The Government has just issued Decree No. 144/2024 amending and supplementing a number of articles of Decree No. 26/2023 of the Government on export tax schedules, preferential import tax schedules, list of goods and absolute tax rates, mixed tax, and import tax outside tariff quotas.
The Decree takes effect from December 16, 2024 with many regulations on import tax on tobacco products.
In particular, the Government stipulates that products containing tobacco leaves, reconstituted tobacco, nicotine, or tobacco leaf substitutes or nicotine substitutes, used for smoking without burning; other nicotine-containing products used to load nicotine into the human body are subject to import tax rates as follows:
Products intended for smoking without burning containing tobacco leaves or reconstituted tobacco (item code 2404.11.00); other types, containing nicotine (item code 2404.12); liquid or gel for electronic cigarettes (item code 2404.12.10); other types (item code 2404.12.90); containing tobacco substitutes (item code 2404.19.10); containing nicotine substitutes (item code 2404.19.20); nicotine chewing gum (item code 2404.91.10); nicotine patches (item code 2404.92.10)... have an import tax rate of 50%.
In addition, electronic devices for electronic cigarettes and similar personal vaporizers (item code 8543.40.00) also have an import tax rate of 50%.
Notably, the Decree also clearly states that preferential import tax rates for items in group 2404 and items with HS code 8543.40.00 mentioned above are applied in cases where these items are permitted to be imported into Vietnam according to the provisions of law.
