CIRCULAR No.60A-TC/TCT OF SEPTEMBER 1st, 1997 GUIDING THE AMENDMENTS TO CIRCULAR No.30-TC/TCT OF MAY 23, 1991 GUIDING THE MANAGEMENT OF THE COLLECTION OF TAX ON AQUA-PRODUCT EXPLOITATION ACTIVITIES AND CIRCULAR No.69-TC/TCT OF NOVEMBER 27, 1991 GUIDING THE CHANGE FROM FOREST NURTURING LEVY TO THE NATURAL RESOURCES TAX ON EXPLOITATION OF NATURAL FOREST PRODUCTS

Point 6, Section V of Circular No.69-TC/TCT of November 27, 1991 guiding the change of forest nurturing levy into the natural resources tax for exploitation of natural forest products stipulates that 2% of the procedural fee calculated on the total amount of natural resources tax for the actual forest product exploitation activities shall be deducted and remitted to the State Treasury and Point 6, Section V of Circular No.30-TC/TCT of May 23, 1991 guiding the management of collection of tax on aqua-product exploitation activities stipulates that 5% of the procedural fee calculated on the total amount of collected tax shall be deducted for the organization of joint forces for aqua-products tax collection.

Pursuant to Article 6 of the Law on State Budget passed by the IXth National Assembly of the Socialist Republic of Vietnam at its 9th session on March 20, 1996, the Ministry of Finance hereby annuls Point 6, Section V of Circular No.69-TC/TCT of November 27, 1991 and Point 6, Section V of Circular No.30-TC/TCT of May 23, 1991 of the Ministry of Finance as from September 1st, 1997.

Other provisions of Circular No.69-TC/TCT of November 27, 1991 and Circular No.30-TC/TCT of May 23, 1991 of the Ministry of Finance which are not subject to this Circular�s guidance shall continue to apply.

The concerned agencies shall have to immediately report problems arising in the course of implementation to the Ministry of Finance for consideration and further guidance.

For the Minister of Finance

Vice Minister

VU MONG GIAO