ID :
43861
Tue, 02/03/2009 - 12:59
Auther :
Shortlink :
http://m.oananews.org//node/43861
The shortlink copeid
Automobiles enjoy VAT reduction
Hanoi (VNA) - Vietnam has halved the value added tax (VAT) on
wholly-assembled cars and automobile components. The reduction took effect on Feb. 1
and will run until the end of this year.
Engines, gear boxes, coal, basic chemicals and hotel and tourism trade have also
enjoyed a 50 percent VAT reduction.
As of January 24, the import tax on oil and gas was reduced to 35 percent for
petrol wholesalers.-Enditem
wholly-assembled cars and automobile components. The reduction took effect on Feb. 1
and will run until the end of this year.
Engines, gear boxes, coal, basic chemicals and hotel and tourism trade have also
enjoyed a 50 percent VAT reduction.
As of January 24, the import tax on oil and gas was reduced to 35 percent for
petrol wholesalers.-Enditem
