Decision No. 61 TC/QD/TCT on reducing special consumption tax for 1992

Pursuant to …;

REGARDING THE REDUCTION OF SPECIAL CONSUMPTION TAX FOR THE YEAR 1992

THE MINISTER OF FINANCE

Pursuant to the Special Consumption Tax Law and Decree No. 56/CP dated August 28, 1993 of the Government detailing the implementation of the Special Consumption Tax Law and the Law amending and supplementing certain provisions of the Special Consumption Tax Law;

Pursuant to Circular No. 1040/KTTH dated March 18, 1993 of the Government Office reporting the Prime Minister's opinion on considering tax reductions for business income tax and special consumption tax for the years 1991 and 1992 for state-owned enterprises facing difficulties, and Circular No. 753 TC/TCT dated April 30, 1993 of the Ministry of Finance guiding the implementation of tax reduction considerations for business income tax and special consumption tax for the years 1991 and 1992;

Pursuant to the proposal of the Hanoi Tax Reduction Council at the minutes dated July 17, 1993; examining the application for tax reduction in 1992 from the Viet Ha Beer Factory and the proposal of the Hanoi People's Committee at Circulars No. 12/UB dated February 25, 1992; No. 8181 CV/UB dated May 10, 1994; and No. 14/UB dated October 22, 1994 regarding the request for capital investment allocation and special consumption tax reduction for the year 1992 for the Factory;

Pursuant to Circular No. 658 TC/TCT dated March 23, 1994 of the Ministry of Finance regarding the reduction of special consumption tax for the year 1992 and the inspection report dated October 20, 1994 determining the profit for the year 1993 offsetting the loss for the year 1992,

Pursuant to …;

Article 1: Reduce the special consumption tax payable to the State budget for the year 1992 for the Viet Ha Beer Factory with the amount: 4,442,000,000 VND (four billion, four hundred forty-two million dong).

The above tax reduction is determined by subtracting the reduced revenue from the outstanding special consumption tax for the year 1992 corresponding to the loss for the year 1992 awaiting resolution, which is 6,210 million dong, minus (-) the reduction in revenue from the use of capital for the year 1992, which is 121 million dong, and using the profit for the year 1993 to offset the loss for the year 1992, which is 1,648 million dong.

Article 2: Pursuant to Article 1 of this Decision, the Viet Ha Beer Factory shall re-settle the tax and revenue amounts payable to the State budget for the years 1992 and 1993 with the tax authority and immediately pay the remaining tax and revenue amounts into the State Treasury.