Enjoy up to 50 million when the news of Administrative Violations

This is the content specified in Circular No. 105/2014 / TT-BTC dated 08.07.2014 of the Ministry of Finance amending and supplementing a number of articles of Circular No. 153/2013 / TT-BTC 10.31.2013 regulations on procedures for collection and payment of fines, penalties and receipts of funds from the State budget to ensure the operation of the forces of administrative sanctions

                                                                                           
Accordingly, private sellers administrative violations may receive a maximum of 10% of the proceeds of fines and material evidences and means of confiscation for State funds (if any) for each administrative violation cases. Purchase of this amount shall not exceed 05 million or 50 million for administrative violations in the field of environmental protection, anti-smuggling, commercial fraud and counterfeiting.

According to this circular, the State Treasury, commercial banks in the State Treasury authorized to collect fines shall be responsible for the decision to sanction base and dates to the late payment penalty and levy fines for late payment of cash value of 1,000 contracts or more. Time late payment charge is 10 days (including holidays, weekends) after delivery sanctioning decisions or the date the decision was properly delivered by mail. Where organizations or individuals sanctioned no confirmed delivery date or fail to present day sanctioning decisions are properly delivered and not intentional decision not receive sanctions on late payment charge after 12 days from the date of sanctioning decisions (including holidays, weekends).

This Circular takes effect from the date 01.10.2014.