Developing and Allocating Budget Estimates for Road Use Fees

The preparation and assignment of the budget for collecting road use fees are specifically guided by Circular 60 as follows:

Regarding the preparation of the budget for collection:

- Annually, based on the Circular stipulating the rates, policies on collection, submission, exemption, management, and use of road use fees issued by the Ministry of Finance; the unit assigned with the task of collecting road use fees prepares the collection budget at the same time as preparing the unit's budget estimate, and submits it to the Central Fund Management Council.- The Central Fund Management Council prepares the collection budget accompanied by a detailed explanation of the calculation basis; in which it determines the portion to be retained for the fee-collecting unit and the portion to be submitted to the central budget according to the prescribed policies, and submits it to the Ministry of Transport.- The Ministry of Transport reviews and incorporates the overall collection budget of the Central Fund into the annual State budget revenue and expenditure estimate of the Ministry, and submits it to the Ministry of Finance for inclusion in the annual central budget revenue allocation plan to be considered and decided upon by the competent authorities.

The assignment of the collection budget is stipulated by Circular 60 as follows:

- Based on the road use fee collection budget assigned by the competent authority, the Ministry of Transport assigns the road use fee collection budget to the Central Fund. The Central Fund Management Council assigns the road use fee collection budget to the unit tasked with collecting road use fees.

See details at Circular 60/2017/TT-BTC effective from August 1, 2017.

-Thao Uyen-

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