Hanoi (VNA) – The Government has decided to extend the deadline for special consumption tax payment for domestically manufactured or assembled automobiles.
Under the Government’s freshly-issued Decree No. 65/2024/ND-CP, the deadline for May, June, July, August, and September will be extended to November 20.
The document also stipulates some specific cases of taxpayers and procedures for the extension, saying the request can be sent online, by post or directly to tax agencies.
It takes effect from the date of signing (June 17) till the last day of this year, after which the payment will be carried out in line with current regulations.
Earlier, the Ministry of F𓂃inance has proposed the Government to impose the extension which, it said, is expected to help 14 local automobile manufacturers to tackle difficulties for recovery and growth./.
Payment deadlines for value added tax (VAT), corporate income tax, personal income tax, and land rent in 2024 are set to be extended, involving a total tax value of nearly 84 trillion VND (3.3 billion USD).
Businesses applauded the Government’s decree on tax payment deadline extension which helps them to have capital for maintaining production and ensuring workers’ benefits.
The Ministry of Finance (MoF) has proposed the Government continue extending the deadline for excise tax payment for domestically-manufactured and assembled cars.
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