|
New auto registration fees delayed
The new automobile registration fee for under-10-seat cars in the capital will not be enforced until the General Department of Taxation officially announces it – probably later this month.
The fee will be charged at 12 percent of vehicle value.
While waiting for the new instruction, the old registration fee of 10 percent will be charged.
The new fee means that Hanoi will have the highest auto registration fee in the nation. But it still falls short of the 15 percent proposed by the Ministry of Finance (MoF) for Hanoi and HCM City .
Last December, the Vietnam Automobile Manufacturers Association petitioned to have the new fee postponed to promote domestic auto sales.
The Hanoi People’s Committee rejected it, saying that raising registration fees was a measure to ease traffic congestion on the capital’s overcrowded roads.
According to MoF statistics, between 2001 to 2006, registration fees was one of the most important revenue sources after petrol fees, providing 1.57 percent of the total State income.
Total State budget income from fees and charges in 2008 reached about 3 trillion VND (182 million USD).
vna
|
