Arrears collectionof more than 13 billionvnd from electric vehicle batteries

VCN- On 20th September 2016, a Customs News source said that in early September, Customs authorities collected more than 13 billion vnd fromelectric vehicle batteries.
arrears collectionof more than 13 billionvnd from electric vehicle batteries

As Customs News has reported, a General Department of Customs’ Inspector has debunked a fraud on the amount of imported electric vehiclebatteries by some businesses, mostly are imported batteries from China to evade taxes.

Accordingly,many businesses importing batteries for electric vehicles (including electric scooters and electric bicycles) declared that they imported 48V battery types with declared price is about $US 12 each.

However, over the Customs force course of the investigation and verification (from market information and import samples kept at Customs authorities) the actual imports arefour12V batteries, at about $US 12 each.

Thus, with variation in the number of four12V batteries to one 48V battery, while the declared price is unchanged, businesses have reduced the value of the goods is only a quarter of the actual goods import value, leading to the amount of tax payable decreasing significantly compared to the regulations.

Working with Customs News, Inspector representatives ofthe General Department of Customs, said: Pursuant to the provisions of law and violations of enterprises, Customs authorities haverequiredelectric vehicle batteries (in some Northern Customs departments) to declare and pay additional tax as prescribed. Where enterprises do not agree with this plan,Customs authorities will carry out post-clearance audit as prescribed.

After working with Customs authorities, many businesses have accepted the plan and declared additional supplements,and paid the outstanding tax amount. Until now,Customs authorities have received more than 13 billionvnd as mentioned above.

An officer who was directly involved detected past cases of violation warning: This case again shows that fraud and tax evasion in import-export activities are always very complicated with sophisticated tricks, which requirescontinuing attention, frequently updating information from the Customs database and market information for timely and effectively preventing fraudulent behavior, especially with new products such as electric vehicle batteries.

By T.Binh/ Luong Ngoc

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