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blue-check Environmental protection tax on petro, oil shall be reduced more by 50% from July 11th, 2022

Resolution No. 20/2022/UBTVQH15 dated July 6th, 2022 of the Standing Committee of the National Assembly on Environmental on environmental protection tax on petro, oil, grease.
Posted: 11/7/2022 3:24:35 PM | Latest updated: 27/7/2022 6:07:18 PM (GMT+7) | LuatVietnam: 5492 | Vietlaw: 568
VietlawOnline

Environmental protection tax on petro and oil from July 11th, 2022 shall be reduced more by 50% in comparison with the currently- applied rates under Resolution No. 18/2022/UBTVQH15. To be specific:

- Gasoline shall be reduced from 2,000 VND/liter to 1,000 VND/liter

- Jet fuel shall be reduced from 1,500 VND/liter to 1,000 VND/liter

- Diesel oil shall be reduced from 1,000 VND/liter to 500 VND/liter

- Other products shall be from 1,000 VND/liter to 300 VND/liter

From January 1st, 2023, environmental protection tax on petro, oil shall be applied according to the rates regulated at Section I clause 1 Article 1 of Resolution No. 579/2018/UBTVQH14status2

This Resolution takes effect from July 11th, 2022. To replace Resolution No. 18/2022/UBTVQH15 dated March 23rd, 2022 and Resolution No. 13/2021/UBTVQH15 dated December 31st, 2021.

Ms Phuong Thao (VietlawOnline.com)
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Information

Effective Date 11-Jul-2022
ExpiredDate 1-Jan-2023
Published Vietlaw's Newsletter No. 568

Files attachment

enflag pdficon NQ20-06072022QH15[VLO].pdf

Timeline

Petrol

blue-check From August 8th, 2022: Preferential import tariff rate applicable to unleaded motor spirit shall be reduced to 10%
blue-check Environmental protection tax on petro, oil shall be reduced more by 50% from July 11th, 2022
blue-check Regarding ensuring petrol and oil supply for domestic market
blue-check Regarding environment protection tax on base oil imported to process lubricant
blue-check Guidelines for calculating base price of petrol and oil products
blue-check Amendments to regulations on petrol and oil trading
blue-check Amendments to regulations on petrol and oil trading
blue-check Selling price of RON 92 gasoline from national reserves
blue-check Regarding application of regulations on reduction of environmental tax on jet fuel
blue-check Environmental protection tax on jet fuel imported from August 1st, 2020 to December 31st, 2020 shall be reduced
blue-check National technical regulation on design requirements for petrol filling stations
blue-check National Technical Regulation on design requirements for petrol filling stations
blue-check “White oil” shall be exempt from environment protection tax
blue-check Regarding environmental protection tax on base oil
blue-check Regarding the business of temporary import, re-export of petrol and oil
blue-check Naptha shall be exempt from environmental protection tax
blue-check National technical regulation on lubricating oils for internal combustion engines (Amendment 1:2018)
red-check Promulgation of National technical regulation on lubricating oils for internal combustion engines
blue-check National technical regulation on lubricating oils for internal combustion engines
blue-check Regarding environment protection tax on imported white oil