On February 5, 2024, the Ministry of Finance promulgated Circular 10/2024/TT-BTC stipulating the collection rate, regime of collection, payment, management and use of the fees for appraisal and assessment of mineral reserves and charges for licensing mineral activities (Circular 10), replacing Circular 191/2016/TT-BTC and Circular 91/2021/TT-BTC. Circular 10 takes effect from March 21, 2024 with some notable contents as follows:
(i) The Circular inherits the regulations of Circular 191/2016/TT-BTC on payers of appraisal and assessment fees for mineral reserves and charges for licensing mineral activities;
(ii) Circular 10 supplements guidelines for payment of fees and charges, and adjusts the name of fee and charge collectors;
(iii) This Circular adjusts the fees for appraisal and assessment of mineral reserves and charges for granting licenses for mineral activities.
