The Prime Minister has just signed Decree No. 109/2020 / ND-CP dated September 15, 2020 extending the time limit for special consumption tax payment for cars manufactured or assembled domestically.

Accordingly, the Government extends the tax payment deadline for the special consumption tax payable arising in the tax period of March, April, May, June, July, August, September and October. -2020 for domestically manufactured or assembled cars.

Ôtô trong nước được gia hạn nộp thuế tiêu thụ đặc biệt - Ảnh 1.

Extension of the deadline for paying special consumption tax on domestically assembled cars

Extension from the end of the special consumption tax payment deadline in accordance with the law on tax administration. Thus, the deadline for paying the special consumption tax payable arising in the tax period of March 2020 is September 20, 2020; of the tax period of April 2020 by October 20, 2020; for the tax period of May 2020, by November 20, 2020; for the tax period of June, July, August, September and October 2020 by December 20, 2020.

According to the Decree, if the taxpayer makes additional tax declaration for the extended tax period, the amount of excise tax payable increases and sends it to the tax authority before the expiration of the extended tax period the extended tax amount includes the additional tax payable due to additional declaration.

In case taxpayers are eligible for the extension of declaration and submission of special excise tax returns in accordance with current law, but have not yet paid payable excise tax arising on the declaration The excise tax has been declared.

If the enterprise (DN) has branches and affiliated units that perform special consumption tax declaration separately with the tax authorities directly managing the branches and affiliated units, the branches and affiliated units also belong to Subjects eligible for extension of special consumption tax payment. In case a branch or an affiliated unit of an enterprise does not manufacture or assemble cars, the branch or affiliated unit is not eligible for extension of special consumption tax payment.

According to estimates of the Ministry of Finance, the extension of time limit for special consumption tax payment for domestically manufactured or assembled cars will reduce the state budget revenue by about VND 2,200 billion / month. However, the state budget revenue for the whole year 2020 will not decrease because enterprises must pay them into the state budget before December 20, 2020.

Previously, the Government also issued a Decree to reduce 50% of registration fee for domestically manufactured and assembled cars by the end of 2020.

Minh Chien