This is a noteworthy provision mentioned in Decree 11/2020/ND-CP issued by the Government of Vietnam on January 20, 2020, regarding administrative procedures in the field of State Treasury.
Illustrative image (source: internet)
Decree 11/2020/ND-CP stipulates that the person entitled to a refund or the person authorized to perform refund procedures for state budget revenues can receive the refund in cash directly at the headquarters of the State Treasury or the bank where the State Treasury processes the refund. This can also be done through the account of the person entitled to the refund using a cashless payment method.
Below are the procedures for cash refunds at the State Treasury:
- The State Treasury receives the refund order for state budget revenues from the competent state authority.
- Individuals are required to bring an ID card or a certificate issued by the armed forces, a citizen ID card or a passport, and an authorization letter to receive the refund on behalf of the person entitled to the state budget revenue refund (in the case of authorization) to the State Treasury to perform the refund procedure.
- The State Treasury will verify the legality and validity of the refund order for state budget revenues and compare the information on the ID card or the certificate issued by the armed forces, the citizen ID card or the passport, and the authorization letter to receive the refund on behalf of the person entitled to the state budget revenue refund (in the case of authorization) to process the refund.
As for the processing time for cash refunds at the State Treasury, it shall be no later than 30 minutes from the time the State Treasury receives the complete and valid dossier of the individual entitled to the state budget revenue refund and the refund order for state budget revenues or the refund cum offset order for state budget revenues.
More details can be found in: Decree 11/2020/ND-CP which took effect on March 16, 2020.
Thu Ba
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