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Chapter 3 special sales tax

TON DUC THANG UNIVERSITY
THE FACULTY OF FINANCE AND BANKING
INVESTMENT DEPARTMENT

CHAPTER 3
SPEACIAL SALES TAX
Prepared by: INVESTMENT DEPARTMENT

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B02033 – Chapter 3: Special Sales Tax

1


LEARNING OBJECTIVES

Define Special Sales Tax and explain its
characteristics.
Define who is liable to pay Special Sales
Tax in Vietnam.

Identify what kind of goods and services
are subject to Special Sales Tax in Vietnam.

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B02033 – Chapter 3: Special Sales
Tax

2


LEARNING OBJECTIVES
Determine base price, tax rate and ways to
calculate Special Sales Tax payable by a
taxpayer in Vietnam
Know how to complete an Special Sales
Tax declaration and when to file and pay
tax.
Know who and in what case is exempt from
Special Sales Tax in Vietnam

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B02033 – Chapter 3: Special Sales
Tax

3


CONTENT
1
2
3
4
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• Legal documents involved
• The scope
• Tax bases
• Tax refund, deduction and Reduction


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Tax

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CONCEPTS
• Special Sales Tax (excise tax of special
consumption tax/special tax) is a tax that
is imposed on certain special goods and
services imported of produced within a
county.

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B02033 – Chapter 3: Special Sales
Tax

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CHARACTERISTICS

1.
2.
3.
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• One- stage consumption tax.

• The scope of Special Sales Tax is relatively
narrow with a small numbers of excisable
goods and services.
• The rates of Special Sales Tax are often
higher than those of other sales taxes.

B02033 – Chapter 3: Special Sales
Tax

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Legal documents involved
• LAW ON EXCISE TAX (No. 27/2008/QH12 of
November 14, 2008).

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B02033 – Chapter 3: Special Sales
Tax

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The scope

Taxable
Taxpayers
objects
Non-taxable objects

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B02033 – Chapter 3: Special Sales
Tax

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Taxable objects

1.

2.
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• 11 items/group of
items of goods
• 6 items of services

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Tax

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Taxable objects
• 11 items/group of items of goods

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Cigarettes, cigars,
tobacco;

Liquors.;

Beers;

Under-24-seat
passenger
vehicles

Airplanes;

Yachts

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Tax

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Taxable objects
• 11 items/group of items of goods
Gasoline of
various kinds,
naphtha;

Air conditioners
<= 90,000 BTU

Playing cards

Votive gilt paper,
votive objects
Motors with
cylinder capacity
of over 125cm3

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B02033 – Chapter 3: Special Sales
Tax

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Taxable objects
• 6 items of services

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Dance halls:

Massage parlors and
karaoke bars;

Casinos; prizewinning video games

Betting;

Golf business

Lottery business.

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Tax

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Non-taxable objects
Directly exported by producers/processors
Imported goods, including:

• Humanitarian aid or non- refundable aid goods.
• Goods
transshipped,
transited/transported
through Vietnam’s border;
• Goods temporarily imported for for re-export, or
temporarily exported for re-import during the
import or export duty-free period;
• Goods imported for duty-free sale under the
prescribed regulations
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B02033 – Chapter 3: Special Sales
Tax

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Taxpayers
Producers

Importers of
goods

Excise
tax
payers

Providers of
services
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B02033 – Chapter 3: Special Sales
Tax

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Tax calculation bases
For goods
produced
domestically

Price exclusive of tax – environmental tax (if any)

For imported
goods

The base price is the
import
tax
base
price

1 + Special Sales Tax rate of goods

+

the import tax

Before – VAT price of service

For services

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1 + Special Sales Tax rate of service

B02033 – Chapter 3: Special Sales
Tax

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EXAMPLE
• For example the price exclusive of VAT of a
bottle of wine is VND 125,000. Special Sales
Tax rate of wine is 25%.
• The excise base price of this bottle of wine is :
=

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VND 125,000
1 + 25%

B02033 – Chapter 3: Special Sales
Tax

= 100,000 VND

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EXAMPLE
• For example, an air-conditioner with import
base price of VND 10,000,000. Import tax
payable is VND 1,000,000.
• The excise base price of this air-conditioner is:
10,000,000+
1,000,000=11,000,000 VND

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B02033 – Chapter 3: Special Sales
Tax

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Tax calculation methods
The amount of Special Sales Tax is determined
by the following formula:

TAX =

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Base price of
goods/service

X

B02033 – Chapter 3: Special Sales
Tax

Tax rate (%)

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EXAMPLE
 We have data of a company engaged in beer production
in a tax month as follows:
- Exported beer: 200,000 cans with FOB price of
VND8,000 per can
- Sale of beer in domestic market: 5000,000 cans at price
exclusive of VAT of VND9,000
Required: Calculate the amount of Special Sales Tax
pay able by that company. Given that, the Special Sales
Tax rate applicable to beer is 50%
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Tax

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SOLUTION
• Exportation of beer is a non excisable
transaction.
- Special Sales Tax payable on the sale of beer
in domestic market is

500,000 cans
x
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9000

X 50% = VND 1,650,000,000

1 + 50%
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Tax

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EXAMPLE
• We have date of a company engaged in trading in a tax
month as follows:
• Importation of wine with alcoholic content of 120:
100,000 bottles with CIF price of VND 120,000 per
bottle. CIF price was accepted as import duty base
price . Import duty rate applicable to this product is
40%
• REQUIRED:
Calculate the Special Sales Tax amount payable by that
company. Given that the Special Sales Tax rate
applicable to wine is 25%.
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Tax

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SOLUTION
• Trasaction value of import good
100,000 x 120,000 = 12,000 million
• Import duty payable on importation of wine is
12,000 million x 40% = VND 4,800 million
• Special Sales Tax payable on importation of
wine is
( 12,000+ 4,800) x 25% = 4,200 million

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B02033 – Chapter 3: Special Sales
Tax

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EXAMPLE
• Report on dancing hall service as follows:
• Turnover of beer at before- VAT price: VND200,000,000
• Turnover of liquors at before- VAT price: VND420,000,000
• Turnover of fruit juice at sales of a company providing
before VAT price: VND 130,000,000
• Turnover of other goods at before-VAT price:
VND90,000,000
• Required: calculate the Special Sales Tax payable by that
company. Given that, the Special Sales Tax rate applicable
to dancing hall is 40%
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Tax

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SOLUTION
• Total turnover exclusive of VAT is:
200,000,000 + 420,000,000 + 130,000,000+
90,000,000 = 720,000,000
• Special Sales Tax payable for the tax month by
this company is:
720,000
X 40% = 240,000,000
(1+40%)

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Tax

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Tax refund and deduction

Refund in 4cases:
• Goods temporarily imported for re-export
• Raw materials imported for export production
and processing;
• Finalization of overpaid tax amounts upon
merger, consolidation,
• Upon issuance of tax refund decisions by
competent agencies under law
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Tax

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