Budget collection while preventing of budget revenue loss

VCN – The rise of import and export continues to be a bright spot in our country's economic picture this year with total trade revenue of US$600 billion in nearly eleven months.
Reform tax system, ensure a sustainable budget revenue structure Reform tax system, ensure a sustainable budget revenue structure
Budget revenue in 2022 estimated to increase by 3.4% compared to 2021 Budget revenue in 2022 estimated to increase by 3.4% compared to 2021
The Ministry of Finance undertakes flexible operation to ensure finance-budget in 2021 The Ministry of Finance undertakes flexible operation to ensure finance-budget in 2021
Customs officers of Huu Nghi border gate customs branch at work. Photo: H.Nu
Customs officers of Huu Nghi border gate customs branch at work. Photo: H.Nu


By the end of November 14, the Customs sector revenue rose 22.46% year-on-year to VND329,544 billion.

The rise resulted from the increase in the crude oil price, leading to the increase in the prices of products such as gas, plastics, chemicals, etc. In addition, the price of iron and steel, iron ore, iron and steel products significantly rose, causing the revenue from this commodity group to rise.

Besides, the number of imported CBU cars of all kinds rose 1.6 times. In particular, in 2021, many wind power projects have been implemented, resulting in a surge in revenue from components, machinery and equipment for the projects.

Customs also closely coordinated with authorities to fight smuggling, trade fraud and counterfeiting, handling 11,961 violations with a value of infringing goods of nearly VND2,000 billion and contributing to the State budget VND170.3 billion; prosecuting 25 cases and transferring 102 cases to another agency to prosecute. To date, Customs has recovered and handled tax debt of VND535.4 billion

To achieve the above results, from the beginning of the year, the Customs sector has reformed administrative procedures towards strengthening information technology application, creating all favorable conditions for import and export activities to support businesses.

According to a representative of the Import-Export Tax Department under the General Department of Customs, from the early year, the General Department of Customs has issued documents on solutions to budget collection in 2021. In particular, Directive 215/CT-TCHQ dated January 15, 2021 on enhancing the efficiency of state budget collection, and Official Letter 119/TCHQ-GSQL dated January 11, 2021 on improving capacity of customs inspection and control. Accordingly, affiliated and attached units have performed drastic tasks.

One of the solutions that brought great results is trade facilitation. In particular, Customs has advised, reported, and submitted to competent authorities for promulgation legal documents, contributing to the reform of administrative procedures in the direction of enhancing the application of information technology and improving the business environment and national competitiveness, removing difficulties for production and business activities of enterprises; contributing to attracting foreign investment, promoting the development of export production, supporting economic growth; and creating more favorable conditions for the management of tax collection by Customs.

In addition, to promptly support the prevention and control of the Covid-19 pandemic, Customs also reported to the Ministry of Finance to submit to the Government for promulgation Resolution 106/NQ-CP on handling of donated goods for the prevention and control of the Covid-19 pandemic entitled to incentives; and Decision 1921/QD-BTC on expanding the list of goods exempt from import tax.

Besides removing difficulties for businesses to adapt to social distancing, the Customs sector has taken measures to reduce face-to-face contact such as consulting taxpayers through the electronic customs system, minimizing direct contract; facilitating physical inspection and certification for businesses and strictly complying with anti-pandemic regulations, minimizing procedures, thereby reducing difficulties to help businesses operate smoothly and prevent disruptions of supply chains.

In order to improve the effectiveness of state management and prevent revenue loss, the General Department of Customs has offered solutions to combat trade fraud and revenue loss and achieved remarkable results.

To prevent fraud in VAT refund, on September 21, 2021, the General Department of Customs issued Official Letter 4539/TCHQ-TXNK requesting provincial and municipal Customs Departments to strengthen information collection, identify signs of risks to take appropriate inspection and supervision measures.

As of October 31, 2021, the Customs conducted 150 inspections, requested collecting VND288.6 billion and paid to the state budget VND227.1 billion; conducted 1,328 post-customs clearance audits with the total imposed tax amount and administrative fines of VND545.7 billion. The actual payment to the State budget was VND494.7 billion.

It is forecast that the import-export turnover in 2021 is likely to hit US$600-650 billion. Thus the budget revenue from import and export activities also sees a year-on-year surge, helping reduce the Central budget deficit, the representative of the Import-Export Tax Department said.

Although so far, the budget collection has been completed, to complete the task in the rest of 2021, Customs is still enhancing solutions to prevent revenue loss through post-clearance audits, anti-smuggling and anti-trade fraud.

Thus, the Customs will pay attention to collecting information, identifying risks to take inspection and supervision measures, reviewing names, codes and tax rates of goods during and after the customs clearance stage to discover inaccurate declaration of codes, names of goods or unclear or insufficient declarations or goods names to enjoy low tax rates or special tax incentives. Accordingly, the customs agency will focus on inspecting items in the list of imports and exports at risk of classification and tax rate.

Moreover, the customs agency will inspect value of goods and enterprises with high risk to miss consignments which were undervalued without timely consultation and treatment. The customs agency will guide items with high tax rate.

Furthermore, the General Department of Customs requests its units to review and classify debts to collect and handle tax debts towards the goal that the tax debt ratio as of December 31, 2021 is lower than December 31,2020. The country’s customs agency also requires its units to review tax funds in 2021 so that the tax refund will meet the right beneficiaries in January 2022 at the latest.

By Nu Bui/ Huyen Trang

Related News

State revenue in first month of the year equal to 14% of the estimate

State revenue in first month of the year equal to 14% of the estimate

VCN - According to the Ministry of Finance, in January - the first month of 2025, the total state budget revenue is estimated at VND275.9 trillion, equal to 14% of the estimate; meanwhile, the total state budget expenditure is estimated at VND134.4 trillion.
Hai Phong Customs implements solutions to facilitate trade

Hai Phong Customs implements solutions to facilitate trade

VCN - In 2024, trade turnover of Hai Phong Customs Department saw a sharp increase compared to 2023 to more than US$132 billion.
Lang Son Customs finds it difficult to collect and handle tax arrears

Lang Son Customs finds it difficult to collect and handle tax arrears

VCN - As of December 16, 2024, the total overdue debt for processed customs declarations at Lang Son Customs Department was more than VND180.7 billion, of which the unit conducted a charge-off debt of VND 93.9 billion. Although Lang Son Customs Department applied many measures, collection and handling of tax arrears is still a problem.
Hai Phong Customs collects over VND87 billion from post-clearance audit

Hai Phong Customs collects over VND87 billion from post-clearance audit

VCN – The Post-clearance audit branch (under Hai Phong Customs Department) alone has conducted 236 audits and collected VND86.4 billion.
Comment

Latest News

Vietnam Customs forms implementation task force on developing customs procedures

Vietnam Customs forms implementation task force on developing customs procedures

VCN - Decision 135/QD-TCHQ, recently issued by the General Department of Vietnam Customs, establishes a task force to develop and implement new customs procedures. The task force will be headed by Deputy Director General Au Anh Tuan.
Quang Tri Customs launches business support initiatives

Quang Tri Customs launches business support initiatives

VCN - Quang Tri Customs considers the business community as partners, continuing to facilitate import-export, immigration, investment and tourism activities in the area.
Hai Phong Customs’ revenue rises about VND 1,000 billion

Hai Phong Customs’ revenue rises about VND 1,000 billion

VCN- In the first month of the year, Hai Phong Customs' revenue increased by nearly VND1,000 billion.
Administrative reform: Khanh Hoa Customs delivers impressive results

Administrative reform: Khanh Hoa Customs delivers impressive results

VCN - The Khanh Hoa Customs Department achieved a "good" ranking among the six vertical agencies in Khanh Hoa Province, with an administrative reform index of 91.28%.

More News

GDVC sets goal of widely disseminating Customs policies

GDVC sets goal of widely disseminating Customs policies

VCN – The General Department of Vietnam Customs (GDVC) has issued a plan to disseminate and educate the law; and support and provide information in 2025.
Hai Phong Customs sets out 15 tasks to achieve the revenue target of VND 72,000 billion

Hai Phong Customs sets out 15 tasks to achieve the revenue target of VND 72,000 billion

VCN – Hai Phong Customs Department has issued Directive No. 624/CT-HQHP dated January 21, 2025 on drastically implementing solutions to facilitate trade, improve the effectiveness of state management, and strive to achieve the revenue target of 2025.
Over 1,500 customs declarations processed by Hai Phong Customs during Tet

Over 1,500 customs declarations processed by Hai Phong Customs during Tet

VCN - Hai Phong Customs Department processed 1,547 customs declarations during the Tet holiday period
Hai Phong Customs strives to perform tasks from the beginning of the year

Hai Phong Customs strives to perform tasks from the beginning of the year

VCN – Hai Phong Customs Department has actively and effectively implemented solutions to accomplish tasks and achieve targets.
Ho Chi Minh City: Foreign visitors spend more than VND1,500 billion to buy goods upon exit

Ho Chi Minh City: Foreign visitors spend more than VND1,500 billion to buy goods upon exit

VCN - According to the Ho Chi Minh City Customs Department, in 2024, the unit refunded VAT on goods that foreigners and oversea Vietnamese residents brought with them when leaving the country with a value of over VND1,540 billion.
3,500 customs declarations handled in Lang Son over Tet

3,500 customs declarations handled in Lang Son over Tet

VCN - During the 2025 Lunar New Year (Year of the Snake), Lang Son Customs Department processed nearly 3,500 customs declarations valued at over US$306 million.
Hai Phong Customs processes more than 1,500 declarations during 2025 Lunar New Year holiday

Hai Phong Customs processes more than 1,500 declarations during 2025 Lunar New Year holiday

VCN - During the 2025 Lunar New Year holiday, Hai Phong Customs Department processed 1,547 declarations.
US$10.5 million in trade flows through Binh Duong Customs during Tet  During the 2025 Lunar New Year

US$10.5 million in trade flows through Binh Duong Customs during Tet During the 2025 Lunar New Year

VCN - During the 2025 Lunar New Year holiday, the Binh Duong Customs Department arranged for staff to be on duty, ensuring quick and timely customs clearance, helping import and export businesses avoid interruptions and maintaining a smooth flow of goods.
Proactive customs measures for express parcels: Tightening control over import-export goods

Proactive customs measures for express parcels: Tightening control over import-export goods

VCN - International express delivery companies are the main entities responsible for handling import and export customs procedures on behalf of the recipients. The Express Customs Branch (HCM City Customs Department) has been proactive in introducing various measures to both promote trade and maintain strict control over import and export goods
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Vietnam Customs forms implementation task force on developing customs procedures

Vietnam Customs forms implementation task force on developing customs procedures

Decision 135/QD-TCHQ, recently issued by the General Department of Vietnam Customs, establishes a task force to develop and implement new customs procedures.
Quang Tri Customs launches business support initiatives

Quang Tri Customs launches business support initiatives

Quang Tri Customs considers the business community as partners, continuing to facilitate import-export, immigration, investment and tourism activities in the area.
Hai Phong Customs’ revenue rises about VND 1,000 billion

Hai Phong Customs’ revenue rises about VND 1,000 billion

VCN - Notably, the revenue in January increased by VND 883 billion (or 16.7%) compared to the same period in 2024.
Administrative reform: Khanh Hoa Customs delivers impressive results

Administrative reform: Khanh Hoa Customs delivers impressive results

The Khanh Hoa Customs Department achieved a "good" ranking among the six vertical agencies in Khanh Hoa Province, with an administrative reform index of 91.28%.
GDVC sets goal of widely disseminating Customs policies

GDVC sets goal of widely disseminating Customs policies

VCN - Additionally, the GDVC aims to unify the direction and coordination within and outside the industry on the dissemination and education of laws for customs officials; to support, and provision of information to relevant organizations and individuals.
Mobile Version