THE GOVERNMENT
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No. 147/2006/ND-CP
Hanoi, December 01, 2006
 
DECREE
AMENDING AND SUPPLEMENTING A NUMBER OF ARTICLES OF THE GOVERNMENT’S DECREE No. 68/1998/ND-CP OF SEPTEMBER 3, 1998, WHICH DETAILS THE IMPLEMENTATION OF THE ORDINANCE ON NATURAL RESOURCE TAX (AMENDED)
THE GOVERNMENT
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to April 10, 1998 Ordinance No. 05/1998/PL-UBTVQH10 on Natural Resource Tax (amended);
At the proposal of the Minister of Finance,
DECREES:
Article 1.- To amend and supplement a number of articles of the Government’s Decree No. 68/1998/ND-CP of September 3, 1998, detailing the implementation of the  Ordinance on Natural Resource Tax (amended), as follows:
1. To amend Clause 7 of Article 2 as follows:
“7. Natural water, including surface water and ground water, except natural mineral water and thermal water defined in Clause 2 of this Article.”
2. To amend and supplement Article 7 as follows:
Article 7.-
1. Natural resource tax calculation price is the selling price of a natural resource product unit at the place of exploitation.
For natural resources exploited in a month which are of the same grade and quality, and then, part of their exploited volume is sold at the place of exploitation at the market price while the other part is transported away for consumption or use in production, processing, sorting or selection, etc., the tax calculation price of the whole exploited volume of natural resources shall be the selling price of one unit of that natural resource product at the place of exploitation.
If there is some volume of natural resources exploited in a month but none of which is sold at the place of their exploitation, the tax calculation price of a natural resource unit shall be determined based on the tax calculation price of a natural resource product unit of the immediate preceding month.
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