Decision No. 482/QD-TTg on Environmental Tax, VAT, and Special Consumption Tax Rates for Petrol, Diesel, and Jet Fuel
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The Prime Minister issues Decision No. 482/QD-TTg dated 26 March 2026 applying special tax rates on petrol, diesel, and jet fuel to stabilize fuel prices. The Decision is effective from midnight on 26 March 2026 to the end of 15 April 2026. Key measures: environmental protection tax on petrol (excluding ethanol), diesel, and jet fuel reduced to VND 0/litre; petrol, diesel, and jet fuel exempt from VAT declaration and payment but input VAT remains deductible; special consumption tax rate on petrol reduced to 0%.
Background
Issued pursuant to Politburo Conclusion No. 14-KL/TW dated 20 March 2026 on ensuring fuel supply stability, and Government Resolution No. 68/NQ-CP dated 26 March 2026 authorizing the Prime Minister to issue this Decision.
Applicable Tax Rates
- Environmental Protection Tax: VND 0/litre for petrol (excluding ethanol), diesel, and jet fuel
- VAT: Petrol, diesel, and jet fuel are exempt from VAT declaration and payment at point of sale and import, but input VAT remains deductible
- Special Consumption Tax: 0% tax rate for all types of petrol
Effective Period
From midnight 26 March 2026 to end of 15 April 2026.
Practical Notes
- Businesses and importers of petrol/diesel/jet fuel do not need to declare and pay VAT at the sale or import stage during this period
- All other tax provisions remain governed by existing law