- The Prime Minister signed Decision No. 482/QĐ-TTg on March 26, 2026, applying environmental protection tax, value-added tax (VAT), and special consumption tax rates on gasoline, diesel, and jet fuel when necessary for national interests.
- The environmental protection tax for gasoline (except ethanol), diesel, and jet fuel is set at 0 VND/liter; special consumption tax on all types of gasoline is 0%.
- Gasoline, diesel, and jet fuel are not subject to VAT declaration or payment but can deduct input VAT.
- The decision is effective from 00:00 on March 26, 2026, to the end of April 15, 2026, and overrides any conflicting legal documents during this period.
- The Ministry of Finance is responsible for reporting to the National Assembly on tax adjustments for these fuels before March 30, 2026.
Source: baochinhphu.vn
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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