NOTES ON TAXES WHEN IMPORTING LARGE DISPLACEMENT MOTORCYCLES
Taxes on importing large displacement motorcycles - htlaw.vn
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Legal Basic
1
Import tax: 75%
Decree 122/2016/ND-CP
2
Special Consumption Tax:
Two-wheeled motorcycles, three-wheeled motorcycles with a cylinder capacity of more than 125 cm3: 20%
Article 7 Law on Special Consumption Tax Amended in 2016
3
Value Added Tax: 10%
Value Added Tax Law 2008
4
Automatic import license: REMOVE this regulation.
"Traders importing large displacement motorcycles of 175cm3 or more do not have to register for automatic import license at the Ministry of Industry and Trade, just need to carry out import procedures at the customs office according to current regulations".
Circular No. 27/2018 of the Ministry of Industry and Trade
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