Prime Minister Pham Minh Chinh has just signed Decision No. 482/QD-TTg dated March 26, 2026 on the application of environmental protection tax, value-added tax, and special consumption tax on gasoline, oil and aviation fuel in necessary cases for national interests.
According to the decision, the environmental protection tax rate for gasoline (excluding ethanol), diesel and aviation fuel is 0 VND/liter.
Gasoline, diesel and aviation fuel are subject to non-declaration and calculation of value-added tax but are eligible for input value-added tax deduction.
The special consumption tax rate for all types of gasoline is 0%.
This decision takes effect from 24:00 on March 26 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 dragging down the world and domestic energy price levels sharply.
It is expected that with the environmental protection tax, value-added tax, special consumption tax and the application time as above, the average state budget revenue will decrease by about 7,200 billion VND/month. However, this will be an important amount of money to support people to reduce difficulties and promote production and business for businesses.
During the period of Decision 482/QD-TTg taking effect, legal documents stipulating environmental protection tax, value-added tax, special consumption tax on gasoline, oil and other aviation fuel 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 or calculate and pay value-added tax 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 also 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, value-added tax, and 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, value-added tax, special consumption tax on gasoline, oil and aviation fuel in case of necessity for national interests 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, value-added tax, special consumption tax on gasoline, oil and aviation fuel in necessary cases for the above-mentioned national interests according to the authority stipulated in point e, clause 4, Article 13 of the Law on Organization of the Government.
The Ministry of Finance shall preside over and coordinate with relevant ministries to prepare a dossier to report to the National Assembly on the draft Resolution of the National Assembly before March 30, 2026 on adjusting the level of environmental protection tax, value-added tax, special consumption tax on gasoline, oil and aviation fuel according to the simplified process and procedures according to the provisions of the Law on Promulgation of Legal Documents to report to the Government and submit to the National Assembly at the April 2026 National Assembly session.
