Special Consumption Tax on Imported Trucks in Vietnam: What You Need to Know

The other day, while having coffee at a roadside stall in Cat Linh, I ran into an old friend who was deep in thought, a worried frown etched on his face. It turned out he was struggling to calculate the special consumption tax on an imported truck he was about to purchase. “Imported trucks are undeniably high-quality, but the taxes are so high, I can’t seem to figure it out,” he lamented. So, what is this special consumption tax on imported trucks that’s causing so much headache? Let’s delve in and find out!

What is the Special Consumption Tax on Imported Trucks?

Simply put, it’s a tax levied on non-essential goods, including imported trucks. This tax aims to regulate production and consumption while increasing revenue for the state budget.

Vehicles Subject to the Tax:

• Passenger cars with fewer than 9 seats
• Trucks
• Specialized vehicles

Factors Affecting the Special Consumption Tax:

• Origin: Completely Built-Up (CBU) imported vehicles or Completely Knocked Down (CKD) vehicles assembled domestically.
• Engine Displacement: The larger the engine, the higher the tax.
• Government Policies: Tax policies can change over time.

Special Consumption Tax Rates for Imported Trucks in 2023:

Note: This is just a reference table. Actual tax rates may vary. For accurate information, contact the customs authority or a vehicle dealership.

Frequently Asked Questions about Special Consumption Tax on Imported Trucks:

1. Are imported trucks eligible for special consumption tax reductions?

Currently, imported trucks are still subject to the standard special consumption tax rates.

2. How is the special consumption tax calculated for imported trucks?

Special Consumption Tax = Taxable Price x Tax Rate

3. Where can I buy reputable imported trucks?

You can check out reputable truck dealerships in Hanoi such as XE TẢI HÀ NỘI on Giai Phong Street, Hoang Mai District, or dealerships on Le Van Luong Street, Thanh Xuan District.

4. Should I buy an imported or domestically assembled truck?

This depends on your specific needs and budget. Imported trucks generally offer higher quality but come with a higher price tag. Conversely, domestically assembled trucks are more affordable.

Imported truck at Hai Phong port

Feng Shui and Truck Purchases: Choosing the Right Color

Vietnamese people often consider Feng Shui when buying a vehicle, especially a truck, which is the “rice bowl” for many families. According to this belief system, people with the Metal element should choose yellow or white trucks; Wood element individuals are suited to green or black trucks; and those with the Water element should opt for white or blue trucks. Choosing a truck color that aligns with one’s Feng Shui is believed to bring good luck and prosperity in business.

Explore Truck Models at XE TẢI HÀ NỘI

Besides imported trucks, XE TẢI HÀ NỘI also offers a wide range of domestically assembled trucks, enclosed trucks, fuel tankers, and more at competitive prices.

Trucks at XE TẢI HÀ NỘI

For more details about our products and services, please contact XE TẢI HÀ NỘI at… or visit our website xetaihanoi.edu.vn.

Be a smart consumer and choose the truck that best suits your needs and budget!