VIETNAM CHAMBER OF COMMERCE AND INDUSTRY
Liên Đoàn Thương Mại Và Công Nghiệp Việt Nam
The prices to calculate granting mineral mining right should also be proportional to the price of the product. In the localities where the price such as sand and gravel 1x2 is from VND 250,000 / m3 to VND 500,000 / m3, the prices to calculate granting mineral mining right will increase correspondingly from VND 50,000 / m3 to VND 70,000 / m3. As in Nghe An Province, the above prices do not change. It is therefore recommended that the Ministry of Finance - Ministry of Natural Resources and Environment are based on the market demand of each region to apply rather than scratch the same.
Price of many kinds of stone products such as granite, sawn stone, gold sand, soil for leveling works and ore products are too high, be not suitable with the current market situation. It is recommended that the Prime Minister, the Ministry of Finance and the Ministry of Natural Resources and Environment to study and adjust them to suit the markets in each region and locality throughout the country. In immediately time, the implementation of this Circular should be suspended.
Particularly in Nghe An and some mountainous midland provinces, the demand is not large, so the production and business are difficult, the products are not sold. Therefore, some products such as gold sand is currently only VND 100,000 / m3. Stone 1x2 is just under 180,000 VND / m3 ..
In the Circular, provisions on adjusting taxable royalty price bracket appled to all provinces and cities throughout the country, the provision of equality between the same regions is not suitable and easily lead to the bankruptcy of enterprises, it is proposed that the implementation of Circular 44/2017 / TT-BTCv should be suspended.
- Regarding royalty tax: Since the Law No. 45/2009 / QH12 has been adopted by the 12th National Assembly and come into effect from 1 July 2010, the tariff has changed and increased at a high rate. through resolutions of the National Assembly (the Resolution No. 98/2010 / UBTVQH12,the Resolution No.812 / 2013 / UBTVQH13, the Resolution No. 1084/2015 / UBTVQH13). Based on those, the taxable price with the increasing tax rate, the mineral business enterprises have been subjected to a lot of pressure, together with the taxable price in each locality is also highly rising, many items that have the taxable price higher than the actual selling price. In Nghe An Province, the tariffs for minimum royalty tax are continuously adjusted (the Decision 29/2010-UBND dated April 29, 2010, the Decision No. 23/2013 / QD-UBND dated April 22, 2013 , the Decision No. 75/2014 / QD-UBND dated October 17, 2014).
In addition, the company must pay a large amount beyond the endurance for granting mineral mining rights as stipulated in Decree 203/2013 / ND-CP dated October 28, 2013 of the Government stipulating the method of calculating the level of the right to exploit minerals. Since then, these have caused a lot of losses in production and business, there are many businesses in our association have had to shut down their production, Some businesses that have capacities can only hold to survive or try to keep their losses less and wait for opportunities. Employment of employees has been declining, employment rates have been rising; product costs are increasing double, competitiveness with other countries in the region is declining. The impact of financial resources’degradation that ecological environment rehabilitation companies are also affected, it is not because of sense of responsibility to the environment but because of lack of funds to balance. Therefore, we would like to request the central agencies to amend and supplement for conformity.
- Regarding minerals export taxes: the taxable basis is stipulated in Decree No. 50/2010 / ND-CP dated May 14, 2010: "For exploited resources are not sold in the country but are exported, it is the export price of the natural resources product unit (FOB); In cases where exploited natural resources are both domestically consumed and / or exported, domestic consumption shall be the sale price of a natural resource product unit, exclusive of value added tax, for the export portion is the export price " This is inadequate, unfair when calculating taxes, which increases the cost of processed and exported minerals. Has not calculated and put on the price of raw mineral products.
