Circular 124: Registration fees lifted to 20 percent to motor cars of 10 seats or less

Circular 124: Registration fees lifted to 20 percent to motor cars of 10 seats or less 15/09/2011 10:44:00 300

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On August 31, 2011, The Ministry of Finance has issued circular No 124/2011/TT-BTC Registration fees to motor cars of 10 seats or less

 

Under the circular, registration fees on vehicles with 10 or less seats (including driver) will be lifted from 10 percent to 20 percent.

 

Registration fees on housing and land will be fixed at 0.5 percent, while a rate of 1 percent will be applied to ships, barges, motor boats, cruisers and airplanes. Motorbikes will be subject to registration fees of 1-5 percent.

 

The circular will take effect from October 15, 2011.

 

ĐPT