From August 15, under 9- seat used cars with a cylinder capacity of less than 1,000 cc will be levied USD 3,500 for import tax while those with a cylinder capacity of between 1,000 cc and less than 1,500 cc will be subject to USD 8,000.
Between 10 and 15- seat cars with a cylinder capacity of 2,000 cc or less will face a tax of USD 9,500. Those with a cylinder capacity of between 2,000 cc and 3,000 cc will be imposed a tax of USD 13,000 while those with a cylinder capacity above 3,000 cc will be paid USD 17,000.
Such are provided in Decision No. 36/2011/QD-TTg of June 29, which supersedes Decision No. 69/2006/QD-TTg, promulgating the rates of import tax on under 15- seat used car.
The Prime Minister assigns the Ministry of Finance to base itself on the practical situation in each specific period to increase or reduce the tax rates within the range of 20 percent and within World Trade Organization regulations. In case of fluctuations of over 20%, it must report to the Prime Minister for consideration and adjustment.-