Gov't to increase import tax for used cars

Monday, May 06, 2013 13:46

New import tax rate will be increased for used cars. Photo autonet.com.vn

HA NOI – The Government will increase the import tax rate for used cars of nine seats or more from June 20 this year, according to the Prime Minister's Decision 24/2013/QD-TTg.

Cars under 1,000cc will be taxed at US$5,000, while cars from 1,000cc to 1,500cc will be subject to a tax rate of $10,000.

The current tax rates are $4,200 and $9,600 respectively. -- VNS

 


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