Is wastewater fee subject to VAT?
Fri, 31 May 2024 10:45:00 | Print | Email Share:
Clarification on VAT for household wastewater.
Question: Based on Decree No. 53/2020/NĐ-CP dated May 5, 2020, which regulates environmental protection fees for wastewater. In Clause 1, Article 6, "The environmental protection fee for household wastewater is 10% of the selling price of 1m3 of clean water excluding value-added tax". So, is the wastewater fee subject to VAT?
Example: My family uses up 100m3 x 10,000đ/m3 = 1,000,000đ; wastewater fee = 1,000,000đ x 10% =100,000đ. So, does my family have to pay VAT on 100,000đ (100,000x10%VAT=10,000đ)?
Answer:
By: According to PV (Financial and Business Magazine)./ Translator: LeAnh-Bizic
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