Prime Minister Pham Minh Chinh has signed Decision No. 482/QD-TTg on the application of environmental protection tax, VAT, and special consumption tax on gasoline, oil and aviation fuel in necessary cases for national interests.
The environmental protection tax rate for gasoline (excluding ethanol), diesel oil and aviation fuel is 0 VND/liter. Gasoline, diesel oil and aviation fuel are not subject to declaration and payment of value-added tax but are eligible for input VAT deduction.
The special consumption tax rate for all types of gasoline is 0%. This decision takes effect from 0:00 on March 27 to the end of April 15.
This is considered an urgent and effective solution to stabilize the gasoline and oil market, ensuring national energy security in the context of tensions and conflicts in the Strait of Hormuz creating the "largest energy bottleneck ever" pushing crude oil prices above the threshold of 100 USD/barrel and leading to a sharp increase in world and domestic energy prices. It is expected that with the environmental protection tax, VAT, special consumption tax and application time as above, state budget revenue will be reduced by an average of about 7,200 billion VND/month.
During the period of Decision 482/QD-TTg taking effect, legal documents stipulating environmental protection tax, VAT, special consumption tax on gasoline, oil and other aviation fuels specified in this Decision shall be implemented according to the provisions of this Decision.
Business establishments and importers of gasoline, diesel oil and aviation fuel do not have to declare and calculate VAT when selling and at the import stage.
Other contents of tax rates specified in this Decision are implemented in accordance with current regulations of tax law, tax management law and relevant laws.
Previously, the Government issued Resolution No. 68/NQ-CP dated March 26, 2026 on assigning the Prime Minister to issue a Decision on the application of environmental protection tax, VAT, special consumption tax on gasoline, oil and aviation fuel in cases of necessity for national interests.
The Government agreed with the content of the report and proposal of the Ministry of Finance in Official Dispatch No. 184/TTr-BTC dated March 25, 2026 on assigning the Prime Minister to issue a Decision on the application of environmental protection tax, VAT, special consumption tax on gasoline, oil and aviation fuel in cases of necessity for national interest and the content of the Ministry of Finance's reception and explanation in Official Dispatch No. 3717/BTC-CST dated March 26. The Ministry of Finance is responsible for the content and data of reports and proposals, ensuring compliance with regulations.
The Government assigns the Ministry of Finance to submit to the Prime Minister for consideration and decision on the application of environmental protection tax, VAT, special consumption tax on gasoline, oil and aviation fuel in necessary cases for national interests mentioned above according to the authority stipulated in point e, clause 4, Article 13 of the Law on Organization of the Government.
