Provisions on sanctions against administrative violations in the fields of price, charge, fees and invoices management.— File Photo

(VNS) — Provisions on sanctions against administrative violations in the fields of price, charge, fees and invoices management.

On September 24, 2013, the Government issued Decree 109/2013/ND-CP to replace Decree 106/2003/ND-CP, Decree 84/2011/ND-CP and Decree 51/2010/ND-CP Chapter V on application of administrative fines in the field of price management, charge, fees and invoices.

Under this Decree, the maximum rate of fine applicable to individuals is VND150 million regarding violations in price management and VND50 million with respect to violations in management of charge, fees and invoices. For a same administrative violation, organisations shall be applied with a twofold fine levels in comparison with those applied to individuals.

According to the Decree, the time limit for sanctioning administrative violations in the invoice domain is 01 years, in the management of price, charge and fees is 02 years.

Regarding administrative violations in invoice domain which lead to tax evasion, tax fraud, lateness of tax payment, lack of tax declaration, the time limit shall be in accordance with the tax laws.

This Decree takes effect on 09 November 2013. — BIZCONSULT