/ By Vietrans Admin / General • News/ • • • • / 0 Comments

PROPOSE TO REDUCE A SERIES OF FEES AND CHARGES

VCN- Implementing Decree 75/ND-CP on monthly Government’s meeting in Jun 2017, the Ministry of Finance has presented 5 draft Circulars on the reduction of fees and charge to remove difficulties for businesses and send to ministries and ministerial-level agencies, VCCI and People’s committees of provinces and cities under central authority for consultation.

propose to reduce a series of fees and charges
Fee for inspection of means of fire prevention and fighting shall reduce from 20% to 50%. Photo: the internet.

First of all, the Ministry of Finance has drafted a revised Circular No. 202/2016/TT-BTC on the rate, collection, submission, management, and use of the fees for the secured transaction. Specifically, the rate of fee for registration of the notice of collateral settlement shall reduce from 70,000 VND to 30,000 VND/application and the rate of fee for issuance of a copy of a certificate of secured transaction registration shall reduce from 30,000 VND to 25,000 VND/case.

In the draft revised Circular 227/2016/TT-BTC regulating the rate, collection, submission, management and use of the fees for inspection of means of fire prevention and fighting, the Ministry of Finance proposed that the rate of fee for inspection of all type of fire extinguishing agents, fire retardant materials and substances, personal protective clothing and equipment and instrument used for rescuing people shall reduce from 20% to 50% depending on each type of instrument.

The Ministry of Finance has proposed to reduce 10% of fee rate for notarization of contracts for buying and selling property at auction in draft revised Decree No. 257/2016/ TT-BTC on the rate, collection, submission, management and use of fees for notarial and authentication service, fees for verification of eligibility for practicing as a notary, fees for verification of eligibility for operating private notary office and charges for processing of applications for notary card.

In addition, the Ministry of Finance has drafted revised Circular 245/2016/TT-BTC regulating the rate, collection, submission, management, and use of the fees for verification of business conditions in verification of technical safety standards; training on occupational safety and hygiene. The Ministry has proposed to reduce 5% of fee rate for these fees.

In the revised Circular No. 202/2016/TT-BTC on the rate, collection, submission, management and use of the fees for secured transaction, the Ministry of Finance expected to reduce the rate of fee for registration of the notice of collateral settlement from 70,000 VND to 30,000 VND/application and the rate of fee for issuance of a copy of a certificate of secured transaction registration from 30,000 VND to 25,000 VND/case.

On 31 August 2017, the Ministry of Finance consulted about 3 circulars on fees and charges in the field of veterinary and food safety quality management with the purpose of reducing costs for businesses.

By Hong Van/Ngoc Loan

Source: http://customsnews.vn/

/ By Vietrans Admin / General • News/ • • • • • • / 0 Comments

HUNDREDS OF CARS AND MOTORCYCLES ARE ADDED TO THE REGISTRATION FEE CALCULATION TABLE

VCN- On 24th May 2017, the Ministry of Finance issued Decision No. 942 / QD-BTC amending and supplementing the list of registration fee calculation, issued with Circular No. 304/2016/TT- BTC.

hundreds of cars and motorcycles are added to the registration fee calculation table
The MCLAREN 650S SPIDER has the highest registration fee of 22.02 billion vnd.

In the imported vehicles which have been added, the MCLAREN 650S SPIDER has the highest registration fee of 22.02 billion vnd, followed by BENTLEY FLYING SPUR with 19.5 billion vnd; and MCLAREN 570S with 12.57 billion vnd.Accordingly, the Ministry of Finance has supplemented the registration fee calculation price of 135 types of imported cars of 9 seats or less; 19 types of cars of 9 seats or less assembled domestically; 2 types of imported electric cars; 2 types of 4 wheel vehicles with engines built and assembled domestically; 29 types of imported two-wheel motorcycles; and 127 types of two-wheeled motorcycles produced and assembled domestically.

Some imported new cars have been added in this price list such as Audi Q7 3.6 QUATTRO with 2.734 billion vnd; AUDI A7 SPORTBACK 3.0 TFSI QUATTRO with 3.427 billion vnd; BMW X6 xDRIVE 35i M SPORT with 3.446 billion vnd; CHEVROLET CORVETTE STINGRAY COUPE 2LT Z51 with 5.06 billion vnd; FORD F150 LARIAT with 3.65 billion vnd; JAGUAR XJL AUTOBIOGRAPHY with 11.086 billion vnd; LAND ROVER DISCOVERY HSE LUXURY with 4.68 billion vnd, and LEXUS RX350 F SPORT AWD with 4.15 billion vnd.

In addition, the Ministry of Finance has amended the registration fee rates for 27 types of imported cars of 9 seats or less, 3 types of cars of 9 seats or less assembled domestically; 3 types of imported two-wheel motorcycles; 7 types of two-wheeled motorbikes produced or assembled domestically.

This price list is amended and supplemented because the emergence of automobiles and motorbikes has not been yet regulated in the price list issued by the Ministry of Finance.

In addition, other contents are still implemented in accordance with Circular 304. In fact, the actual price of transfer of cars and motorbikes in the market is lower than the price for calculation of registration fee issued by the Ministry of Finance, so the registration fee calculation price is the price in accordance with the price list issued by the Ministry of Finance.

In the case where at the time of submitting registration fee declarations, the actual transfer price of automobiles and motorbikes on the market shall be 20% or higher than the current price list currently applied in registration fee calculation prices as specified in the price list issued by the Ministry of Finance, the tax office shall base on the registration fee of automobiles and motorcycles already available at the price table and at Point a, Clause 3, Article 3 of the Minister of Finance’s Circular No. 301/2016 / TT-BTC of 15th November 2016 to determine the registration fee calculation price as prescribed.

In the case where automobiles and motorbikes have not been yet prescribed in the price index promulgated by the Ministry of Finance, the Tax Department shall notify the local Tax Branches about the prices for registration fee calculation applicable uniformly in the localities.

This decision has been formally adopted by 24th May 2017.

By Hong Van/ Hoang Anh

Source: http://customsnews.vn/