Importing a Truck to Vietnam: Understanding Import Taxes

“You get what you pay for” is a common saying. But when importing a truck to Vietnam, how much extra are you paying for the “imported” label? This article will decode the process of calculating import taxes for trucks, empowering you to make informed decisions.

Breaking Down Import Taxes for Trucks

Many drivers in Hanoi, especially those in the Long Bien District, frequently visit XE TẢI HÀ NỘI to inquire about import tax calculations. The general formula is relatively straightforward and includes the following taxes:

1. Import Duty

This is the first tax levied when bringing a vehicle into Vietnam. The current rate is 0% for completely built units (CBUs) from ASEAN countries and 70% for CBUs from other countries.

2. Special Consumption Tax (SCT)

This tax targets “luxury” goods, including automobiles. The rate depends on the vehicle’s engine displacement, ranging from 35% to 150%.

3. Value Added Tax (VAT)

VAT is calculated on the total vehicle value, including the vehicle price, import duty, and SCT. The current VAT rate is 10%.

Imported truck on the road

Import Tax Rate Table (Reference)

Important Considerations for Calculating Import Taxes

• Tax rates are subject to change based on government policies.
• Additional fees, such as registration fees and license plate fees, apply when purchasing an imported truck.