Taxable Price

The taxable price of domestically produced goods sold by a manufacturer/imported goods sold by an importer is the selling price exclusive of SST, VAT and environment protection fee. Where the selling price is not considered to be in line with the market price, the tax authorities may deem the taxable price. The taxable price of imported goods upon importation is the dutiable price plus import duties.

Where manufactured or imported goods are subsequently sold by a trading entity to entities which are not third parties, an anti-avoidance provision may impose a minimum taxable price in certain cases.

Tax Credits 

Taxpayers producing SST-liable goods from SST-liable raw materials are entitled to claim a credit for the SST paid on raw materials imported or purchased from domestic manufacturers.

Where taxpayers pay SST at both the import and selling stages, the SST paid at importation is creditable against SST paid at the selling stage.

Tax Rates

The Law on SST classifies items subject to SST into two groups:

The SST rates are as follows

If you have any further questions regarding the special sales tax, please do not hesitate to contact TPM through our website or directly via our hotline at (+84) 28 3505 1800 for prompt assistance.

Quyen Nguyen