Many controversies surround the draft revised Law on Special Consumption Tax

Friday, Aug 09, 2024

A workshop to collect expert opinions for the draft of the amended Special Consumption Tax Law and the beverage industry has been held Hà Nội.

Amended draft law on SCT may hinder development of local automobile industry: VCCI

Friday, Aug 02, 2024

The Vietnam Federation of Commerce and Industry (VCCI) has raised several concerns about the amended Draft Law on Special Consumption Tax (SCT).

Auto importers petition Government to hold taxes steady

Thursday, Apr 28, 2016

Auto importers in Viet Nam petitioned Prime Minister Nguyen Xuan Phuc and relevant sectors to consider problems related to some revised articles and supplements in the Law on Special Consumption Tax, which will become effective on July 1.

Viet Nam Beer and Alcoholic Beverages Ass'n requests that consumption tax not to be increased

Monday, Dec 28, 2015

The Viet Nam Beer and Alcoholic Beverages Association (VBA) has recently sent official documents to authorities, petitioning on new Decree 108/2015/ND-CP, which guides articles of the Law on Special Consumption Tax (SCT) issued in 2008 and the amended Special Consumption Tax Law issued in...

Experts urge gradual consumption tax hike

Tuesday, Oct 14, 2014

Viet Nam should increase special consumption taxes on goods like liquor and tobacco in "reasonable" increments over several years so as to discourage smuggling and other forms of illicit trade, experts have said.

Draft law proposes new fat tax on carbonated soft drinks

Friday, Feb 28, 2014

A special consumption tax of 10 per cent is likely to be imposed on carbonated soft drinks due to their potential health risks.