New Regulations on Valuation Costs in Criminal Proceedings

valuation costs, revaluation of assets; advance and payment procedures for valuation costs, revaluation of assets are stipulated in Circular 43 as follows:

1. Valuation costs, revaluation of assets; advance and payment procedures for valuation costs, revaluation of assets are implemented according to the provisions of the law on examination and valuation costs in legal proceedings.

2. The hiring of examination organizations, valuation enterprises is conducted according to the current legal provisions.

3. The payment for valuation costs, revaluation of assets is carried out as follows:

- Travel expenses, organization of asset valuation Council meetings: implemented according to the current legal regulations on travel policies and conference expenses policies;- Surveying prices, collecting information related to the assets to be valued; expenses for hiring examination organizations, hiring valuation enterprises: based on actual expenses incurred in each specific case on the basis of having sufficient contracts (if any) and invoices, documents according to legal regulations;- Stationery expenses, printing documents, storage costs, purchasing supplies and equipment, renting means for valuation work: implemented according to the above regulations;- Other expenses related to asset valuation: implemented according to the provisions of the law on examination and valuation costs in legal proceedings.

See more Circular 43/2018/TT-BTC effective from June 25, 2018, replacing Circular 55/2006/TT-BTC.

- Thanh Lam -

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