Used Truck Registration Tax in Hanoi: What You Need to Know

Mr. Ba, a hardworking truck driver in Long Bien District, Hanoi, always dreamed of owning his own truck for independent deliveries. After years of saving, he finally bought a used truck from an acquaintance in Gia Lam District. His joy was immense when he received the truck, but then he wondered: “What is the procedure for paying registration tax on a used truck? How much is the tax?”.

Mr. Ba’s story is a common concern for many people when buying a used truck. This article will answer all your questions about used truck registration tax in Hanoi.

What is Used Truck Registration Tax?

Used truck registration tax is a tax that individuals and organizations must pay to the government when buying, receiving as a gift, inheriting, or transferring ownership of a used truck.

Current Used Truck Registration Tax Rate

The current used truck registration tax rate is 2% of the vehicle’s value. The vehicle’s value is determined by the tax authorities based on several factors, such as:

• Vehicle Type: Truck, dump truck, tractor-trailer,…
• Year of Manufacture: The older the vehicle, the lower the value.
• Vehicle Condition: Well-maintained vehicle, frequently repaired vehicle,…

For example: Mr. Ba bought a used 2015 Hyundai HD72 truck. The tax authorities determined the vehicle’s value to be 200 million VND. Therefore, Mr. Ba must pay 4 million VND in registration tax (200 million VND x 2%).

Used truck in Hanoi

Used Truck Registration Tax Payment Procedure

To pay the used truck registration tax, you need to prepare the following documents:

• Application for registration tax payment (using the provided form)
• Personal identification documents (ID card/Citizen ID card, household registration book…)
• Vehicle documents (vehicle registration certificate, inspection certificate)
• Sales contract, gift contract, inheritance documents…

You can pay the tax directly at the Tax Department where you reside or online through the General Department of Taxation’s electronic portal.

Notes on Paying Used Truck Registration Tax

• Carefully check the vehicle value determined by the tax authorities to avoid disadvantages.
• Pay the tax on time to avoid penalties.
• Keep all relevant documents for convenient vehicle registration and other procedures.

Frequently Asked Questions

1. If I buy a used truck in another province, do I have to pay the registration tax in Hanoi?

Answer: You must pay the registration tax where you are permanently registered.

2. Are used trucks that have been in accidents exempt from registration tax?

Answer: No. Used trucks that have been in accidents are still subject to registration tax according to regulations.

3. What are the penalties for late payment of used truck registration tax?

Answer: You may be fined from 0.1% to 0.5% of the tax payable for each day of late payment.