Tax & Pricing
Regulatory Update: Decree No. 174/2025/NĐ-CP on Detailed Regulations for Implementing the Law on Special Consumption Tax
Clarifying Taxable Objects, Tax Base Calculation, and Procedures for Tax Exemption/Refunds for Special Consumption Goods and Services.
Decree No. 174/2025/NĐ-CP, issued by the Government on July 15, 2025, provides detailed regulations for implementing the Law on Special Consumption Tax (TTĐB). The Decree aims to clarify the scope of goods and services subject to TTĐB, stipulate detailed methods for calculating the taxable price (giá tính thuế), and establish procedures for implementing TTĐB exemption, reduction, and refund policies for businesses and importers.
Key Highlights
- Scope of Application: The Decree governs detailed implementation measures for the Law on Special Consumption Tax, including defining taxable objects, non-taxable objects, taxpayers, and tax calculation methods.
- Key Updates/Content:
- Taxable Objects: Clarifies goods and services subject to TTĐB, such as alcohol, beer, tobacco, cars, gasoline, and certain luxury/gaming services.
- Taxable Price Calculation: Provides specific formulas and bases for determining the taxable price for domestic production, importation, and in cases where the selling price is below the statutory price set by the Ministry of Finance.
- Tax Exemption/Refund: Details procedures for tax exemption/reduction for certain domestic production inputs and tax refunds for exported goods or those brought temporarily into Vietnam for re-export (tạm nhập tái xuất).
This summary is provided for reference purposes only and highlights key aspects of Decree No. 174/2025/NĐ-CP. For full and legally binding content, please refer strictly to the attached official document.
Attached File:
📎 Decree No. 174/2025/NĐ-CP (Official PDF – signed & sealed)
