Circular 08/2018/TT-BTC has been issued by the Ministry of Finance stipulating the rates, policies for collection, submission, management, and use of fees in chemical activities. This document replaces Circular 170/2016/TT-BTC.
According to Circular 08, the management and use of chemical usage fees must adhere to the following regulations:
- The fee-collecting organization must remit all collected fees to the state budget. The costs incurred for fee collection shall be arranged by the state budget.- In cases where the fee-collecting organization has fixed operating costs, they are entitled to retain 90% of the total collected fees to cover the fee collection expenses as stipulated in Clause 2, Article 5 of Decree 120/2016/ND-CP. The remaining 10% must be remitted to the state budget.
For further regulations, refer to Circular 08/2018/TT-BTC, effective from March 12, 2018, replacing Circular 170/2016/TT-BTC.
- Thanh Lam -
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