THE MINISTRY OF FINANCE

Circular No. 32/2014/TT-BTC dated March 11, 2014 of the Ministry of Finance amending and supplementing a number of the Circular No. 85/2011/TT-BTC dated June 17, 2011 of the Ministry of Finance guiding the process of organization and coordination in collection of state budget between the State Treasury – the General Department Of Taxation – the General Department of Customs and Commercial Banks
Pursuant to the Law on State Budget No.01/2002/QH11 dated December 16, 2002;
Pursuant to the Law on Tax Administration No.78/2006/QH11 dated November 29, 2006; the Law on amending and supplementing a number of articles of the Law on Tax Administration No.21/2012/QH13 dated November 20, 2012;
Pursuant to Decree No.60/2003/ND-CP dated June 6, 2003 of the Government detailing and guiding the implementation of the Law on State Budget;
Pursuant to Decree No.83/2013/ND-CP dated July 22, 2013 of the Government detailing the implementation of a number of the Law on Tax Administration and the Law on amendment, supplementation of a number of articles of the Law on Tax Administration;
Pursuant to Decree No.27/2007/ND-CP dated February 23, 2007 of the Government on e-transactions in financial activities;
Pursuant to Decree 215/2013/ND-CP dated December 23, 2013 of the Government defining the functions, tasks, powers and organizational structure of the Ministry of Finance;
At the proposal of the General Director of the State Treasury;
The Minister of Finance promulgates Circular amending, supplementing a number of articles of Circular no. 85/2011/TT-BTC dated June 17, 2011 guiding the process for organizing and coordinating in collection of State Budget among the State Treasury, the General Department of Tax, the General Department of Customs and commercial banks (Circular No.85/2011/TT-BTC) as follows:
Article 1. To amend and supplement  a number of articles of the Circular No. 85/2011/TT-BTC as follows:
1. To amend, supplement Clause 6, Article 2 of Section I as follows:
“6. “Cut off time” moment: is the moment that stops transmission, receipt of payment documents in the day in order to compare payment figures in the day between the State Treasury and commercial banks where the State Treasury opened its accounts. “Cut off time” moment as prescribed is 16:00 of a working day. Where it is necessary to extend transactions time of a working day, State Treasuries shall assume the prime responsibility for, and coordinate with commercial banks to unify "cut off time" moment of such a working day”.
2. To amend and supplement Item c, Point 2.2, Clause 2, Article 3 of Section I as follows: