Customs collects VND328,000 billion

VCN - The Customs revenue in the first nine months of 2022 rose 14.7% year-on-year to VND328,900 billion, meeting 93.4% of the assigned target and 89% of the ambitious target.
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Customs expects to collect VND420,000 billion for the whole year

The above revenue resulted from the efforts and determination of the Government, Prime Minister, ministries, central and local agencies in implementing solutions to boost economic recovery and development, creating momentum to achieve social-economic development targets for the 2021-2025 period.

Besides, the Covid-19 pandemic has been under control and business and production have returned to normal, which is a reason for the above result.

Another reason is the conflict between Russia and Ukraine, making commodity prices in the world market surge, especially prices of crude oil, natural gas and liquefied natural gas since 2011, the price of imported coal also sharply increased, resulting in strong growth in import and export turnover.

A representative of the Import-Export Tax Department under the General Department of Customs said that the total taxable import-export value of the country as of September 29, 2022 rose 14% year-on-year to US$115.5 billion. Of which taxable imports rose 12.7% year-on-year to US$108.7 billion and taxable exports soars 40% year-on-year to US$6.8 billion.

Officers of Hai Phong port zone 3 Customs Branch inspect imported and exported goods. Photo: N. Linh
Officers of Hai Phong port zone 3 Customs Branch inspect imported and exported goods. Photo: N. Linh

A number of imported products contributed a large revenue include coal of all kinds reached 24.4 million tons, worth US$5,814 million, down 16% in volume, but up 87.4% in value, increasing revenue by about VND5,400 billion; crude oil 8.6 million tons, worth US$5,736 million, up 18% in volume, up 58% in value, increasing revenue by about VND5,400 billion; gasoline 4.98 million tons, worth US$5,228 million, up 17% in volume, up 122% in value, increasing in revenue by about VND13,800 billion.

In addition, the imports of raw materials for production also increased sharply, contributing to rising state budget revenue such as computers, electronic products and components rose by 26.3%, increasing revenue by VND1,720 billion; phones and components rose by 57.4%, increasing revenue by VND2,300 billion and plastic materials rose by 7.8%, increasing the revenue VND1,032 billion.

However, revenue tends to decrease gradually from June, so it is estimated that in 2022, the Customs sector will collect VND420,000 billion, exceeding 22.7% of the estimate, and 16.7% of the effort, up 14.67 % year-on-year, the representative of the Import and Export Tax Department said.

Offering solutions

Speaking at the conference to review the performance of the third quarter and deploy the tasks of the fourth quarter organized by the General Department of Customs on October 3, Ms. Le Nhu Quynh, Director of the Import-Export Tax Department said, to monitor and evaluate the budget collection in 2022, develop a plan for budget collection for 2023, and the 2023-2025 period, customs will continue to actively implement tasks and solutions according to the action plan of the General Department of Customs on the implementation of Resolution 01/NQ-CP, Resolution 02/NQ-CP and Resolution 43/2022/QH15 in the fourth quarter.

In particular, the whole sector will continue to implement Directive 439/CT-TCHQ on the drastic implementation of solutions to facilitate trade, improve the efficiency of state management, and prevent revenue loss; effectively implement policies to support enterprises; coordinate with relevant agencies on promptly handling the congestion of goods and agricultural products at land border gates.

Strengthen the fight against revenue loss through supervision and inspection of customs procedures, post-customs clearance inspection, specialized inspection; fight smuggling and trade fraud; focus on inspections to combat fraud in quantity, value, code, origin, trademark.

Customs sees outstanding results in nine months Customs sees outstanding results in nine months

VCN – The General Department of Customs organized an online meeting on October 3 at the headquarters ...

Strictly control and promptly detect and prevent illegal transportation of goods into the country, counterfeit goods or goods infringing intellectual property rights; goods violating customs law or goods banned from import; control the arbitrary consumption of goods which are under customs supervision (transit goods, temporary import for re-export, processed goods, manufactured and exported goods); proactively review, classify, recover and handle tax debts incurred before January 1, 2022, and prevent new debts in 2022 through inspections.
By Nu Bui/ Huyen Trang

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