On December 22, 2017, the Ministry of Finance of Vietnam issued Circular 135/2017/TT-BTC to regulate the content of the standard for reserve salt loss in Vietnam .
To be specific:
- Loss ratio during the warehousing process: No loss.
- Maximum loss ratio during the delivery process: 0.36% per instance.
- Loss ratio during the storage and preservation process as follows:
No. | Preservation Duration | Maximum Loss Ratio (%) |
---|---|---|
1 | From 01 month to 06 months | 3.5 |
2 | From > 06 months to 12 months | 6.3 |
3 | From > 12 months to 18 months | 7.8 |
4 | From > 18 months to 24 months | 8.8 |
5 | From > 24 months to 30 months | 9.7 |
6 | From > 30 months to 36 months | 10.4 |
7 | From > 36 months to 48 months | 11.0 |
8 | From > 48 months to 60 months | 11.4 |
9 | From > 60 months to 72 months | 11.6 |
10 | From the 7th year onwards, each additional year of preservation increases the loss by 0.1%, but the maximum loss ratio for the entire storage and preservation process does not exceed 14%. |
See more details in the Circular 135/2017/TT-BTC, effective from February 05, 2018.
-Thao Uyen-
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Phone: | (028) 7302 2286 |
E-mail: | info@lawnet.vn |