Circular 50/2015/tt-Btc: Guide To Support Bank Loan Interest Rates To Buy Temporarily Stored Paddy Rice, Winter-Spring 2014-2015

Original Language Title: Thông tư 50/2015/TT-BTC: Hướng dẫn hỗ trợ lãi suất tiền vay ngân hàng để mua tạm trữ thóc, gạo vụ Đông Xuân 2014-2015

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CIRCULAR guide supports the Bank loan interest rates to buy temporarily stored paddy rice, winter-spring 2014-2015 _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ pursuant to Decree No. 215/2013/NĐ-CP on December 23, 2013 of government functions, tasks, powers and organizational structure of the Ministry of finance;
Make comments from the Prime Minister's direction in decision No. 241/QD-TTg dated 24/02/2015 interim storage of paddy rice, about buying winter-spring 2014-2015;
According to the proposal of the Director General corporate finance;
The Minister of Finance issued a circular about the support the Bank loan interest rates to buy temporarily stored grains, winter-spring rice in 2014-2015.
Article 1. Scope and objects 1. This circular guides the State budget support loan interest rates to buy paddy, rice temporarily stored winter-spring 2014-2015 in the Cuu Long River Delta to the traders specified in decision No. 241/QD-TTg dated 24/02/2015 of the Prime Minister of the temporary storage of paddy rice, buying winter-spring 2014-2015 (hereinafter the decision No. 241/QD-TTg).
2. This circular apply to traders made buy paddy rice, hosting temporary winter-spring 2014-2015 was Vietnam food Association segment delivered as defined in article 4 of decision No. 241/QĐ-TTg and bodies, related institutions.
Article 2. The principle of considering the loan interest assistance Bank to buy temporarily stored grains, rice 1. State budget support 100% loan interest rates at commercial banks for traders in the object as defined in article 1 of this circular to buy paddy rice, hosting temporary winter-spring 2014-2015 according to the direction of the Prime Minister's decision No. 241/QD-TTg dated. 2. The loan interest assistance to purchase paddy, rice temporarily stored only for loans from commercial banks are State Bank of Vietnam according to the provisions in clause 2 article 5 decision No. 241/QĐ-TTg. where traders buy paddy, rice temporarily stored by other sources of capital, not by commercial bank loans resources as defined in decision No. 241/QĐ-TTg and guide the State Bank of Vietnam, the State budget will not be supported.
3. The loan interest assistance loan repayment before and during the term at the time supported the interest, not the interest rate support for the overdue loans.
4. The amount of paddy, rice supported the interest for each trader by the number of grains of rice traders actually buy to temporarily store but may not exceed the amount prescribed in the text segment delivered only temporary storage of paddy rice, buying winter-spring 2014-2015 of the Vietnam food Association and ensure total paddy temporary storage buying rice, not exceed 1 million tons of rice, according to the rules specified in article 1 of decision No. 241/QĐ-TTg. 5. Paddy, rice paddy types is stored temporarily purchase, rice (including sticky, aromatic, and the type plate).
6. The time limit for temporary storage purchases from 1/3/2015 to end on 15/4/2015.
7. Time aided Bank loan interest rates is the temporary storage period calculated from the actual time of purchase paddy, rice as specified in clause 6 of this to sell paddy rice storage temporarily, but not so the deadline on 30/6/2015.
8. for the calculation of interest rate support Price is the actual purchase price according to the market price (excluding value added tax) for each type of grains of rice.
The grounds for determining the actual purchase price according to market price, purchase contracts are liquidated contracts, commodity warehousing votes, purchase invoice, remittance voucher or other relevant documents by the traders to present.
The case of traders buy temporary storage areas shall be calculated according to the conversion rate of two (2) a (01) paddy rice.
The case of traders buy the raw material rice, rice processing to manufacturing of finished products shall not be exchanged about the volume and purchase price of rice raw material to the finished rice.
9. Interest rate support is the interest rate the Bank loan traders to trade according to the contract, but the maximum credit not to exceed 7% per year according to the provisions in the text direction of the State Bank of Vietnam.
10. Account Bank loan interest rate support from the State budget for the number of grains of rice purchased by the interim Prime Minister's direction was accounting on other earnings in the period of merchant and business income taxable under current rules.
Article 3. The record supports the Bank loan interest rates to buy paddy rice storage temp profile to support review of the Bank loan interest rates include: 1. The text of proposed State budget support loan interest rates the Bank of temporary storage of paddy procurement traders, rice (which provides the full unit name , address, tax code, the recommended amount and your account number to levels of funding support).
Private dispatch suggest support of Northern food Corporation and the South food General company needs General support of the membership in the Corporation.
2. allocation of target paddy rice storage temporarily, buying for traders of the Vietnam food Association.
3. certified copies (or a copy accompanied by a key to) credit contracts, the paper received the debt between traders and commercial banks where loan trader on the Bank loan traders to buy temporarily stored paddy rice, winter-spring 2014-2015 under the direction of the Prime Minister specified in decision No. 241/QĐ-TTg. 4. Table import, export, purchase grain inventory temporarily in storage from the time traders buy temporarily stored within the time limit prescribed in paragraph 6 to article 2 of this circular to the end time of the time supported the interest (30/6/2015). Statements must be certified by the head of the Industry where there are temporary storage warehouse traders paddy rice, according to the number of form 1 attached to this circular.
The case traders deploy temporary storage acquisition, paddy rice, in many localities to set up lists, import, export, purchase, rice granary storage according to each local temporary certified by the head of the Industry (where a temporary storage warehouse traders). Base statements certified by the Department of industry and commerce, merchants established lists general inventory, import, export, temporary storage, rice paddy and is responsible for the accuracy of the figures.
5. Lists of outstanding bank loans to buy paddy, rice temporarily stored and charged interest on loans from banks for the loan repayment date or to the end of the interim period not to exceed the time limit for storage on 30/6/2015 (table must be certified by the leaders of the commercial bank loan traders place form number 2 attached to this circular).
The case of traders buying the correct hosting temporary deployments to regulation time but the time disburse temporarily stored after time of purchase paddy, rice temporarily stored, then the trader must have a specific explanation in the text that detailed the amounts disbursed under each contract and receiving paper credit debt was used to pay for goods purchased or stored temporarily before being the bank disbursed capital. The text of this explanation must be certified by the commercial banks where loan traders.
6. loan interest calculation the Bank buy paddy, rice temporarily stored supported proposal (in the form of 3 attached to this circular).
Article 4. The funding allocation process support for traders 1. As for the Northern food Corporation, the South food General company a) Northern food Corporation and the South food General company guide the unit members to profile the Bank loan interest assistance and combined according to the provisions of article 3 of this circular sent the Ministry of finance. The Corporation is responsible for the accuracy of the figures have been aggregated.
b) Northern food Corporation, the South food General company must file in person or by post 1 record as defined in article 3 of this circular to the Ministry of Finance (Corporate Finance Bureau) before 1/10/2015.
c) Ministry of finance received the General profile of the Northern food Corporation and the South food General company (not receiving the profile of a member in the Corporation). The evaluation of interest rate support profile was done once after the end of interest rate support and time allocated through the accounts of the Corporation.
d) after receiving the full records as a rule, the Ministry of finance appraisal of records and procedures in support of interest for Northern food Corporation, the South food General company. The evaluation profile and allocate funding for traders to be completed at the latest is September 30, 2015.
The case Of the company has not provided adequate records or not qualified to be the interest rate support within 15 working days from the receipt of the record, the Ministry of Finance (Department of Finance) will have written request Of additional company profile as specified, or notify the Corporation knows the reason for not considering the interest rate support. In the text to suggest additions, the Ministry of finance to specific provisions of the time to complete company profile.
DD) after receiving funding support by the Ministry of Finance issued on account Of the company, during the 5 days Of the company perform again for the units member.
2. for other traders a) after the end of the time of purchase (on 15/4/2015), merchants must report the Department of finance where local traders to close its headquarters temporarily by purchasing results in the form of 4 attached to this circular before December 31, 2015.
b) based reporting results buy temporary hosting of the trader, the Department of finance where traders close the headquarters plan funding is expected to support the loan interest rate to buy paddy rice storage temp of the traders in the form of 5 attached to this circular process of people's committees of the province (City) to the Finance Ministry before sent on 15/6/2015.
The funding is expected to support the interest rate is determined by the following formula: funding to support the interest rate = worth buying to temporarily store up to 15/05/2015 (or bank loans outstanding to buy temporarily stored until April 15, 2015 in the case of outstanding loans is lower than the value of the temporary store purchase) x interest rate support time (4 months) x the average interest rate of the commercial banks where loan traders to buy paddy rice storage temp (but not more than 7%/year)/12 months.

c) proposed base of provincial people's committees (City), the Ministry of Finance made additional grants aimed from the central budget to local budgets to support a policy loan interest rates to buy paddy rice storage temporarily from the genus estimation of economic career central budget in 2015 has already been decided by Congress.
d) at the latest before 1/10/2015, merchants must submit in person or by post 1 the full records as defined in article 3 of this circular of MOF where traders close Headquarters.
DD) after receipt of application according to the rules, the Department of finance is responsible for the evaluation record and the people's committees of the province (City) decision to allocate funding to support interest in the form of pay on deposit accounts of traders in the State Treasury. The evaluation of interest rate support to be done once after the end of the support period, interest expense allocation for the trader must be completed at the latest is September 30, 2015.
e) where the trader has not offers a full profile or not qualified to be the interest rate support within 15 working days from the receipt of the record, the Department of finance have written asking traders to supplement the records prescribed or notify traders reason not be considering interest rate support. In the text to suggest additions, the Department of finance are specified time to complete the profile trader.
g) ending in the budget, the provincial people's Committee (City) synthesis report funding the loan interest assistance Bank to buy paddy rice reserves to temporarily send the Ministry of finance to complement local in case of lack of funds or reimbursed for the central budget funds not used up.
Article 5. The liability of the Organization, Government Agency relevant to assisting the Bank loan interest rates to buy temporarily stored grains, rice 1. The liability of the Organization, Government Agency relevant to assisting the Bank loan interest rates to buy temporarily stored grains of rice: a) the people's Committee of the province, the central cities in the Mekong River Delta in the direction the Department of industry and trade to check, confirm lists import, export Paddy, rice inventories, temporarily stored in the warehouse of the province closed the trader was charged (including cases not traders based in the province).
b) Committee the province of the central cities, where traders close Headquarters is responsible for approving the plan funding is expected to support the loan interest rate to buy paddy rice storage temp of the traders on the area by the Department of finance to submit the Ministry of Finance before the date of 15/6/2015; directs the Department of finance evaluation of the record supports the interest people's Committee (City) decision to allocate funding to support the interest rate for the merchant as specified in clause 2 4 of this circular; synthesis report of funding to support the Bank loan interest rates to buy paddy rice, or stored temporarily at the end of the budget year and send the Ministry of finance to be additional expense or refund the central budget funding portion is not used up.
the Department of industry and trade) of the province, the central cities in the Mekong River Delta in the base profile, relevant documents by the traders to present under the provisions of clause 8 article 2 to this circular to check the amount of purchase, purchase price, worth buying, inventory quantity and value of inventory of paddy , rice during storage; confirm the table import, export statistics, the paddy rice, temporarily stored inventory by traders established by regulation in the form of 1 attached to this circular, and is responsible for the accuracy of data validation.
d) Department of Finance of the province of the central cities, where traders close head office is responsible for:-General support funding plan loan interest rates to buy paddy rice storage temp of traders the provincial people's Committee (City) approval to send the Finance Ministry before 15/6/2015.
-Check and verify the merchant's records as defined in article 3 of this circular and the people's committees of the province (City) decision to allocate funding to support the interest rate for the merchant as specified in clause 2 4 of this circular. Responsible for the accuracy of the valuation metrics according to the profile.
-On the basis of the decision to grant funding to support the interest of the people's committees of the province (City), the Department of finance in cooperation with the State Treasury funding allocation procedures for traders in the form of money order.
-General situation of settlement funds to support the Bank loan interest rates to buy temporarily stored paddy, rice for the traders to close in on the end of the year the Budget Committee the report (City) to support funding settlement interest rate with the Finance Ministry.
-The temporary archives, chaired or coordinated with the Ministry of Finance held check the file interest bank loan support to buy paddy, rice temporarily stored by traders and the accounting item cost the State budget support as defined in article 6 of this circular. General situation of temporary storage after check to The financial reports as stipulated in point b item 2 article 6 of this circular.
-Archive of records, documents and settlement support funding levels for traders.
DD) the State Treasury where local traders to close its headquarters in collaboration with the Department of finance to do the procedure to allocate funding to support the interest for traders in the form of money order.
e) commercial banks are State Bank of Vietnam assigned temporary reserve responsible lending confirms the loan balance and interest incurred by the implementation of temporary storage of paddy rice, buying winter-spring 2014-2015 for traders form No. 2 attached to this circular, and is responsible for the accuracy of the figures have confirmed.
g) Vietnam food Association is responsible for:-announce list traders have been buying targets delivery of fertilizer Association paddy, rice temporarily stored for the Ministry of finance, the Department of industry and trade of the province, the central cities in the Mekong River Delta, the financial Department of the province, central cities where traders close to the headquarters of this agency as a base review identified to receive or verify the records support the interest rate for the traders as a rule.
-Check, supervise the buying organization paddy, rice temporarily stored for the traders as prescribed in decision No. 241/QD-TTg dated. 2. The Ministry of finance is responsible for: a) check and verify the profile of Northern food Corporation and the South food General company in accordance with the provisions stated in article 3 of this circular; make funding allocation to support Bank lending interest rates to buy paddy, rice temporarily stored by decision No. 241/QD-TTg dated to the time the Corporation is responsible for the accuracy of the valuation metrics according to the records of two Of the above mentioned companies.
b) aggregate planned expenditure as proposed by the people's committees of the province (City) to perform additional levels available from the central budget to local budgets to support a policy loan interest rates to buy paddy rice storage temp.
c) end of year budget, on the basis of the report the funding support of the Bank loan interest rates to buy paddy rice storage temp of the provincial people's Committee (City), the Ministry of Finance made the additional local level in case of lack of funds or local proposals to reimburse for the central budget funds not used up.
d) inspect after temporarily stored for the Northern food Corporation and the South food General company as defined in point a of paragraph 2 article 6 of this circular.
DD) General test results after a temporary hosting of the Department of finance; in collaboration with the Department of finance to verify the check after the temporary hosting of some traders as defined in point b of paragraph 2 article 6 of this circular.
3. Trader made the purchase temporarily stored grains, rice is responsible for: a temporary storage purchase paddy) rice, under the direction of the Prime Minister's decision No. 241/QD-TTg dated with the supervision of the Ministry of agriculture and rural development, Ministry of industry and trade, the people's committees of provinces and cities under central in the Mekong Delta and the Vietnam food Association.
b) reported local financial Departments where the trader closes headquarters by temporarily purchase results in the form of 4 attached to this circular before December 31, 2015.
c) is responsible for the authenticity of the import, export, paddy rice, inventory storage and temporary credit contracts to buy paddy, rice temporarily stored, and is responsible for the accuracy of the data reported in the records to suggest interest rate support.
d) opened the account in the State Treasury where the enterprise closes headquarters to receive funding to support Bank loan interest rates to buy temporarily stored grains of rice.
DD) document, certificate from the import, export, bank loans and open the Windows policies follow separate accounting purchase temporarily stored grains of rice under the direction of the Prime Minister's decision No. 241/QĐ-TTg. e) is responsible for business performance with the purchase of paddy, rice temporarily stored.
g) is responsible to the law if it violated the rules on financial accounting in interim storage implementation, rice paddy.
h) Must reimburse the State budget account funding supports the interest granted in the case of the State Management Agency check and discovered there are violations. At the same time traders must pay an additional slow interest rates charged for the amount repaid.
Identifying slow interest charged is determined from when traders get the money until it returned to the State budget with a rate of interest equal to 150% of the average loan interest rate in the commercial banks that have loans traders to buy temporarily stored grains of rice.
Article 6. Check the temporary storage after the Organization 1. Check the contents: a) check the accuracy and reasonableness of the proposed profile to support Bank loan interest rates to buy paddy, rice temporarily stored winter-spring 2014-2015 due to traders.
b) inspecting the track, support budget accounting from the State budget of traders.
2. Inspect: a) in the case of need, the Ministry of finance will perform the check according to the content specified in paragraph 1 of this article for the Northern food Corporation and the South food General company.

The examination must notify the Corporation in writing before checking. End test must establish a test which stated the implementation, exist obstacles and propose solutions.
b) temporary storage period ends, the Department of Finance made check the file support the interest to buy paddy rice, temporarily store the trader's main headquarters.
The examination must inform the merchant in writing before checking. End test must establish a test which stated the implementation, exist and problems, propose solutions and General Finance Ministry sent within 6 months from the time of completion of the settlement funds to support the interest rate with the Finance Ministry.
c) in the case of need, the Finance Ministry will coordinate with the Department of finance to verify test results after a temporary store in some traders. The investigation will be announced for traders and financial Departments prior to implementation.
Article 7. Effective enforcement of this circular are effective from the date of signing.
In the process if there are difficulties and obstacles, suggest these units reflect timely the Finance Ministry to guide the process./.