Vietnam cuts petrol import tax to zero
The Ministry of Finance has issued Circular No 07/2011/TT-BTC to guide the implementation of import tax cuts for gas and oil in 2710 group.
In details, import tax on gasoline fell to 0% from previous 6%, kerosene to 2% from 6%, diesel to 0% from 2%; and fuel oil (mazut) to 2% from 5%.
Tags: Vietnam petrol import tax