How to calculate direct costs in coastal public information service price in Vietnam

How to calculate direct costs in coastal public information service price in Vietnam
Võ Ngọc Nhi

Minister of Transport of Vietnam issued Circular 31/2022/TT-BGTVT dated December 7, 2022, guiding the price of coastal public non-business services using state budget funds from regular funding sources, made by the order method.

According to Vietnam's Circular 31/2022/TT-BGTVT, the calculation of direct costs in the price structure of coastal public information services is as follows:
 
CTT = CVL + CNC + CKH + CSC + CTTK
 
In which, direct costs (CTT) of coastal public information services include:
 
- Cost of raw materials, materials, tools, tools, fuel, direct energy (CVL);
 
- Direct labor costs (CNC);
 
- Direct fixed asset depreciation expense (CKH);
 
- Fixed asset repair costs 2 directly serving the coastal information system (CSC)
 
- Other direct expenses (CTTK).
 
In addition, there are also instructions on the formula for calculating other costs, including:
 
- General cost (CC) = CNC (x) %
 
- Profitability (L) = (CTT + CC) x percentage
 
- Price of public administrative services before tax (GTT) = CTT + CC + L
 
- Value Added Tax (VAT) = GTT (x) MTS
 
- Price of public administrative services after tax (G) = GTT X TGTGT
 
More details can be found in Vietnam's Circular 31/2022/TT-BGTVT effective from February 15, 2023.

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