blue-check Guidelines for calculating base price of petrol and oil products

Circular No. 104/2021/TT-BTC dated November 18th, 2021 of the Ministry of Finance on guiding methods of determining constituents of base petrol and oil price
Posted: 23/11/2021 8:31:26 AM | Latest updated: 2/12/2021 9:52:39 AM (GMT+7) | LuatVietnam: 5341 | Vietlaw: 543

Constituents in base oil and petrol price formula mentioned under this Circular which only serve to calculate base petrol and oil price according to Article 1 of Decree No. 95/2021/ND-CP include: Ethanol fuel price; Percentage of unleaded gasoline volume, percentage of Ethanol fuel volume; Exchange rate of worldwide petrol and oil price; Petrol and oil import duties; Excise tax;

This Circular takes effect from January 2nd, 2022.

To abrogate Article 4, Article 5, clause 2 Article 15 of Joint Circular No. 39/2014/TTLT-BCT-BTCstatus2 dated October 29th, 2014; clause 2, clause 3 Article 1 of Joint Circular No. 90/2016/TTLT-BTC-BCTstatus2 dated June 24th, 2016; clause 1 Article 1 of Circular No. 76/2020/TT-BTC dated August 14th, 2020.

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Effective Date 2-Jan-2022
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Published Vietlaw's Newsletter No. 543
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