Circular No. 24/TC-KBNN guiding the centralized management regime for state budget revenues through the State Treasury

CIRCULAR

Guidelines for centralizing and managing state budget revenues through the State Treasury

The State through the State Treasury

Pursuant to Decree No. 87/CP dated December 19, 1996 of the Government guiding the implementation of the decentralization of management, preparation, execution, and settlement of the state budget, the Ministry of Finance guides the regime for centralizing and managing state budget revenues through the State Treasury as follows:

A- GENERAL PROVISIONS

1. All state budget revenues must be deposited into the State Treasury in the form of cash, payment drafts, or transfers. For certain fees, charges, taxes from non-fixed business households, and certain state budget revenues at the commune level, where direct deposit into the State Treasury is difficult, the revenue collection agencies may collect cash or payment drafts but must deposit them fully and promptly into the State Treasury in accordance with the provisions of this Circular.

2. Revenue collection agencies (State Tax, Customs, Finance, and other agencies authorized by the Government or delegated by the Ministry of Finance) shall cooperate with the State Treasury to organize the management and centralization of state budget revenues, regularly checking and reconciling to ensure that all state budget revenues are fully and promptly centralized into the state budget fund.

3. Organizations and individuals, including foreign organizations and individuals operating within the territory of the Socialist Republic of Vietnam, have the responsibility and obligation to pay all taxes, fees, charges, and other revenues into the state budget in full and on time as prescribed by law. It is strictly prohibited for any level of government, organization, or individual to retain state budget revenues or establish extrabudgetary funds contrary to regulations.

4. All state budget revenues shall be recorded in Vietnamese Dong according to the fiscal year, each level of the budget, and the State Budget Item List. State budget revenues in foreign currency, goods, or labor days shall be converted into Vietnamese Dong based on the exchange rate for foreign currency, the price of goods, or the value of labor days as prescribed by the competent authority for recording state budget revenues.

5. Based on the sources of revenue for each level of the budget and the ratio of revenue distribution among levels of the budget as prescribed, the State Treasury shall implement the accounting and allocation of revenues into the state budget funds at each level, ensuring accurate, complete, and timely reflection of state budget revenues according to the decentralized management and the State Budget Item List.

6. During the process of centralizing and managing state budget revenues, if there are revenues collected incorrectly and centralized into the state budget, they must be refunded; based on the refund decision of the financial agency, the State Treasury shall execute the withdrawal of the state budget fund to return to the relevant parties according to the fiscal year, decentralized management, and the State Budget Item List.

B - SPECIFIC PROVISIONS 

I - PREPARATION OF STATE BUDGET REVENUE ESTIMATES:

Based on the annual revenue tasks assigned and the expected revenue sources arising in the quarter, the revenue collection agencies prepare quarterly revenue estimates broken down by economic sector, geographic area, and detailed by the main revenue targets directly deposited at the State Treasury and collected through revenue collection agencies, which are sent to the financial agency and the State Treasury for monitoring and implementation.

The tax agency prepares revenue estimates for taxes, fees, and charges (excluding export taxes and import taxes) and other revenues under its jurisdiction.

The customs agency prepares revenue estimates for export taxes, import taxes (including special consumption taxes on imported goods via land borders), and other revenues under its jurisdiction.

The finance agency and other authorized revenue collection agencies prepare revenue estimates for the remaining state budget revenues.

II. ORGANIZATION OF STATE BUDGET REVENUE COLLECTION:

II - ORGANIZATION OF STATE BUDGET REVENUE COLLECTION:

1.1. Revenue notification:

Based on the tax declaration and other amounts payable to the state budget of the payer as prescribed by law, the revenue collection agency checks and determines the amount of tax and other amounts payable to the state budget and issues a revenue notification to the payer. In the revenue notification, each revenue item must clearly specify the chapter, type, section, sub-section, and sub-subsection according to the State Budget Classification.

Based on the tax declaration and other amounts payable to the state budget of the payer as prescribed by law, the revenue collection agency checks and determines the amount of tax and other amounts payable to the state budget and issues a state budget revenue notice to the payer, simultaneously sending it to the State Treasury at least three days before the payment deadline.

The state budget revenue notice (referred to as the revenue notice) is printed and uniformly issued and managed nationwide by the Ministry of Finance (General Department of Taxation).

If the organization or individual has not fulfilled their payment obligations beyond the payment deadline specified in the revenue notice, the tax agency, customs agency for late payments of taxes and fees, and the finance agency for late payments of other revenues may request the bank or State Treasury to deduct the amount due from the account of the organization or individual (in cases where they have an account with a bank or State Treasury) and may apply the measures provided by law to collect for the state budget (Attachment Model Order for Collection of State Budget Revenues No. 01/TNS).

Enterprises that have been decided to be dissolved and are in the phase of handling residual matters.

Enterprises facing objective difficulties, permitted by the competent authority as stipulated in Point 3, Article 43 of Decree No. 87/CP dated December 19, 1996, to submit to the People's Committee at the same level (for enterprises established by localities) or the Prime Minister (for enterprises established by the Central Government) to delay payment.

Enterprises facing objective difficulties, as stipulated in Point 3 of Article 43 of Decree No. 87/CP dated December 19, 1996, may submit applications to the People's Committee at the same level (for enterprises established by localities) or the Prime Minister (for enterprises established by the central government).

1.2. Payment receipt into the State Budget:

1.2. Payment Receipts for Depositing Money into the State Budget:

Payment receipts for depositing money into the state budget (in cash or transfer) are revenue collection documents printed and uniformly managed nationwide by the Ministry of Finance (General Department of Taxation) according to the attached model in this circular, including the following main contents:

Business field and industry

Business field and industry.

Content of payment and date of payment.

Place of payment.

Amount paid (in figures and in words).

2. Methods of collecting state budget revenues:

2.1. Taxes, fees, and levies:

a. Collection through the State Treasury:

a) Through the State Treasury:

Directly paid taxes, fees, and charges at the State Treasury include the following entities:

State-owned enterprises, foreign-invested enterprises, joint-stock companies, limited liability companies, joint ventures, and associated enterprises, and other economic organizations with legal person status.

Collective economic organizations and individual businesses with fixed business locations and large revenue submission amounts classified as types A and B.

Depending on the actual situation in the locality, the revenue collection agency shall coordinate with the State Treasury to allow individual businesses classified as type C and some other entities to directly deposit their state budget payments into the State Treasury when conditions permit.

Upon receiving notification for collection, organizations and individuals with payment obligations shall fully pay all amounts due to the State budget to the National Treasury under the form of cash payment, bank drafts, or transfer.

The National Treasury is responsible for collecting and consolidating payments into the State budget.

b) Through the revenue collection agency:

Taxes, fees, and charges... submitted through collection agencies include:

Taxes, fees, and charges from non-fixed contributors.

Households with small income levels classified as type C (without conditions to directly submit payments to the National Treasury).

Agricultural land use tax, revenues from communal areas, and border crossings where there are no collection points of the National Treasury.

Collection agencies are responsible for collecting payments in cash or bank drafts from contributors and submitting the full amount collected to the National Treasury.

2.2. For revenues from state economic activities, public services, land use fees, proceeds from the sale or lease of state-owned assets at administrative and public service units...: must be directly submitted to the National Treasury (or collection agency) according to the notification of the collection agency.

2.3. For fines, based on the penalty decision of the competent authority, the penalized parties are responsible for paying the fine to the National Treasury. In special cases (fines collected at borders, islands, at sea,...) where direct submission to the National Treasury is difficult, the authority issuing the penalty may collect the fine directly and submit the entire amount collected to the National Treasury.

2.4 Revenues from domestic borrowing and foreign borrowing:

Domestic loans in the form of government bond issuance (including funds raised for the central budget and provincial budgets for investment in infrastructure projects as decided by the Prime Minister): The National Treasury organizes the issuance of bonds according to prescribed regulations and transfers the loan amount into the state budget fund.

For other domestic loans (temporary advances from the State Bank for the central budget and other loans): based on loan transfer documents, the National Treasury processes the recording of revenue into the state budget.

For foreign borrowings (those recorded in the state budget):

For loans in foreign currency (foreign currency transferred to the centralized foreign exchange reserve), based on transfer documents, the National Treasury converts the amount into Vietnamese Dong at the accounting exchange rate published by the Ministry of Finance at the time of transfer and processes the recording of revenue into the state budget.

In case the loan is not transferred to the centralized foreign exchange reserve, based on the notification of the Ministry of Finance, the National Treasury converts the amount into Vietnamese Dong at the accounting exchange rate and processes the recording of revenue and expenditure into the state budget.

For loans in the form of materials, equipment, goods: are converted into Vietnamese Dong for state budget accounting according to the provisions at point B.H.3.3 of this Circular.

2.5. For temporary advances from the financial reserve fund, additional revenues from higher-level budgets,...: based on the decision of the competent authority, the National Treasury records revenue into the state budget.

For budget surplus revenues: based on the approved final accounts of the state budget by the competent authority, the National Treasury transfers the surplus into the financial reserve fund or into the next year's revenue according to prescribed regulations.

2.6. For revenues of organizations and individuals of Vietnamese nationality abroad, and revenues of village budgets: the Ministry of Finance will issue separate guidelines.

3. Collection process for state budget revenues:

3.1 Collection in Vietnamese dong:

3.1.1 Collection by transfer:

When submitting state budget revenues via transfer, the payer prepares five copies of the State Budget Payment Form by Transfer (Form 03/TNS attached), retains one original copy and sends four copies to the bank or National Treasury where the account is opened to request the deduction and transfer of the amount payable from the payer's account to the state budget.

The bank or National Treasury where the payer has an account is responsible for deducting the deposit account of the unit to pay the state budget immediately upon receipt of the document, signing confirmation on four copies of the State Budget Payment Form by Transfer and processing the following documents:

One copy is used as a debit document for the payer's deposit account, retained at the bank or National Treasury where the payer opens the account.

One copy serves as a notice of debt to the payer.

One copy is sent to the collection agency.

One copy is sent to the National Treasury along with a list of payments for state budget submissions (for cases where the payer has an account at a bank).

Upon receiving the payment list and accompanying documents from the bank, the National Treasury processes the recording of state budget revenue.

3.1.2 Collection in cash or payment orders:

a- Direct collection through the National Treasury:

Based on the collection notification, staff of the collection agency (Tax, Customs,...) guide the payer to fill out four copies of the State Budget Payment Form by Cash or Bank Draft (Form 02/TNS attached) according to the correct State Budget Directory, check and sign confirmation on the payment forms, retain one copy (retained at the original location), and the remaining three copies the payer brings to the National Treasury.

The payer must bring cash or bank drafts along with three copies of the payment form to the National Treasury collection point to complete the payment procedure.

The National Treasury checks, matches, collects the money, signs, and stamps the payment received on the three copies of the payment form:

One copy is returned to the payer.

One copy is sent to the collection agency (at the end of the day with a list of collections).

One copy is retained by the National Treasury as a record for state budget revenue accounting.

b- Collection through the collection agency:

Staff of the collection agency (Tax, Customs,...) guide the payer to fill out four copies of the payment form according to the correct State Budget Directory. After checking the payment form, the staff of the collection agency completes the payment procedure, stamps the payment received, and signs confirmation on the payment forms:

One copy is retained at the original location.

One copy is returned to the payer.

One copy serves as an accounting document at the collection agency.

One copy is sent to the National Treasury (sent together with a list of collections at the end of the day or the beginning of the next day along with the total amount paid into the National Treasury).

In cases involving small and non-fixed business households, the collection agency shall organize mobile collections. Staff from the collection agency (Tax, Customs, etc.) shall issue a receipt for payment consisting of three copies:

One copy is retained at the original location.

One copy to be sent to the payer.

One copy serves as a verification slip (used as evidence to prepare a list and payment voucher to deposit into the State Treasury).

Daily (at the end of the day or at the beginning of the next day), the collection agency will base on the list of receipts issued to prepare three copies of the payment voucher (one copy retained at the source) along with the list and all collected funds to deposit into the State Treasury. The State Treasury will collect the money, affix confirmation on each copy of the payment voucher, return one copy to the collection agency, retain one copy at the State Treasury together with the list used as accounting evidence for state budget revenue.

The State Treasury and the collection agency will not accept Vietnamese Dong, banknotes that do not meet circulation standards, or those that have exceeded their payment period.

3.2. Collection of state budget revenues in foreign currency:

3.2.1. Management Method:

State budget revenues in foreign currency (including loans and foreign aid in foreign currency), the State Treasury records centralized foreign currency fund (in original currency) while converting it into Vietnamese Dong according to the accounting exchange rate published by the Ministry of Finance for accounting purposes of state budget revenue and allocating the revenue among different levels of budget as prescribed.

Centralized foreign currency funds are uniformly managed at the Central State Treasury. Local budgets (provincial, district, commune) are not permitted to establish foreign currency funds. All foreign currency revenues generated at local State Treasuries must be transferred to the Central State Treasury. Foreign currency transfer fees are accounted for separately to settle with the state budget.

Centralized foreign currency funds are used to pay and disburse expenses in foreign currency as stipulated by the Ministry of Finance. Any remaining foreign currency, the Central State Treasury may sell to the State Bank or state-owned commercial banks for Vietnamese Dong to settle and disburse expenses in Vietnamese Dong. Any difference between the exchange rate for purchasing foreign currency by the bank and the accounting exchange rate, the State Treasury will remit to the central government budget (if there is an increase) or receive compensation from the central government budget (if there is a decrease). Monthly, the Central State Treasury will compile the exchange rate differences occurring in the month and submit them to the Ministry of Finance (State Budget Department) for processing.

The Minister of Finance authorizes the Director of the Foreign Financial Affairs Department to determine and announce the accounting exchange rate for foreign currency, ensuring the following principles:

Announced once a month before the 25th of each month for application in the following month.

The accounting exchange rate is calculated based on the average daily foreign currency rate of the Central Bank over the previous 30 days prior to announcement.

In cases where the foreign currency rate of the Central Bank fluctuates significantly (increasing or decreasing by more than 5% compared to the accounting exchange rate) during the month, the Ministry of Finance will review and adjust the accounting exchange rate accordingly.

The accounting exchange rate is applied uniformly nationwide in the following transactions:

Conversion and accounting of state budget revenue and expenditure in foreign currency (including revenue in kind with a foreign currency basis).

Conversion and accounting of the State Treasury's financial books.

3.2.2. Method of Concentrating State Budget Revenues in Foreign Currency:

a- For foreign currency revenue through bank transfers:

Based on the bank's credit notification (accompanied by payment vouchers), the State Treasury records the centralized foreign currency fund and converts it into Vietnamese Dong according to the accounting exchange rate to record state budget revenue.

b- For foreign currency revenue in cash:

The collection process is carried out as follows:

The payer prepares five copies of the cash payment voucher to the state budget (indicating cash foreign currency revenue), retains one copy at the source and brings the remaining four copies to the bank where the State Treasury has an account for foreign currency deposits to deposit the foreign currency cash. The bank collects the foreign currency, confirms the amount of foreign currency deposited on the four copies of the payment voucher: one copy is used as evidence to credit the foreign currency deposit account of the State Treasury at the bank, one copy is sent to the payer, one copy is sent to the collection agency, and one copy is sent to the State Treasury (along with a list of cash foreign currency payments to the state budget).

Upon receiving the payment vouchers and the list of cash foreign currency payments to the state budget, the State Treasury records the centralized foreign currency fund and converts the amount of foreign currency into Vietnamese Dong according to the accounting exchange rate to record state budget revenue.

Cash foreign currency deposit fees are paid by the entity or individual making the deposit to the bank.

c- In places where it is impossible to deposit foreign currency cash into a bank:

The collection agency may directly collect foreign currency cash. Collection of foreign currency in cash can only be carried out for freely convertible strong foreign currencies as announced by the Central Bank. The collection agency checks and ensures the authenticity of the money, proceeds with the collection, and deposits the collected foreign currency into the provincial or centrally-administered city State Treasury.

The State Treasury deposits the money into its foreign currency account at the bank, simultaneously converting it into Vietnamese Dong according to the accounting exchange rate to record state budget revenue. The fee for depositing cash foreign currency into the bank is accounted for separately to settle with the state budget.

If the provincial or centrally-administered city State Treasury does not have a foreign currency account at the bank (due to the Central Bank and state-owned commercial banks in the area not having established foreign currency deposit accounts), the provincial or centrally-administered city State Treasury may sell the cash foreign currency to the State Bank and state-owned commercial banks (according to the bank's foreign currency purchase rate) for Vietnamese Dong to record state budget revenue.

3.3. Collection of State Budget Revenue in Kind:

For items with a designated user, the finance authority (Ministry of Finance or Provincial/Urban Finance Department - Price Control Bureau) will convert them into Vietnamese Dong and issue an order to record revenue and expenditure in the state budget, which is then sent to the State Treasury for accounting purposes of state budget revenue and expenditure.

The conversion of the value of items into Vietnamese dong shall be carried out as follows:

Items with an original price in foreign currency shall be converted into Vietnamese dong according to the accounting exchange rate.

For items without a foreign currency basis price, the finance authority establishes a valuation committee to convert them into Vietnamese Dong based on the prevailing market price in the region at the time of valuation.

For immovable property whose intended users have not been identified: the financial authority (the Ministry of Finance or the Provincial Department of Finance and Prices) shall cooperate with relevant agencies to organize the sale of such property for Vietnamese currency to be deposited into the state budget.

3.4. State budget revenue from labor days:

Revenue from state budget by labor days shall be converted into Vietnamese dong for accounting purposes.

The financial authority shall take the lead in coordinating with relevant agencies to convert according to the prescribed unit price of labor days, and simultaneously issue orders for recording income and expenditure of the state budget to be sent to the State Treasury for accounting purposes.

4. Inspection, verification, and handling:

The revenue collection agency and the State Treasury shall regularly check and reconcile the situation of state budget revenue collection; promptly identify cases of delayed payment and arrears in state budget revenue.

Every day, the checking and reconciling of the total state budget revenue and the revenue at each level between the State Treasury and the revenue collection agency on each level's territory shall be carried out at the end of the day or the beginning of the next day.

Monthly, within the first five days of the following month for district and county levels; within the first ten days of the following month for provincial and city levels, the State Treasury and the revenue collection agency must conduct checks and reconciliations of state budget revenue data according to the total amount, each level of the budget, and detailed by each payer and each type of tax. Specifically, the closing of accounts and reconciliation of monthly state budget revenue data will be uniformly conducted on December 31st.

Annually, before February 10th of the following year for district and county levels; before March 10th of the following year for provincial and city levels, the State Treasury and the revenue collection agency must conduct checks and reconciliations of state budget revenue data according to the total amount, each level of the budget, and detailed by each payer and each type of tax.

During the process of checking and reconciling data between the State Treasury and the revenue collection agency, if there are errors, timely coordination for adjustment is required. The agency that records or aggregates data incorrectly must submit a written request for adjustment. At the end of the fiscal year, the State Treasury will coordinate with the financial authority to adjust the final settlement of the state budget.

Based on the results of inspection and verification, the collection agency is responsible for urging and handling according to the prescribed regulations.

Cases of misappropriation or concealment of State budget revenue discovered by collection agencies, legal authorities, inspectors, etc., shall be handled according to the prescribed regulations.

Cases of misappropriation or concealment of state budget revenue sources discovered by revenue collection agencies, legal authorities, inspection bodies, etc., shall be handled according to the prescribed regulations.

5. Refund of state budget revenue:

In cases where revenues collected contrary to policies and regulations have been centralized into the state budget fund, they must be refunded.

Based on the refund order, the State Treasury will process the reduction of state budget fund revenue and directly refund to the beneficiaries.

In cases of refunding revenue that has already been settled in the previous fiscal year, the revenue collection agency must submit a written report to the financial authority to issue an order for refunding into the current fiscal year's budget. Based on the spending order from the financial authority, the State Treasury will carry out the refund to the beneficiaries.

6. Accounting and reporting of state budget revenue:

Based on the amount of money deposited into the state budget, the State Treasury will account for state budget fund revenue according to the correct fiscal year and the State Budget Item List; simultaneously allocating the revenue among each level of the budget as prescribed.

For revenues whose State Budget Item List is not clearly defined, the State Treasury will record them in a provisional receipt account; once the State Budget Item List is clearly defined, the State Treasury will account for state budget revenue according to the regulations.

Daily report on state budget revenue:

Every day (at the end of the day or the beginning of the next day), after conducting checks and reconciliations of the total state budget revenue with the revenue collection agency on each level's territory, the State Treasury units will report the total daily state budget revenue and the revenue at each level of the budget to the People's Committee, financial authority, revenue collection agency at the same level, and the higher-level State Treasury; the Central State Treasury will compile the state budget revenue situation and report to the Ministry of Finance before the 15th day of the following month.

Monthly report on state budget revenue:

Monthly (before the 7th day of the following month for district and county levels; before the 10th day of the following month for provincial and city levels), after checking and reconciling data with the revenue collection agency, the State Treasury units will prepare the monthly state budget revenue report according to the State Budget Item List and each level of the budget, with confirmation from the revenue collection agency, to be submitted to the People's Committee, financial authority, revenue collection agency at the same level, and concurrently sent to the higher-level State Treasury; the Central State Treasury will compile the annual state budget revenue report and report to the Ministry of Finance before the 15th day of the following month.

Annual report on state budget revenue:

Annually (before February 15th of the following year for district and county levels; before March 15th of the following year for provincial and city levels), the State Treasury units will prepare the annual state budget revenue report according to the State Budget Item List and each level of the budget, with confirmation from the revenue collection agency, to be submitted to the People's Committee, financial authority, revenue collection agency at the same level, and concurrently sent to the higher-level State Treasury; the Central State Treasury will compile the final settlement of annual state budget revenue and report to the Ministry of Finance.

III. TASKS AND RIGHTS OF THE COLLECTION AGENCIES, STATE TREASURY, AND FINANCIAL AUTHORITIES IN ORGANIZING THE COLLECTION OF THE STATE BUDGET:

AND THE FINANCIAL AUTHORITY IN THE ORGANIZATION OF STATE BUDGET REVENUE COLLECTION

1. Revenue Collection Agency (including National Tax, Customs, Finance, and other agencies authorized by the Government or delegated by the Ministry of Finance to collect revenue):

Prepare quarterly and annual revenue budgets and submit them to competent authorities, financial agencies, and simultaneously send them to the State Treasury.

Managing and urging payers to deposit money into the state budget.

Calculating and determining the amount of revenue to be paid and issuing payment notices.

Guiding payers to fill out payment receipts for the state budget.

Directly collecting state budget revenue within their jurisdiction and promptly depositing it into the State Treasury as prescribed.

Monitor actual revenue figures and compliance with revenue notices issued to payment subjects.

Propose financial agencies to issue orders for refunds for revenues collected outside prescribed regulations.

Inspect, decide on penalties, and resolve complaints regarding revenue collection in accordance with the law.

Cooperating with the State Treasury in classifying direct payers through the State Treasury and indirect payers through the revenue collection agency, suitable to the actual conditions on the territory. Organizing revenue collection, inspections, reconciliations, and preparing reports on revenue collection data as prescribed.

2. The State Treasury:

Directly collecting state budget revenue as prescribed.

Concentrating all state budget revenue (including revenue collected directly by the revenue collection agency), accounting for state budget revenue, and allocating it according to the prescribed percentage ratio among different levels of the state budget.

Regularly inspecting and reconciling data and implementing information reporting systems as prescribed.

Carry out refunds for revenues collected outside prescribed regulations upon orders from financial agencies.

Recommend measures regarding state budget revenue to competent authorities.

The State Treasury where the unit has an account shall be responsible for making payments and transferring state budget revenues promptly. It shall deduct funds from the unit's deposit account at the request of the revenue collection agency to pay state budget revenues.

3. Financial agencies:

Coordinate with revenue collection agencies and the State Treasury in consolidating state budget revenues into the State Treasury, ensuring completeness and timeliness as prescribed.

Issue orders for refunds for state budget revenues collected in violation of regulations upon the recommendation of the revenue collection agency.

Direct the organization of state budget revenue collection on their territory by revenue collection agencies and the State Treasury in accordance with prescribed regulations.

Regularly coordinate with revenue collection agencies and the State Treasury in organizing state budget revenue collection on their territory.

Recommend measures regarding state budget revenue to competent authorities.

4. Organizations and individuals obligated to pay state budget revenues.

Fully declare all amounts due according to regulations and strictly comply with revenue collection agency notifications for state budget revenue payment.

Have the right to appeal state budget revenue payment if the revenue collection agency issues incorrect notifications or handles collections improperly.

5. Banks where entities have accounts:

Are responsible for timely payment and transfer of state budget revenue payments.

Deduct funds from the unit's deposit account at the request of the revenue collection agency to pay state budget revenues.

V. EXPENSES AND INCENTIVE/PENALTY REGULATIONS

1. Expenses for organizing state budget revenue collection work by revenue collection agencies and the State Treasury, such as constructing (or renting) locations, equipping technical facilities, working tools, transportation means, security, transportation, overtime allowances, etc., shall be covered by the state budget according to state financial management regulations.

2. Incentive regulations for state budget revenue collection work by revenue collection agencies and the State Treasury shall follow the guidelines of the Ministry of Finance.

3. Agencies, units, and individuals violating management regulations for revenue collection or causing loss of state funds and assets must be subject to administrative disciplinary action and material compensation as stipulated.

C. IMPLEMENTATION

1. This Circular takes effect from the date of issuance. Previous documents concerning state budget revenue collection that conflict with this Circular are no longer effective.

2. Financial agencies, revenue collection agencies, the State Treasury, organizations, and individuals obligated to collect and pay state budget revenues are responsible for implementing this Circular.

Any difficulties encountered during implementation should be reported to the Ministry of Finance for joint resolution./.