Binh Phuoc Customs: Efforts to overcome budget collection challenges in the last months of the year

VCN - Although the revenue collection results at Binh Phuoc Customs Department recorded positive results in the first 6 months of the year, it is predicted that the situation in the last 6 months of the year will have many difficulties and challenges.
Binh Phuoc Customs officers inspect export goods of enterprises. Photo: N.H
Binh Phuoc Customs officers inspect export goods of enterprises. Photo: N.H

On the afternoon of July 9, Binh Phuoc Customs Department held a conference to summarize the results of work in the first 6 months of the year, and solutions to carry out tasks in the last 6 months of the year.

Budget revenue reached 55.6% of the estimate

Reporting at the conference, Ms. Nguyen Thi Hong Hanh, Chief of Office of Binh Phuoc Customs Department, said that in the first 6 months of 2024, in the context that the domestic economy has begun to show signs of improvement, Binh Phuoc Customs Department Binh Phuoc has focused on many solutions to complete assigned tasks. In particular, the unit strengthens state budget revenue management, inspects and reviews revenue sources, prevents revenue loss, and strives to exceed revenue estimates; Strictly control value-added tax refunds to ensure compliance with policies and legal regulations; Urging the handling of tax debt recovery.

Along with that, Binh Phuoc Customs Department also promoted the provision of online public services, effectively applying information technology to improve working methods and enhance state operating and management capacity on Customs. The unit always creates the most favorable conditions for businesses; shorten customs clearance time for import and export goods, immigration activities through border gates; Helps businesses handle customs procedures quickly and economically.

As a result, the total number of businesses participating in procedures at Binh Phuoc Customs Department in the first 6 months of 2024 reached 529 businesses. The main export and import items are raw cashew nuts, machinery and equipment, wood, rubber, imported materials for export production and shoe processing, textile dyeing, garments, scrap paper, etc.

Total turnover generated in the first half of 2024 reached 5,396 million USD, an increase of 52% over the same period last year. Of which, export turnover reached 2,166 million USD, growing by 16%; Import turnover reached 3,230 million USD, a growth of 90%.

According to Ms. Hanh, Binh Phuoc Customs Department determined that the task of state budget collection is one of the important tasks, contributing to the completion of general budget collection targets of the sector and localities, helping the operation of the government's socio-economic policies follow the right development orientation. To strive to complete the task of state budget collection, right from the beginning of the year, Binh Phuoc Provincial Customs Department has synchronously and fully deployed state budget collection solutions, monitored and analyzed budget collection progress pursuant to the decision to assign estimates from the Ministry of Finance, Binh Phuoc Provincial People's Committee, and General Department of Customs in 2024.

On the other hand, based on the actual situation at the unit each month, the unit has urged under and directly under sub-departments to drastically implement tasks to increase state budget revenue in 2024 such as: reviewing data on professional programs: market economy system; Review and check data on codes and values ​​to promptly detect cases of errors that cause tax revenue loss, contributing to solutions to increase state budget revenue.

As a result, the unit's total state budget revenue in the first 6 months of 2024 reached 713.3 billion VND, reaching 55.6% of the assigned estimate and increasing 10.2% over the same period last year.

Ms. Hanh explained that the reason for the increase in revenue is because in the first 6 months of 2024, businesses imported raw materials and supplies to serve production again after the Covid-19 epidemic, helping to increase import tax and VAT revenue of imported goods. Of which, revenue from import taxes increased by 52.7 billion VND, equivalent to an increase of 74% over the same period last year; VAT revenue increased by 10.6 billion VND, equivalent to an increase of 2% over the same period last year.

The main items with increased revenue include: leather and leather products increased by 18.4 billion VND, equivalent to an increase of 42%; The group of plastic and plastic products increased by 10.3 billion VND, equivalent to an increase of 25%; Paper products group increased by 4.1 billion VND, equivalent to an increase of 39%, etc.

Many challenges at the end of the year

In the last 6 months of the year, it is forecast that the budget collection situation at Binh Phuoc Customs Department will face many difficulties. Ms. Nguyen Thi Duyen, Director of Chon Thanh Customs Sub-department - the unit that contributes about 80% of revenue of Binh Phuoc Customs Department, said that with the implementation of the policy of reducing the value added tax rate by 2%, it is expected that the department's tax revenue in the last 6 months of 2024 will decrease by about 60 billion VND. At the same time, revenue reduction due to tax refund is expected to increase by about 35 billion VND.

In the area of ​​the sub-department, there are also a number of businesses that have converted from tax-paying production and business to processing and export production to enjoy tax exemption. Therefore, it is expected that revenue from these businesses will decrease by about 50 billion VND.

These challenges show that to complete the assigned budget collection tasks in 2024 requires the efforts and high determination of leaders and civil servants in the unit to implement synchronous and drastic solutions to increase revenue and prevent revenue loss.

Accordingly, one of the key solutions of Binh Phuoc Customs Department is to continue to strengthen administrative procedure reform, modernize, facilitate, shorten customs clearance time, and reduce customs clearance costs, creating a favorable investment environment. Thereby calling on businesses with import-export activities in the area to participate in customs procedures at the unit, contributing to increasing state budget revenue.

By Nguyễn Hiền/Phuong Linh

Related News

VND 479 Billion contributed to state budget from violations handling

VND 479 Billion contributed to state budget from violations handling

VCN - From December 15, 2023, to October 14, 2024, market surveillance forces nationwide conducted inspections of 61,079 cases, uncovering and handling 41,725 violations.
Mong Cai Customs sets new record in revenue collection

Mong Cai Customs sets new record in revenue collection

VCN - The Mong Cai Border Gate Customs Branch, under the Quang Ninh Customs Department, has set a new record for the highest state revenue collected to date.
State revenue collection poised to surpass annual target

State revenue collection poised to surpass annual target

VCN - With ten months of 2024 behind us, Vietnam’s state budget revenue is on track to exceed the year’s target. The Ministry of Finance is pushing hard to achieve results that go beyond initial projections as the year draws to a close.
Nghe An Customs surpasses challenges, achieves revenue target ahead of schedule

Nghe An Customs surpasses challenges, achieves revenue target ahead of schedule

VCN - In 2024, the Nghe An Customs Department tackled state revenue collection amid significant socio-economic challenges. Despite these hurdles, the department reached 111.07% of its assigned revenue target within the first 10 months, achieving its annual goal well ahead of time.

Latest News

Appointment of new Directors for the Customs Reform and Modernization Board and Anti-Smuggling and Investigation Department

Appointment of new Directors for the Customs Reform and Modernization Board and Anti-Smuggling and Investigation Department

VCN - On November 21, 2024, at the headquarters of the General Department of Vietnam Customs, Director General Nguyen Van Tho presided over the ceremony to announce the appointment of new leaders for the Customs Reform and Modernization Committee and the Anti-Smuggling Investigation Department.
Binh Duong Seaport Customs Branch supports and facilitates enterprises

Binh Duong Seaport Customs Branch supports and facilitates enterprises

VCN – Binh Duong Seaport Customs Branch (Binh Duong Customs Department) upgrades technology and modern equipment, creating conditions for businesses to clear goods quickly and effectively.
Promoting Vietnam-Laos Customs cooperation

Promoting Vietnam-Laos Customs cooperation

VCN - On November 19, 2024, in Hanoi, Vietnam Customs held the Vietnam - Laos Customs Directors General Conference.
Ho Chi Minh City: Imported gasoline, iron and steel greatly affect state budget revenue

Ho Chi Minh City: Imported gasoline, iron and steel greatly affect state budget revenue

VCN - Carrying out customs procedures for special imported goods, such as iron and steel, gasoline, Saigon Port Customs Sub-department, Region 3 is expected to generate large revenues, but the state budget revenue from these two items has decreased sharply.

More News

Quang Nam Customs facilitates trade and increases revenue

Quang Nam Customs facilitates trade and increases revenue

VCN – Goods imported and exported across Quang Nam province’s border gates surges in the second half of the year. Quang Nam Customs Department has implemented solutions to facilitate enterprises, increasing the State revenue.
Quang Tri Customs: Revenue from imported coal plunges

Quang Tri Customs: Revenue from imported coal plunges

VCN - Coal and wood of all kinds are items that contribute greatly to the state budget revenue of Quang Tri Customs Department, but are fluctuating in a downward direction.
Closely control imported products traded via e-commerce

Closely control imported products traded via e-commerce

VCN – The General Department of Vietnam Customs has directed local customs departments to strengthen control and supervision for imported goods traded via e-commerce.
Lao Cai Customs attracts over 100 new businesses for customs procedures

Lao Cai Customs attracts over 100 new businesses for customs procedures

VCN - Compared to the same period in 2023, the number of businesses handling procedures at Lao Cai border gate customs branch (under Lao Cai Customs Department) has grown by 109 companies.
Vietnam Customs attends WCO’s flagship conference

Vietnam Customs attends WCO’s flagship conference

VCN - The 2024 World Customs Organization (WCO) Technology Conference and Exhibition with the theme “Digital Frontiers: Customs Embracing Innovation with Traditional and New Partners” hosted by Brazil’s Secretariat of the Federal Revenue, took place from November 12-14, 2024 in Rio De Janeiro, Brazil.
Da Nang Customs joins efforts to establish free trade zone proposal

Da Nang Customs joins efforts to establish free trade zone proposal

VCN - The Da Nang Customs Department is actively collaborating with local authorities and agencies to develop a proposal for the Da Nang Free Trade Zone (FTZ), aiming to drive new economic growth for both the city and the wider region.
Quang Ninh Customs sees revenue boost of nearly VND 900 Billion from new enterprises

Quang Ninh Customs sees revenue boost of nearly VND 900 Billion from new enterprises

VCN - Efforts to attract and support businesses have significantly boosted state revenue for the Quang Ninh Customs Department, thanks to a proactive approach in facilitating customs procedures.
Roadmap set for pilot program of smart border gate initiative

Roadmap set for pilot program of smart border gate initiative

VCN - The General Department of Vietnam Customs has been appointed as the lead agency to implement the tasks outlined in the Prime Minister’s Decision No. 865/QD-TTg, dated August 17, 2024, which approves the pilot program to establish smart border gates at specialized goods transport routes around markers 1119-1120 and markers 1088/2-1089 within the Huu Nghi (Vietnam) – Youyi Guan (China) international border gates.
Hanoi Customs partners with businesses to boost import-export activities

Hanoi Customs partners with businesses to boost import-export activities

VCN - After a decade of fostering customs-business partnerships, Hanoi Customs Department has developed three collaborative models: Customs-Business Partnership, Customs-Import and Export Service Provider, and Customs-Business Association.
Read More

Your care

Latest Most read
Appointment of new Directors for the Customs Reform and Modernization Board and Anti-Smuggling and Investigation Department

Appointment of new Directors for the Customs Reform and Modernization Board and Anti-Smuggling and Investigation Department

Director General Nguyen Van Tho presided over the ceremony to announce the appointment of new leaders for the Customs Reform and Modernization Committee and the Anti-Smuggling Investigation Department.
Binh Duong Seaport Customs Branch supports and facilitates enterprises

Binh Duong Seaport Customs Branch supports and facilitates enterprises

VCN - According to Binh Duong Seaport Customs Branch, the branch has processed import and export procedures for over 600 enterprises, up 41% compared to the same period of the year, with import and export turnover of US$431 million, up 12.3% year-on-year.
Promoting Vietnam-Laos Customs cooperation

Promoting Vietnam-Laos Customs cooperation

VCN - In his opening speech at the conference, on behalf of Vietnam Customs, Director General Nguyen Van Tho warmly welcomed Director General Phoukhaokham Vannavongxay, and the high-ranking delegation of Laos Customs for visiting and working with Vietnam
Ho Chi Minh City: Imported gasoline, iron and steel greatly affect state budget revenue

Ho Chi Minh City: Imported gasoline, iron and steel greatly affect state budget revenue

VCN - According to the Saigon Port Customs Sub-department, Region 3, the State budget revenue from gasoline accounts for about 80% of the Sub-department's revenue.
Quang Nam Customs facilitates trade and increases revenue

Quang Nam Customs facilitates trade and increases revenue

VCN - Ky Ha Seaport Customs Branch has processed customs clearance for dozens of import and export shipments of goods across Chu Lai port, the branch has implemented many solutions to allocate human resources to support and facilitate businesses.
Mobile Version