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Environment tax reduction on fuels to come into life from April 1

Environmental protection tax rates on fuels will be reduced from April 1 under the National Assembly (NA) Standing Committee’s resolution recently signed off by NA Chairman Vuong Dinh Hue.
Environment tax reduction on fuels to come into life from April 1 ảnh 1A commuter has his motorbike refilled at a gas station of Petrolimex. (Photo: VNA)
Hanoi (VNA) – Environmentalprotection tax rates on fuels will be reduced from April 1 under the NationalAssembly (NA) Standing Committee’s resolution recently signed off by NA ChairmanVuong Dinh Hue.

Accordingly, they will be halved for petrol (except for ethanol), diesel oil, mazut, lubricatingoil, and grease from April 1 through December 31. That on kerosenewill be cut down by 70 percent during the period.

As a result, the tax willstand at 2,000 VND per litre for petrol (except for ethanol), 300 VND for kerosene, and 1,000 VND for diesel oil, mazut, lubricant,and grease.

Meanwhile, the rate on aviation fuels is imposed in line with another resolution issued bythe NA Standing Committee on December 31, 2021./.
VNA
#environmental protection tax#petrol prices#NA Standing Committee#petrol#diesel oil#mazut#kerosene#aviation fuels#fuel prices#updated Vietnam news#Vietnamplus#Vietnam News Agency
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