Từ khóa: #environmental protection tax

MFN tariffs on gasoline products lowered by 10 percent

MFN tariffs on gasoline products lowered by 10 percent

The Government has recently issued Decree No.51/2022/ND-CP amending the most-favored-nation (MFN) tariffs for gasoline products in group 27.10 in the MFN tariff according to the list of taxable products.
Taxes, fees on petrol products need reconsideration

Taxes, fees on petrol products need reconsideration

The price of E5 RON92 gasoline rose to VND31,117 per liter, an increase of VND882 per liter, and the new retail price of RON95-III gasoline was VND32,375 per liter, an increase of VND797 per liter on the afternoon of June 13.
Ministry will propose further tax cut if global petrol price continues rising

Ministry will propose further tax cut if global petrol price continues rising

"If the world gasoline price continues to rise, the Ministry of Industry and Trade will propose to reduce other taxes and fees further. When all the tax tools are used, but the petrol prices remain high, the ministry will propose competent authorities to use the welfare funds to support the poor and businesses that use a large volume of petrol products," Minister of Industry and Trade Nguyen Hong Dien said.
Experts suggest reducing taxes to stabilize gasoline prices

Experts suggest reducing taxes to stabilize gasoline prices

Domestic retail prices of petrol and oil products were allowed to adjust to the new selling price, with an increase of more than VND1,400 per liter for gasoline and more than VND1,000 per liter for oil as of 4 p.m. on October 26. As the global oil prices have risen to the highest level in the past seven years, while the Fuel Price Stabilization Fund has almost been exhausted, the most feasible solution is to reduce taxes to share difficulties with consumers and businesses.
Ministry proposes environmental protection tax cut for biofuel

Ministry proposes environmental protection tax cut for biofuel

The Ministry of Industry and Trade said that it has proposed the Prime Minister to consider adjusting the environmental protection tax rate for biofuel in general and E5 RON92 ethanol gasoline blend in particular so as to create a basic and large enough difference in price between biofuel and fossil fuel that is able to convince consumers to use biofuel.
People buying petrol at a station on Nguyen Cong Tru Street in Hanoi (Photo: VNA/VNS)

Environmental tax hike rejected

The National Assembly Standing Committee has not approved the Ministry of Finance’s proposal to almost triple the environmental protection tax on oil and gas consumption, citing potential harm to consumers.