Legal Counselling

Guidance on statement and payment of licenses assessment fees for issuance of electricity operating license

17:55, 01/11/2016

On October 26, 2016, the Ministry of Finance of Vietnam issued Circular No. 167/2016/TT-BTC on electricity operating licenses assessment fees, collection, transfer, management and use thereof.

According to Circular No. 167/2016/TT-BTC of the Ministry of Finance of Vietnam, statement and payment of licenses assessment fees for issuance of electricity operating license are prescribed as follows:

- No later than every 5th, the collecting entity shall deposit the amount of fees collected last month to the account of fees pending transfer to the State budget opened at a State Treasury.

- The collecting entity shall make monthly and annual statements prescribed in Clause 3 Article 19 and pay fees as prescribed in Clause 2 Article 26 of Circular No. 156/2013/TT-BTC on guidelines for the Law on Tax administration; Law on amendments to the Law on Tax administration and Decree No. 83/2013/NĐ-CP of Vietnam’s Government.

Also according to Circular No. 167/2016/TT-BTC, the Electricity Regulatory Authority and Services of Industry and Trade of provinces or central-affiliated cities shall collect, transfer, manage, and use assessment fees.

View more details at Circular No. 167/2016/TT-BTC of the Ministry of Finance of Vietnam, effective from January 01, 2017.

- Thanh Lam -

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

16 lượt xem

- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn