FROM JULY 01, CHARGE FOR THE USE OF TERRESTRIAL MOBILE NETWORK SUBSCRIPTION (M2M) IS VND 800/NUMBER
On May 04, 2020, the Ministry of Finance issues the Circular No. 32/2020/TT-BTC on amending and supplementing a number of Articles of the Circular No. 268/2016/TT-BTC dated November 14, 2016 on providing the rates, collection, remittance, management and use of allocation fees and charges for the code and telecommunications digital usage.
To be specific: Charge and fee collector may retain 35% (as in the previous provision, it was 45%) of the collected charges for the code and telecommunications digital usage to pay the costs serving the organization and collection according to the Government’s Decree No. 120/2016ND-CP dated August 23, 2016 on detailing and guiding the implementation of a number of Articles of the Law on Charges and Fees. The remaining amount (65%) shall be transferred to the state budget according to chapters, sections and subsections of the applicable State Budget Index.
In addition, the Ministry of Finance also adds regulations on the charge for the use of terrestrial mobile network subscription (M2M) of VND 800/number. Other charge such as fixed terrestrial telephone network subscription, terrestrial mobile network subscription, fixed satellite network subscription and IP Phone subscription retain the same rates as in previous provisions.
This Circular takes effect on July 01, 2020.
