New Policy on Environmental Protection Fees for Mineral Exploitation 2017

(Baonghean.vn) - The Government has just issued Decree No. 164/2016/ND-CP on environmental protection fees for mineral exploitation, effective from January 1, 2017.

Mineral exploitation in Quy Hop. Photo: Archive

Accordingly, the amount of environmental protection fee payable during the period is equal to the amount of excavated soil and rock discharged during the fee payment period, multiplied by the fee rate for the amount of excavated soil and rock discharged (VND 200/m3), plus the product of the amount of raw mineral ore exploited during the period and the corresponding fee rate for each type of exploited mineral, then multiplied by the fee calculation coefficient according to the mining method.

For the exploitation of metal mineral ores, the environmental protection fee ranges from 10,000 VND/ton to 270,000 VND/ton. Of which, the maximum fee of 270,000 VND/ton applies to gold ore, platinum ore, silver ore, tin ore, lead ore, zinc ore, cobalt ore, mercury ore, and magnesium ore; the minimum fee of 10,000 VND/ton applies to the exploitation of aluminum ore, bauxite ore; for iron ore, rare earth ore, chromite ore, the minimum fee is 30,000 VND/ton... For the exploitation of salvage minerals, the environmental protection fee is equal to 60% of the fee for the above minerals.

The environmental protection fee for dry oil exploitation is 100,000 VND/ton; for natural gas and coal gas it is 50 VND/m3; for natural gas obtained during crude oil exploitation (associated gas) it is 35 VND/m3.

Organizations and individuals exploiting minerals must submit environmental protection fee declarations to the directly managing tax authority at the same place where they declare and pay resource tax.

In case no environmental protection fee for mineral exploitation is incurred in the month, the fee payer must still declare and submit the fee declaration to the Tax authority. In case the mineral purchasing organization must register to pay on behalf of the miner, that organization is responsible for submitting the environmental protection fee declaration to the tax authority managing the mineral purchasing facility. The deadline for declaring the environmental protection fee to the tax authority is no later than the 20th day of the following month.

Vuong Dinh Chinh

(synthetic)