Categories: LibraryUpdate

The material evidences which are gold, silver, precious stones will be auctioned

The material evidences which are gold, silver, precious stones will be auctioned

The material evidences which are gold, silver, precious stones will be transferred to the Auction Centre or the Auction Council to hold an auction within 10 days from the date of confiscation decisions.

This is detailed guidance on the handling of material evidences in Circular 215/2012/TT-BTC.

For material evidences in foreign currency, Treasury State will deposit in foreign currency funds and converted into Vietnam dong at the current exchange rate for the accounting for revenue and state budget.

Cases where material evidences are in Vietnam dong will be submitted to State budget by the Tresury State.

Circular takes effect from January 25th 2013.

 

Tuan Nguyen

Recent Posts

Arbitration in Vietnam: 7 Realities Foreign Companies Must Get Right

Foreign companies doing business in Vietnam increasingly use arbitration to resolve commercial disputes outside the…

2 days ago

4 Legal Problems with Digital Products in an MLM Model in Vietnam

Many businesses today do sell only products. They may also include digital content, app access,…

2 weeks ago

7 Risk Signs in an MLM Model in Vietnam That Businesses Should Review

For a long time, many businesses have thought that the main legal challenge in multi…

2 weeks ago

What Decree 137/2026 on Multi Level Marketing Regulation in Vietnam Means for MLM Businesses

Vietnam has issued Decree 137/2026 on multi level marketing, effective from July 1, 2026. This…

2 weeks ago

Contract Disputes in Vietnam: 8 Business Risks Foreign Companies Must Control

Foreign companies often believe they have a strong case against a Vietnamese counter-party. Yet they…

2 weeks ago

Buy Property in Vietnam as a Foreigner: 7 Legal Mistakes That Buyers Must Avoid

Quick Reference to Buy Property in Vietnam Foreign individuals permitted to enter Vietnam may buy…

3 weeks ago

This website uses cookies.