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Determining the level of fee for the granting of the right to exploit minerals

Determining the level of fee for the granting of the right to exploit minerals

According to the Decree No. 203/2013 / ND-CP issued by the Government on 28 November 2013, the level of royalty payments is regulated by group and type of mineral, by percentage of the value of ore Mineral resources are allowed to be exploited and have a value ranging from 1 to 5%.
 

 

In particular, the level of mining rights for the group of construction materials commonly used for leveling (soil, sand, stone) is 5%; for peat and other conventional construction materials, 4%; fee for original walling stone; Minerals of precious stones, semi-precious stones, hot mineral water, mineral water, CO2 and white sand, fire clay or limestone, 1% secepentine respectively; 2% and 3% ...

According to this Decree, the price for the issuance of the right to exploit minerals shall be determined according to the royalty calculation price set by the People's Committees of the provinces and cities directly under the Central Government and at the time of calculation of the mining rights Effective minerals. Each type of mineral in a mineral exploitation area shall only apply one royalty rate for granting mineral mining rights. In case there are many types in one area, the products after the mining have different types and different prices, the average value of the prices.

This Decree takes effect on January 20, 2014. Article 42 of Decree No. 15/2012 / ND-CP dated 9 March 2012 of the Government detailing a number of articles of the Law on Minerals.

 

(Source: Internet)

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