Notification No.1243 on Timber Prices for Auction Sale 2023-2024..
Country
Type of law
Regulation
Abstract
This Notification establishes the uniform national pricing framework for timber obligation fees for the 2023-2024 fiscal year. It aims to standardize the base costs for timber auctions across Laos, ensuring a consistent legal and financial baseline for the commercial trade of forest resources.
The Notification defines the components of the "obligation price," which includes forest resource fees, survey costs, and reforestation fees, while excluding harvesting and transport taxes. Specifically, the Notification categorizes timber into four distinct price groups. Furthermore, it mandates that provincial authorities determine localized harvesting costs while the Ministry of Finance oversees the collection of relevant value-added taxes on transportation.
The Notification defines the components of the "obligation price," which includes forest resource fees, survey costs, and reforestation fees, while excluding harvesting and transport taxes. Specifically, the Notification categorizes timber into four distinct price groups. Furthermore, it mandates that provincial authorities determine localized harvesting costs while the Ministry of Finance oversees the collection of relevant value-added taxes on transportation.
Attached files
Web site
Date of text
Repealed
No
Source language
English
Legislation Amendment
No