On the morning of April 12, at the First Session, the 16th National Assembly, with 460/460 delegates participating in the vote in favor, the National Assembly passed the National Assembly's Resolution on promulgating a number of regulations on environmental protection tax, value-added tax, and special consumption tax on gasoline and aviation fuel.
Regarding environmental protection tax, the National Assembly decided that the environmental protection tax rate for gasoline (excluding ethanol), diesel oil, kerosene, mazut oil and aviation fuel is 0 VND/liter.
Regarding value-added tax, gasoline, diesel oil, kerosene, mazut oil and aviation fuel are not subject to declaration and payment of value-added tax but are eligible for input value-added tax deduction.
Regarding special consumption tax, the special consumption tax rate for all types of gasoline is 0%.
This Resolution takes effect from April 16, 2026 to the end of June 30, 2026.
To ensure the management of the domestic gasoline, oil and aviation fuel market in accordance with the price movements in the world market, the National Assembly assigned the Government to issue a Resolution to decide on the contents of regulations and report to the National Assembly at the nearest session, including:
Adjusting (shortening or extending) the effective time of this Resolution;
In case of emergency, adjust the regulations on environmental protection tax, value-added tax, and special consumption tax specified in this Resolution.
During the time this resolution takes effect, in case there is a difference between the provisions of this Resolution and other legal documents on environmental protection tax, value-added tax, special consumption tax, it shall be implemented according to the provisions of this Resolution.
Business establishments and importers of gasoline, diesel oil, kerosene, mazut oil and aviation fuel do not have to declare or calculate and pay value-added tax when selling and at the import stage.
Contents on environmental protection tax, value-added tax, special consumption tax not specified in this Resolution shall be implemented in accordance with the provisions of current law on tax, tax management and other relevant legal regulations.
Previously, Minister of Finance Ngo Van Tuan gave a summary report on the reception, explanation, revision and completion of the draft Resolution on promulgating a number of regulations on environmental protection tax, value-added tax, and special consumption tax on gasoline, oil and aviation fuel.
Regarding invoice control of gasoline and oil businesses, in addition to the contents on tax reduction according to this resolution, gasoline and oil businesses must still comply with the provisions of law on tax management, law on invoices and documents to declare revenue and expenses.
Regarding the content of strengthening inspection and strictly handling acts of speculation and hoarding to avoid policy profiteering: The Government and the Prime Minister have also issued many directives on this issue, in which, especially directing the Ministry of Industry and Trade to strengthen inspection and supervision, and immediately inspect subjects showing signs of hoarding to strictly handle according to the provisions of law.
This policy is expected to reduce state budget revenue by an average of about 7,300 billion VND per month, however, this is a special fiscal measure applied in a special context to ensure supply stability, limit the impact of energy price fluctuations, contribute to macroeconomic stability, and ensure social security.
