Instruction on Declaration and Payment of Fees and Charges in Inland Waterways

20:25, 10/07/2024

This content is detailed in Circular No. 198/2016/TT-BTC which stipulates the levels of collection, collection policies, payment, management, and use of fees and charges in the field of inland waterways and railways.

The declaration and payment of fees and charges in the field of inland waterways and railways are guided by Circular 198/2016/TT-BTC as follows:

- No later than the 5th of each month, the fee-collecting organization must transfer the fees collected in the previous month to the fee account awaiting submission to the state budget opened at the State Treasury.- The fee-collecting organization shall declare and pay the fees and charges collected on a monthly basis, and finalize them annually according to the guidance in Clause 3, Article 19, and Clause 2, Article 26 of Circular 156/2013/TT-BTC. The fee-collecting organization shall submit the fees collected according to the rate specified in Article 6 of Circular 198 and 100% of the charges collected to the state budget.- Fees and charges applied at inland waterway ports and terminals are collected in Vietnamese Dong (VND). In case foreign organizations or individuals pay fees and charges in foreign currency, they are collected in US Dollars (USD) at the buying exchange rate by wire transfer of the head office of the Joint Stock Commercial Bank for Foreign Trade of Vietnam at the time of paying the fees and charges or by the end of the working day immediately prior to the holiday or day off.

Details can be found in Circular 198/2016/TT-BTC, effective from January 1, 2017.

- Thanh Lam -

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