Circular No. 161/2015/TT-BTC on standards for storage costs and loss rates for national reserve goods directly managed by the State General Reserve Corporation.

CIRCULAR

Provisions on storage cost standards and loss standards for national reserve goods directly managed by the State General Reserve Administration.

national reserve goods directly managed by the National Reserve Corporation of Vietnamintention

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Pursuant to the Law on Construction number 50/2014/QH13 amended and supplemented by Law number 03/2016/QH14, Law number 35/2018/QH14, Law number 40/2019/QH14 and Law number 62/2020/QH14;

Pursuant to the Law on National Reserves No. 22/2012/QH13 dated November 20, 2012;

Pursuant to the Government Decree No. 94/2013/NĐ-CP dated August 21, 2013 detailing the implementation of the Law on National Reserves;

Pursuant to Decree No. 215/2013/NĐ-CP dated December 23, 2013, promulgated by the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

At the proposal of the Director General of the State Treasury Administration;

The Minister of Finance shall issue a Circular to stipulate the storage cost standards and loss standards for national reserve goods directly managed by the State General Reserve Administration.

Article 1. Scope of Regulation and Applicability

1. Scope of Regulation: This Circular sets forth the storage cost standards for foodstuffs, materials, rescue equipment, industrial mobilization materials, and white salt in the national reserve, as well as the loss standards for foodstuffs in the national reserve directly managed by the State General Reserve Administration.

2. Applicability: The storage cost standards for national reserve goods and the loss standards for foodstuffs in the national reserve directly managed by the State General Reserve Administration shall apply to relevant agencies, organizations, and individuals involved in the management and storage of national reserve goods.

Article 2. Content of Cost Standards

1. Storage cost standards for national reserve goods directly managed by the State General Reserve Administration are set out in the attached annex, including:

a) Initial storage standard (new) for paddy and rice refers to the costs used for a unit of goods first entering the national reserve warehouse using entirely new PVC film.

b) Initial storage standard (supplementary) for paddy and rice refers to the costs used for a unit of goods first entering the national reserve warehouse but with part of the PVC film reused after one storage cycle.

2. Loss standard for fully sealed stored rice (supplemented with CO2, N2, anaerobic conditions):

a) Storage period under 12 months: 0.050%.

b) Storage period from 12 to 18 months: 0.058%.

c) Storage period over 18 months: 0.066%.

3. Loss standard for bagged paddy stored under low pressure conditions in four regional National Reserve Bureaus including Ho Chi Minh City, Cuu Long, West South, and East South regions:

4. Loss standard for bulk-stored paddy and bagged paddy stored under low pressure conditions applicable to other regional National Reserve Bureaus:

5. Storage cost standards for national reserve goods directly managed by the State General Reserve Administration include expenses directly related to initial storage, periodic storage, regular storage, specifically:

Material costs for storage work: electricity, water, office supplies, labor protection, storm-proof tarpaulins, fire prevention and extinguishing; loading and unloading costs, fumigation costs, packaging costs, lowering costs, rental costs for handling equipment, hazardous substance allowances; environmental treatment costs; training, inspection, and testing costs for storage work; purchasing and repair costs for tools and equipment for storage work; meal costs during breaks; printing costs for documents; management costs for standards and other related costs.

Based on the content of the standards stipulated in this Circular, the Director of the State General Reserve Administration shall be responsible for setting expenditure levels for relevant items that fit the management conditions but ensure they do not exceed the general standards already established.

Article 3. Application of Loss Rates

The storage cost standards and foodstuff loss standards stipulated in Article 2 of this Circular shall be applied as a basis for budget planning and cost management, implementing the national reserve goods storage plan starting from the 2016 fiscal year.

For the 2015 fiscal year, the storage cost standards and loss standards for national reserve goods directly managed by the State General Reserve Administration shall continue to be applied according to the provisions of Circular No. 185/2011/TT-BTC dated December 19, 2011, Circular No. 05/2011/TT-BTC dated January 13, 2011, and Circular No. 207/2010/TT-BTC dated December 15, 2010 issued by the Ministry of Finance. Specifically, for naturally ventilated stored paddy, the regular storage standard will still be applied according to the provisions of Circular No. 185/2011/TT-BTC dated December 19, 2011 issued by the Ministry of Finance, and the loss standard will be applied according to the provisions of Decision No. 03/2007/QD-BTC dated January 8, 2007 issued by the Minister of Finance until all stocks are exhausted.

Article 4. Organization of Implementation

1. This Circular takes effect from December 1, 2015.

2. This Circular abolishes:

a) Circular No. 185/2011/TT-BTC dated December 19, 2011 issued by the Ministry of Finance stipulates the storage cost standards for foodstuffs, materials, and equipment in the national reserve directly managed by the State General Reserve Administration.

b) Circular No. 05/2011/TT-BTC dated January 13, 2011 issued by the Ministry of Finance establishes the storage standard for fire pump equipment in the national reserve.

c) Circular No. 207/2010/TT-BTC dated December 15, 2010 issued by the Ministry of Finance sets forth the loss standard for bulk-stored paddy under low pressure conditions directly managed by the State General Reserve Administration.

d) Decision No. 03/2007/QD-BTC dated January 8, 2007 issued by the Minister of Finance establishes the loss standard for paddy stored in the national reserve directly managed by the National Reserve Bureau.

3. The Director of the State General Reserve Administration and the Heads of units involved in managing national reserve goods are responsible for organizing the implementation of this Circular./.