Tags: Fertilizer Tax
Official Implementation of a 5% Tax on Fertilizers
On the afternoon of November 26, the National Assembly officially passed the amended Value Added Tax (VAT) Law, with 407 out of 451 delegates voting in favor, accounting for 84.97% of the total delegates. The amended Value Added Tax (VAT) Law approved by the National Assembly consists of 4 chapters and 17 articles. The law ... Read more
27/11/2024
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The National Assembly is considering imposing a 5% VAT on fertilizers
The draft Value Added Tax Law (amended) includes fertilizers as a VAT-taxable item with a tax rate of 5%, instead of being tax-exempt as currently. Delegates debate the imposition of a 5% VAT tax on fertilizers. On the afternoon of June 24th, the National Assembly discussed the draft Law on Value Added Tax (amended) in ... Read more
26/06/2024
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