VAT news tagged as "Special Consumption Tax"


Vietnam VAT update

April 11th, 2016

Vietnam’s National Assembly has this month approved changes to the VAT laws, including modifications to the import Special Consumption Tax. The changes include: Certain agriculture-related businesses are to become VAT nil-rated, allowing them not to charge VAT, but recover any input VAT suffered The period for the application of VAT credits has been shortened from …