1st Zone Sai Gon Seaport Customs Branch prevents tax loss

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1st Zone Sai Gon Seaport Customs Branch prevents tax loss
The shipment of machinery banned from import was seized by1st Zone Sai Gon Seaport Customs Branch in July 2021. Photo: T.Quy

The revenue meets 73.16% of the target

1st Zone Sai Gon Seaport Customs Branch has faced difficulties and challenges in achieving revenue targets due to the turbulence of the Covid-19 pandemic.

As of September, the branch collected VND33,653 billion, meeting 73.16% of the annual target.

To achieve positive results, the branch has overcome difficulties, facilitated imports and exports, reformed and simplified customs procedures, and expedited modernisation and application of information technology in tax management.

According to Deputy Manager of 1st Zone Sai Gon Seaport Customs Branch Le Nguyen Linh, the branch has asked all officers to strictly comply with regulations during performance, review and handle offences of businesses to strengthen the fight against smuggling and trade fraud.

The branch has checked goods name, HS code and tax rate in customs clearance and post-clearance to handle enterprises that falsely declare HS code and name of goods to enjoy low-tax rate or special preferential tax rates.

Providing effective solutions for anti- revenue loss

The branch has also offered many solutions to prevent revenue loss through operation such as anti-smuggling, post-customs clearance inspection, and price rulings, increasing nearly VND600 billion of revenue.

During physical inspection for goods under the warning of the General Department of Vietnam Customs, the branch has focused on inspecting and detecting violations in imports and exports.

For example, G.M. Machinery and Equipment Co., Ltd imported steel products and falsely declared HS codes, causing loss of anti-dumping duty. The customs fined them more than VND 461 million.

In addition, the branch has discovered many other offences, such as V.T. Production and Trading Co., Ltd. imported fabric products but it falsely declared HS code of goods, with the value of infringing goods of more than VND750 million.

Notably, the branch has handled many serious violations and issued decisions to prosecute three criminal cases.

To meet its revenue target, the branch will classify and closely control commodity groups to prevent tax loss such as: goods groups of goods subject to excise tax (cars, wine, beer); goods groups of general goods, cosmetics, and CBU motorcycle, children's toys, bricks, and construction glass; groups of goods subject to anti-dumping tax and safeguarding.

The branch will strictly manage goods temporarily imported for re-export. It applies 100% electronic seals for re-exported goods across the land border gate.

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