.
According to this Resolution, reduce the environmental protection tax rates imposed on petrol (except for ethanol), diesel oil, fuel oil, lubricant oil and grease by 50% from April 01, 2022 until the end of December 31, 2022. Reduce the environmental protection tax rate imposed on kerosene by 70% from April 01, 2022 to the end of December 31, 2022.
Specifically, the environmental protection tax rates shall be VND 2,000/liter for petrol, except for ethanol; VND 1,000/liter for diesel oil, fuel oil, lubricant oil; VND 1,000/kg for grease; and VND 300/liter for kerosene.
From January 01, 2023, the environmental protection tax rates imposed on petrol, oil and grease shall comply with Section I, Clause 1, Article 1 of the Resolution No. 579/2018/UBTVQH14 dated September 26, 2018.
The Resolution takes effect on April 01, 2022.