Decision No. 645/QD-BTC On announcing the average retail electricity price for calculating the natural water resource tax applicable to hydropower production in 2011

This Decision announces the average retail electricity price for calculating the natural water resource tax applicable to hydropower production in 2011 for hydropower facilities. The price level changes according to different periods within the year.

Document No.645/QĐ-BTC
Document typeDecision
Issuing authorityMinistry of Finance
Signed byĐỗ Hoàng Anh Tuấn
Updated16/06/2026
SectorUnclassified
FieldTax AdministrationFees and Charges
Issued date21/03/2011
Effective date21/03/2011
Expiry date
StatusIn effect
✦ Smart summary

This Decision announces the average retail electricity price for calculating the natural water resource tax applicable to hydropower production in 2011 for hydropower facilities. The price level changes according to different periods within the year.

Scope of application

Hydropower production facilities

Key points

  • Hydropower production facilities must apply the average retail electricity price for calculating the natural water resource tax - January and February 2011: 1,061 VND/KWh; from March to December 2011: 1,242 VND/KWh (Article 1)
  • This Decision takes effect from the date of issuance (Article 2)

🌐 Social impact of this document

  • Hydropower facilities must comply with the average retail electricity price for calculating the natural water resource tax, which ensures fairness in tax collection and natural water resource management.
  • Electricity consumers are not directly affected by this Decision.

❓ Frequently asked questions

What is the average retail electricity price applied for January and February 2011?

For hydropower production facilities, the average retail electricity price applied for January and February 2011 is 1,061 VND/KWh.

What is the average retail electricity price applied from March to December 2011?

For hydropower production facilities, the average retail electricity price applied from March to December 2011 is 1,242 VND/KWh.

When does this Decision take effect?

This Decision takes effect from the date of issuance (March 21, 2011).

Full text

MINISTRY OF FINANCE

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Number: 645/QD-BTC

SOCIALIST REPUBLIC OF VIET NAM

Independence - Freedom - Happiness

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Hanoi, March 21, 2011

Pursuant to …;

Regarding the announcement of the average retail electricity price

to be applied as the resource tax calculation price for natural water resources

used in hydropower production in 2011

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THE MINISTER OF FINANCE

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

Pursuant to Decree No. 50/2010/ND-CP dated May 14, 2010 of the Government detailing and guiding the implementation of certain provisions of the Law on Resource Tax;

Pursuant to Circular No. 105/2010/TT-BTC dated July 23, 2010 of the Ministry of Finance guiding the implementation of certain provisions of the Law on Resource Tax and guiding the implementation of Decree No. 50/2010/ND-CP dated May 14, 2010 of the Government detailing and guiding the implementation of certain provisions of the Law on Resource Tax;

Pursuant to Circular No. 45/2009/TT-BTC dated March 11, 2009 of the Ministry of Finance guiding value-added tax, resource tax, and corporate income tax for hydropower production facilities;

Pursuant to Decision No. 269/QD-TTg dated February 23, 2011 of the Prime Minister on the electricity selling price in 2011;

Pursuant to Circular No. 05/2011/TT-BCT dated February 25, 2011 of the Ministry of Industry and Trade stipulating the electricity selling price in 2011 and guiding its implementation;

At the proposal of the Director General of the State Revenue总局局长和价格管理局局长的提议,

DECISION:

Article 1Announce the average retail electricity price applicable for calculating the resource tax on natural water resources used in hydropower production in 2011 for hydropower production facilities as follows:

- January and February 2011: Apply the price of 1,061 VND/kWh.

- From March to December 2011: Apply the price of 1,242 VND/kWh.

Article 2. This Decision takes effect from the date of signature. The Director General of the State Revenue总局局长,价格管理局局长,财政部各单位负责人和有关单位负责执行本决定。

Place of Receipt:

- Provincial People's Committees, Provincial Financial Departments under central cities;

- Provincial Tax Bureaus under central cities;

- Units under the Ministry;

- Vietnam Electricity Corporation;

- Legal Draft Inspection Department (Ministry of Justice);

- Official Gazette;

- Ministry of Finance website;

- To be filed with the Office of the Ministry and the General Department of Taxation (Office, DNL(5b)).

DEPUTY MINISTER

DEPUTY MINISTER

(Signed)

Do Hoang Anh Tuan

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