On November 08, 2016, the Ministry of Finance promulgated Circular 197/2016/TT-BTC stipulating the rates, collection policies, remittance, management, and use of fees for the exploitation and use of meteorological and hydrological information and data.
Fees for exploiting and using hydrometeorological information and data are managed and used according to Circular 197/2016/TT-BTC as follows:
- The fee-collecting organization is allowed to retain 70% of the collected fees to cover the costs of providing services and collecting fees. The retained amount is managed and used according to Article 5 of Decree 120/2016/ND-CP.- The fee-collecting organization must submit 30% of the collected fees to the state budget. The time for fee submission is performed according to the guidance in Clause 2, Article 26 of Circular 156/2013/TT-BTC.
Additionally, Circular 197 also guides the fee declaration and submission by fee-collecting organizations as follows:
- No later than the 5th of every month, the fee-collecting organization must transfer the collected fees from the previous month into a fee account pending submission to the state budget opened at the State Treasury.- The fee-collecting organization must declare and submit the collected fees monthly, and settle annually according to the guidance in Clause 3, Article 19 of Circular 156/2013/TT-BTC.
For details, see Circular 197/2016/TT-BTC, effective from January 1, 2017.
- Thanh Lam -
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