after tax adjustment The prices of cars in Vietnam have soared since the beginning of the year because of the government's adjustment of special consumption taxes on imported automobiles. The new tax calculation has caused many car dealers to increase their prices. Under the new tax calculation, which took effect on January 1, the special consumption tax for imported vehicles with 24 seats and below is based on the importer's price, but the price must not be lower than 105 per cent of the cost of an auto, which includes its import price, import tax and special consumption tax at the importing point. it is lower than this level, the tax will be fixed by a tax agency under regulations on tax management. Vietnam News
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