Tax Department has issued a notification on the implementation of goods and services that are subjected to excise tax in accordance with Tax Law (amended version), No.0169/TD, dated 11 January 2018 in following of an article 20 in Tax Law (amended version) for its accuracy and consistency across the country. The notification stipulates specific goods and services that are subjected to excise tax as follows:
1. Excise tax for general goods:
o Fuel: Gasoline (super) 39%, Gasoline (regular) 34%, Diesel 24%, Jet fuel 14%, Lubricant, hydraulic oils, grease, and brake fluid 9%.
o Liquor or alcoholic beverages: liquor or alcoholic beverages contain over 20 Alc/Vol 50%, liquor alcoholic beverages contain 20 Alc/Vol 45%.
o Cigarettes: cigars 45%, cigarettes in packet 45%, tobacco 25%, others 45%.
2. Excise tax rate for services: Entertainment: Nightclubs, discotheques, karaoke 20%
For goods and services that are not stipulated above, shall follow the previously notified rate in an article 20 of Tax Law (amended version)
This notification is effective from January 01st,2018
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