Decree 112/2024/ND-CP on rice cultivation land was issued, stipulating the payment procedure to receive the missing area of dedicated rice cultivation land or enhance the efficiency of using rice cultivation land in Vietnam
Payment procedure to receive the missing area of dedicated rice cultivation land or enhance the efficiency of using rice cultivation land in Vietnam (Image from the Internet)
Rice cultivation land is land cultivated with at least one rice crop or used for rice farming in combination with other lawful land uses with rice farming being the primary use. Rice cultivation land includes dedicated rice cultivation land land and remaining rice cultivation land. dedicated rice cultivation land land is land used for growing two or more wet rice crops per year. According to Article 13 Decree 112/2024/ND-CP, payment for the state to supplement the lost area of dedicated rice cultivation land land or enhance the efficiency of using rice cultivation land is carried out in the following steps:
- Step 1: The individual or entity assigned or leased land by the state for non-agricultural purposes within 07 days from the date of receiving the land assignment or lease decision from the competent state agency must send a Land Area Declaration of dedicated rice cultivation land land to the district-level or provincial-level natural resources and environment authority (for projects with dedicated rice cultivation land land in two or more districts) to request determination of the dedicated rice cultivation land land area liable for payment, using the form in Appendix XI attached to Decree 112/2024/ND-CP.
Within 07 days from the date of receiving a valid Land Area Declaration, the natural resources and environment authority will assess the Declaration and issue a confirmation document specifying the dedicated rice cultivation land land area liable for payment, using the form in Appendix XII attached to Decree 112/2024/ND-CP, and send it to the finance agency of the same level to determine the amount of money to be paid.
- Step 2: Within 05 days, the finance agency of the same level will, based on the confirmation document of the dedicated rice cultivation land land area from the natural resources and environment authority and the price list of rice cultivation land at the time of land use conversion determined by the provincial People's Committee, calculate the amount of money to be paid using the form in Appendix XIII attached to Decree 112/2024/ND-CP and send it to the natural resources and environment authority and the individual or entity assigned or leased land.
- Step 3: Within 30 days, the individual or entity assigned or leased land must pay the determined amount to the treasury as notified by the finance agency.
- Step 4: After 30 days from the date of the finance agency's notification; if the individual or entity assigned or leased land has not paid or has not fully paid the amount to supplement the lost area of dedicated rice cultivation land land or enhance the efficiency of using rice cultivation land, they must pay an additional late payment interest. The late payment interest and the time for calculating the late payment interest are specified as follows:
+ The late payment interest is calculated at 0.03% per day on the unpaid amount for the state to supplement the lost area of dedicated rice cultivation land land or enhance the efficiency of using rice cultivation land;
+ The time for calculating the late payment interest starts continuously from the following day after the money is due until the day before the full amount is deposited into the state budget;
+ The payer calculates the late payment interest according to the two points above and pays it into the state budget as stipulated. The payer will be exempt from late payment interest in case of force majeure such as physical damage due to natural disasters, calamities, epidemics, fires, or unexpected accidents.
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