On March 25, 2024, the General Department of Taxation issued Official Letter No. 1188/TCT-CS in response to Official Letter No. 89234/CTHN-TTKT2 regarding tax policies.
In accordance with legal provisions, for cases where enterprises engage in the production and processing of motorcycle and scooter components (such as gears, disc brakes, etc.) and products related to gears and disc brakes, they are classified under the category of engines and spare parts for automobiles and motorcycles. Specifically, these products fall into Level 7 - commodity codes 2930023, 2930024, and 3091020 (as stipulated in Decision No. 43/2018/QD-TTg dated November 1, 2018). Importantly, they are not included in Appendices I, II, or III accompanying Government Decree No. 15/2022/ND-CP issued on January 28, 2022. Therefore, they qualify for the value-added tax (VAT) reduction as specified in Decree No. 15/2022/ND-CP.
