Decision No. 567/QD-BTC dated March 26, 2015 of the Ministry of Finance announcing the average electricity selling price used as taxable price of natural water resources used for hydropower generation

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Issuing body:	Ministry of Finance	Effective date:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Official number:	567/QD-BTC	Signer:	Do Hoang Anh Tuan
Type:	Decision	Expiry date:	Updating
Issuing date:	26/03/2015	Effect status:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Fields:	Electricity , Tax - Fee - Charge , Natural Resources - Environment

SUMMARY

INCREASE THE AVERAGE ELECTRICITY SELLING PRICE USED AS TAXABLE PRICE OF NATURAL WATER RESOURCES FROM MARCH 16

This is the important content prescribed at the Decision No. 567/QD-BTC dated March 26, 2015 of the Ministry of Finance announcing the average electricity selling price used as taxable price of natural water resources used for hydropower generation.

In particular, from March 16, 2015, the average electricity selling price used as the taxable price of natural water resources applied to hydropower-generating plants, which is applied from March 16, 2015, is VND 1,622.01/kWh, increased by VND 113.16/KWh compared with current regulations. In previous regulations, on August 16, the Ministry of Finance issued the Decision No. 2010/QD-BTC, increase the average electricity selling price used as taxable price of natural water resources used for hydropower generation from VND 1.437/KWh to VND 1.508,85/KWh from August 01, 2013.

This Decision takes effect on the signing date.

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Effect status: Known

THE MINISTRY OF FINANCE

Decision No. 567/QD-BTC dated March 26, 2015 of the Ministry of Finance announcing the average electricity selling price used as taxable price of natural water resources used for hydropower generation

Pursuant to Law on tax on severance of natural resources No. 45/2009/QH12 dated November 25, 2009 of the 6^th session of XII National Assembly;

Pursuant to Decree No. 50/2010/ND-CP dated May 14, 2010 of the Government on guidelines for Law on tax on severance of natural resources;

Pursuant to Circular No. 105/2010/TT-BTC dated July 23, 2010 of the Ministry of Finance on guidelines for Law on tax on severance of natural resources and guidance on implementation of Decree No. 50/2010/ND-CP dated May 14, 2010 of the Government on guidelines for Law on tax on severance of natural resources;

Pursuant to Decree No. 118/2008/ND-CP dated November 27, 2008 of the Government defining the functions, tasks, entitlements and organizational structure of the Ministry of Finance;

Pursuant to Decision No. 2256/QD-BCT dated March 12, 2015 of the Ministry of Industry and Trade on electricity prices;

At the request of Director of the General Department of Taxation,

DECIDES:

Article 1. The average electricity selling price used as the taxable price of natural water resources applied to hydropower-generating plants, which is applied from March 16, 2015, is VND 1,622.01/kWh.

Article 2. This Decision takes effect on the signing date and replaces Decision No. 2010/QD-BTC dated August 16, 2013 of the Minister of Finance. The Director of the General Department of Taxation, the Director of Department of Price management, Chiefs of units affiliated to the Ministry of Finance and relevant shall take responsibility for implementation of this Decision./.

For the Minister

The Deputy Minister

Do Hoang Anh Tuan

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Decision No. 567/QD-BTC dated March 26, 2015 of the Ministry of Finance announcing the average electricity selling price used as taxable price of natural water resources used for hydropower generation

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