Fines of up to 100 million for violations of transporting, trading and exchanging petrol and oil across the border in Vietnam

Fines of up to 100 million for violations of transporting, trading and exchanging petrol and oil across the border in Vietnam (Internet image)

Article 31 of Decree 99/2020/ND-CP stipulates penalties for violations against regulations on cross-border transport, trading in and exchange of petrol and oil in Vietnam as follows:

1. Fines for transporting, trading and exchanging petrol and oil across the border or from a non-tariff zone to inland or vice versa against the law are as follows:

- A fine ranging from VND 5,000,000 to VND 10,000,000 shall be imposed if the petrol and oil involved in the violation is worth less than VND 10,000,000;

- A fine ranging from VND 10,000,000 to VND 20,000,000 shall be imposed if the petrol and oil involved in the violation is worth from VND 10,000,000 to less than VND 30,000,000;

- A fine ranging from VND 20,000,000 to VND 40,000,000 shall be imposed if the petrol and oil involved in the violation is worth from VND 30,000,000 to less than VND 50,000,000;

- A fine ranging from VND 40,000,000 to VND 60,000,000 shall be imposed if the petrol and oil involved in the violation is worth from VND 50,000,000 to less than VND 70,000,000;

- A fine ranging from VND 60,000,000 to VND 80,000,000 shall be imposed if the petrol and oil involved in the violation is worth from VND 70,000,000 to less than VND 100,000,000.

2. A fine ranging from VND 80,000,000 to VND 100,000,000 shall be imposed for the violation in Clause 1 of this Article if the petrol and oil involved in the violation is worth VND 100,000,000 or more but no criminal prosecution is brought.

In addition to the fine, the exhibit used for committing the violation shall be confiscated; the vehicle used to transport petrol and oil across the border shall be confiscated if the exhibit is worth VND 100,000,000 or more.

More details can be found in Decree 99/2020/ND-CP, issued on August 26, 2020.

Le Vy

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