Thùy Trang
On March 21, 2023, the Minister of Finance of Vietnam promulgated Circular No.
18/2023/TT-BTC on procedures for collecting, paying fines, and offsetting differences in fine payment, fine collection receipts, and state budget funding for operational assurance of units imposing fines for administrative violations.
According to the Circular, cases of exemption from late fine payment interests are as follows:
- During the period of postponing the enforcement of a decision on the imposition of fines for administrative violations;
- During the period of considering or deciding on the reduction or exemption from the remaining payable fines or permitting payment in installments. (new regulation).
Additionally, the Circular's guidelines on determining the date of fine payment are as follows:
- In the case of direct cash payment: the date of fine payment is the date written on the receipt issued by the State Treasury or a commercial bank where the State Treasury has opened an account or by the public postal service provider or authorized fine collector;
- In the case of payment by bank transfer: the date of fine payment is the date the fine payer receives the notification of the successful transfer of the fine.
See more details in Circular No. 18/2023/TT-BTC, which comes into force as of May 5, 2023 and replaces Circular No. 153/2013/TT-BTC and Circular No. 105/2014/TT-BTC.
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