The State Administration Council enacted the Union Tax Law 2022 (Amendment) as its law number 48/2022 on 17 November 2022 signed by Chairman of the State Administrations Council Senior General Min Aung Hlaing.
The law mentioned that provisions in Sections 3 and 4 of this law shall be effective from 1 October 2022 to 31 March 2023. The provisions of Section 5 shall be effective from 1 April 2022 to 31 March 2023.
Tables 12 (a), (b) and (c) of Section 11 (a) shall use “except Battery Electric Vehicle (BEV)” instead of “except electric vehicles”.
On 11 November, the Ministry of Commerce issued a decree specifying the terms to be followed for the import of electric vehicles from abroad under the pilot project. At the press conference of SAC information team held on 18 November, Maj-Gen Zaw Min Tun said that 26 companies have applied to import electric cars, and none of them has been granted permission. — TWA/GNLM
Tax collection law of the Union amended
- November 24, 2022
- 710
