Import tax on used cars to rise by 20 per cent
Starting from April 28, import taxes on used cars of nine seats or less, with a cylinder capacity of less than 1,500cc, will increase by 20 per cent compared to the exiting rate.
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| Photo for illustration. laodong.com |
According to a new decree issued by the Ministry of Finance, the import tax imposed on used cars with a cylinder, capacity of less than 1,000cc will be $4,200 a unit instead of $3,500 currently.
The tax is $9,600 for each used car with a cylinder capacity of 1,000-1,500cc, up $1,600 from the current level.
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