Title: Circular 59/2016/TT-BTC dated March 29, 2016 of Ministry of Finance guiding the collection, payment, management, and use of fees at inland ports and wharves

Type: Circular

Issuing Agency: Ministry of Finance

Responsible Agency: Ministry of Finance

Issuing Date: 29-03-2016

 

Circular No. 59/2016/TT-BTC stipulates the collection, payment, management, and use of fees at inland ports and wharves.

Accordingly, this Circular highlights some remarkable points as follows:

- The fee collector shall be responsible for paying 100% of total collected fees to the state budget according to the current list of state budget.

- The inland waterway port authorities (including those empowered or authorized by relevant agencies) running inland ports and wharves can retain 100% of the collected fees to pay for operations of the fee collecting body as stipulated at Clause 5 Article 5 of this Circular.                                                             

- The maritime port authorities (including those empowered or authorized by relevant agencies) running inland ports and wharves can keep 50% of the collected fees to pay for operations of the fee collecting body as defined at Clause 5 Article 5 of this Circular. They shall be responsible for paying 50% of the collected fees to state budget according to the current list of state budget.

- Other agencies (if any) authorized to run inland ports and wharves can hold 100% of the collected fees to pay for operations of the fee collecting body as specified at Clause 5 Article 5 of this Circular.

- In case the inland port and maritime authorities, and others (if any) authorized to run inland ports ad wharves obtain the amount of fees larger than the approved expenditure estimate, the difference between revenues and approved expenditure estimate shall be dedicated to state budget.

- For the maritime port authorities responsible for inland ports and wharves, 50% of the collected fees shall be kept and integrated into total fees at the disposal of the maritime port authorities. The Vietnam Maritime Administration undertakes to balance the retained expenditure for the maritime port authorities according to regulations.

 

 

Download Vietnamese: Circular 59/2016/TT-BTC dated March 29, 2016 of Ministry of Finance guiding the collection, payment, management, and use of fees at inland ports and wharves