What are regulations on composition and number of sets of documents for state budget payments in Vietnam?

What are regulations on composition and number of sets of documents for state budget payments in Vietnam?

Pursuant to Clause 5 Article 4 of the Decree 11/2020/NĐ-CP stipulating composition and number of sets of documents for state budget payments in Vietnam as follows:

5. Composition and number of sets of documents:

a) Composition of sets of documents:

In case of refunding in cash directly at the State Treasury to individuals: Identity card or ID card, certificate of armed forces or citizen ID card or valid passport presented at State Treasury when carrying out procedures; originals or copies of originals of power of attorney to receive refunds of state budget revenues (in case of authorization).

In case of refunding via the payee's account: The State Treasury shall make a refund into the account of the refunded person according to the refund order of the competent state agency deciding on refund; The refunded person is not required to send the dossier to the State Treasury.

b) Number of submitted sets of documents:

The quantity of each dossier component specified at Point a, Clause 5 of this Article is 1 copy (the original or a duplicate copy of the original). Particularly for people's identity cards or identity cards or certificates of armed forces or valid citizenship or passport cards presented at the State Treasury when carrying out the procedure, one original is required.

What is the time limit for state budget payments in Vietnam?

Pursuant to Clause 6 Article 4 of the Decree 11/2020/NĐ-CP stipulating time limit for state budget payments in Vietnam as follows:

6. Decision-making duration:

a) For cash refunds at the State Treasury, decisions shall be made within 30 minutes at the latest after the State Treasury receives all valid and lawful dossiers of individuals refunded the State budget revenues and orders of refund of state budget revenues or refund orders cum state budget payment clearing and settlement.

b) For refunds via the payee's account: Decisions shall be made within 1 working day after the State Treasury receives the order to refund the state budget revenue or the refund order cum state budget payment clearing and settlement that ensure validity and legitimacy.

What are regulations on results of state budget payments in Vietnam?

Pursuant to Clause 7, 8 and 9, Article 4 of the Decree 11/2020/NĐ-CP stipulating as follows:

7. Implementing person: Organizations and individuals receiving state budget refunds.

8. Decision-making body: State Treasury.

9. Results:

a) For cash reimbursement at the State Treasury: The State Treasury's voucher of reimbursement of state budget revenues must carry the signature certifying that the recipient has received the full amount of money.

b) For refunds via the payee's account: State treasury or bank or intermediary payment service provider shall report credit to organizations and individuals that are refunded state budget revenues.

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