We would like to provide some information about Special Sale Tax and other taxes in Vietnam for you as follows:
Special Sales Tax (’SST’)
SST is a form of excise tax that applies to the production or import of certain goods and the provision of certain services. Goods and services that are subject to SST are also subject to VAT.
The Law on SST classifies objects subject to SST into two groups:
1. Commodities – cigarettes, liquor, beer, automobiles having less than 24 seats, motorcycles, airplanes, boats, petrol, air-conditioners up to 90,000 BTU, playing cards, votive papers.
2. Service activities – discotheque, massage, karaoke, casino, gambling, golf clubs, entertainment with betting and lotteries.