Guidance for implementation of a number of articles of law on environmental protection taxOn August 08, 2011, Government issued decree No. 67/2011/ND-CP detailing and guiding the implementation of a number of articles of law on environmental protection tax. The Decree provides for taxable subject, bases for tax calculation, tax declaration, tax calculation, tax payment and environmental protection tax refund.According to the Decree,the number of taxable goods shall comply with the provisions of Article 6 of Law on Environmental Protection Tax. In cases the fuel mixtures containing fossil-original gasoline, oil, grease, and bio-fuel, the amount of taxable goods is based only for the amount of gasoline, oil, and grease in the fuel mixtures.Meanwhilespecific tax rate for each taxable goods shall comply with environmental protection tariff table promulgated by the National Assembly Standing Committee.In addition, tax declaration, tax calculation, and tax payment are applied in accordance with provisions in Article 10 of Law on Environmental Protection Tax and legislation on tax administration. Environmental protection tax refund is implemented in accordance with Article 11 of Law on Environmental Protection Tax.This Decree takes effect from January 01, 2012./.-ITD
Guidance for implementation of a number of articles of law on environmental protection tax
24/08/2011
On August 08, 2011, Government issued decree No. 67/2011/ND-CP detailing and guiding the implementation of a number of articles of law on environmental protection tax. The Decree provides for taxable subject, bases for tax calculation, tax declaration, tax calculation, tax payment and environmental protection tax refund.
According to the Decree, the number of taxable goods shall comply with the provisions of Article 6 of Law on Environmental Protection Tax. In cases the fuel mixtures containing fossil-original gasoline, oil, grease, and bio-fuel, the amount of taxable goods is based only for the amount of gasoline, oil, and grease in the fuel mixtures.
Meanwhile, specific tax rate for each taxable goods shall comply with environmental protection tariff table promulgated by the National Assembly Standing Committee.
In addition, tax declaration, tax calculation, and tax payment are applied in accordance with provisions in Article 10 of Law on Environmental Protection Tax and legislation on tax administration. Environmental protection tax refund is implemented in accordance with Article 11 of Law on Environmental Protection Tax.
This Decree takes effect from January 01, 2012./.-ITD