Customs sector expedites revenue collection in the remaining months of the year

VCN – The difficult situation of the economy, the Customs sector has faced challenges in revenue collection. To achieve the highest target, the General Department of Vietnam Customs requests heads of subordinate units to effectively tasks.
2023 WCO Technology Conference and Exhibition brings the power of technology to the customs sector 2023 WCO Technology Conference and Exhibition brings the power of technology to the customs sector
Customs sector needs to pioneer in leveraging technology and digital transformation: Deputy PM Tran Luu Quang Customs sector needs to pioneer in leveraging technology and digital transformation: Deputy PM Tran Luu Quang
Customs sector expedites revenue collection in the remaining months of the year
Many enterprises speed up export orders at the end of the year. Photo: Provided by enterprises.

Considerable difficulties

In 2023, the General Department of Vietnam Customs Department (GDVC) is assigned the revenue target of VND425,000 billion by the National Assembly under Resolution No.69/2022/QH15 dated November 11,2022. The estimate 2023 is based on GDP growth of 6-6.5%; crude oil price is US$70/barrel; Import turnover increases by 8-9%; tariff cuts is implemented under FTAs, and some new FTAs are signed.

To perform the task, the GDVC issued Directive 479/CT-TCHQ on enhancing efficiency of the State revenue, which provides groups of general solutions and specific solutions for each unit to implement in the whole sector.

However, the GDVC assessed that the world economy in the first 10 months of 2023 faces many difficulties and challenges. Most economies in the world saw lower growth than expected, the inflation cools down but remains high level; and military conflicts, fierce competition between major countries, geopolitical instability, food security, natural disasters, and climate change are increasing.

Domestic purchasing power still recovers slowly; production continues to face difficulties due to the lack of orders; the reduced world demand directly affects many manufacturing industries... leading to taxable export turnover in the first 10 months of the year decrease by 22.5% and taxable import turnover drops 15.5% compared to the same period in 2022.

Actively implements six key solutions

Following Telegram No. 990/CD-TTg dated October 21, 2023 of the Prime Minister on drastically implementing solutions to improve access to credit capital and remove difficulties for production activities and perform the revenue collection in 2023; Announcement No. 1030/TB-BTC dated October 31, 2023 of the Ministry of Finance on the implementation of Telegram 990/CD-TTg, the GDVC requires heads of units to direct and perform assigned tasks effectively.

Promote administrative procedure reform and improve the business environment, enhancing national competitiveness; remove difficulties and obstacles for businesses, create favorable conditions for businesses to develop stably, attract investment, increase new production capacity, and boost economic growth, increasing revenue for the state budget; expedite dissemination of information, policies and administrative procedures, diverse supportive methods for businesses at all stages, units and fields.

Review the revenue collection and remain revenues, especially major revenues, ensuring accurate collection and striving to achieve the highest target in 2023.

Customs sector expedites revenue collection in the remaining months of the year
Officer of My Phuoc Industrial Park Customs Branch, Binh Duong Customs Department. Photo: T.D

In addition to trade facilitation, in order to improve the effectiveness of State management and prevent revenue loss, the GDVC requests units to promote information collection and risk identification to take measures of inspection and supervision; post clearance audit, specialized inspection, prevention of smuggling, trade fraud; to focus on inspecting quantity, value, code, origin and revenue loss.

The GDVC also directs units to inspect name, HS code and tax rate during customs clearance and post clearance audit to detect and handle violations related to false declaration of HS code, name of goods to enjoy special preferential tax rates, focusing on checking items on the list of risky import and export goods. on classification and application of tax rates, especially import and export products subject to the list of risky import and export goods on classification and application of tax rates.

Implement value inspection and rulings while carrying out customs procedures and inspecting customs value and taxable; take measure to check and identify accuracy and truthfulness of customs value declared by businesses to prevent and detect price frauds, thereby providing handling measures in line with the laws.

The GDVC also directs the units to classify debt groups to recover and fulfil the target assigned in Decision No.592/QD-TCHQ dated March 28 to ensure that as of December 31, tax debts are lower than in December 31, 2022.

Strengthen inspection, review and handling of tax-exempt and non-taxable subjects as prescribed in the Law on Export and Import Duty, and Decree 134/2016/ND-CP and Decree 18/2021 /ND-CP of the Government and guiding documents of the Ministry of Finance and the GDVC.

If there are problems during tax exemption procedures related to specialized ministries, units need to report to the GDVC to propose the Ministry of Finance to work with relevant ministries, ensuring tax exemption process in accordance with regulations.

Strictly control tax refund, handle overpaid tax, implement import tax refund, in line with the Law on Import-Export Duty, Law on Tax administration, and implement solutions to combat fraud in tax refund under GDVC’s Official Dispatch No. 356/TCHQ-TXNK dated January 18, 2023.

At the same time, coordinate with the domestic Tax agency and other enforcement forces to prevent fraud in VAT refund.

The GDVC requires units to urgently review the tax amount that must be refunded in 2023, and refund tax for eligible tax payers no later than December 2023, especially tax payers that meet regulations specified in Decree 26/2023/ND-CP, and tax refund for cases of on-spot import-export stipulated in Decree 18/2023/ND-CP….

By Nu Bui/Ngoc Loan

Related News

Cao Bang resumes immigration across Soc Giang Border Gate

Cao Bang resumes immigration across Soc Giang Border Gate

VCN – The immigration across Soc Giang (Cao Bang, Vietnam) - Binh Mang (Guangxi, China) has been resumed from November 28.
Dialogue Conference on Tax and Customs administrative procedures and polices 2023 to take place in mid-December

Dialogue Conference on Tax and Customs administrative procedures and polices 2023 to take place in mid-December

VCN – The Ministry of Finance and Vietnam Chamber of Commerce and Industry (VCCI) will jointly hold a dialogue conference with business community on tax and customs administrative procedures and policies 2023 in mid-December.
Tay Ninh Customs Department achieves revenue target soon

Tay Ninh Customs Department achieves revenue target soon

VCN – Tay Ninh Customs Department has achieved revenue target 2023 of VND 1,442 billion, increasing by VND142 billion compared with the assigned target.

Latest News

Lang Son Customs reviews  classification for "flour mill machinery”

Lang Son Customs reviews classification for "flour mill machinery”

VCN – Following the direction of the General Department of Vietnam Customs, Lang Son Customs Department directs border gate customs branches to check and review the classification of codes and tax rates for “flour mill machinery” imported across the area.
Customs brokers explain violations related to reporting regime

Customs brokers explain violations related to reporting regime

VCN – HCM city-based Customs brokers that violate the reporting regime and face risk of suspending their operations, have explained reasons to the Customs.
Hanoi Customs finds solutions to improve quality of customs brokers

Hanoi Customs finds solutions to improve quality of customs brokers

VCN - Hanoi Customs Department manages up to 24.3% of the total number of customs brokers nationwide, however the number of customs brokers not providing service activities is still high. This requires both businesses and Customs to find more solutions to increase the operational efficiency of customs brokers.
Launching passenger immigration through Bac Luan II bridge

Launching passenger immigration through Bac Luan II bridge

VCN – Vietnam’s northeastern Quang Ninh province and China’s Dongxing province officially launched passenger immigration activities through Bac Luan II bridge at Mong Cai International Border Gate on November 29, 2023.

More News

Ho Chi Minh City Customs refunds over VND 4,000 billion in taxes for businesses

Ho Chi Minh City Customs refunds over VND 4,000 billion in taxes for businesses

VCN - In the first 10 months of 2023, Ho Chi Minh City Customs Department has refunded over VND4,000 billion in taxes to businesses.
Authorized Economic Operator enjoys strong incentives

Authorized Economic Operator enjoys strong incentives

VCN – The Authorized Economic Operator Program is major reform of the Customs industry in facilitation to the business community. However, in addition to enjoying incentives from the Customs, Authorized Economic Operators must comply with the law.
Na Hinh border gate returned on that day

Na Hinh border gate returned on that day

VCN - Under the bright sunshine and gentle winds blowing in the border region on an early winter day, Na Hinh auxiliary border gate in Van Lang district, Lang Son province seemed to be welcoming us back with open arms. Each convoy of vehicles transporting goods is still diligently moving towards the border gate to promptly complete customs clearance procedures, making this place busier.
100% of questions and problems of businesses removed, Da Nang Customs

100% of questions and problems of businesses removed, Da Nang Customs

VCN - So far, Da Nang Customs Department has organized 11 online and offline dialogue conferences with 244 businesses and answered 93 questions.
3 Pillars in customs modernization

3 Pillars in customs modernization

VCN – To promote trade, especially digital trade, expand diplomatic relationships to ensure national interests and sovereignty in the world economic integration and international economic relations, Customs Vietnam has implemented modernization in three pillars including institutions, tools and human resources.
Ba Ria-Vung Tau Customs solve many procedural problems related to raw materials

Ba Ria-Vung Tau Customs solve many procedural problems related to raw materials

VCN - Raw materials were purchased domestically to produce export products, but the partner stopped the order. Now, if the company wants to liquidate these raw materials to a foreign partner, what procedures will the company perform? That is one of questions raised at the 2023 Customs-Business Dialogue Conference organized by Cai Mep Port Border Gate Customs Branch under Ba Ria - Vung Tau Customs Department on the afternoon of November 22.
VNACCS system resumes normal operation

VNACCS system resumes normal operation

VCN – According to the General Department of Vietnam Customs, at 00:00 dated November 25 of the VNACCS/VCIS system has resumed normal operation.
Vietnam Customs and China Customs promote customs cooperation in anti-smuggling

Vietnam Customs and China Customs promote customs cooperation in anti-smuggling

VCN – Vietnam Customs and China Customs have discussed and agreed to promote information exchange through designated focal points to enhance efficiency of anti-smuggling in all routes.
GDVC assigns additional tasks in digital transformation plan

GDVC assigns additional tasks in digital transformation plan

VCN - Director General of the General Department of Vietnam Customs has signed Decision 2854/QD-TCHQ amending and supplementing the Customs industry’s digital transformation plan to 2025, orientation to 2030 and the digital transformation plan of the General Department of Vietnam Customs in 2023.
Read More

Your care

Latest Most read
Lang Son Customs reviews  classification for "flour mill machinery”

Lang Son Customs reviews classification for "flour mill machinery”

VCN - According to Lang Son Customs Department, since the beginning of May, the department has instructed border gate customs branches to classify the “flour mill machinery” item. However, through checking the implementation results of the branch, there a
Customs brokers explain violations related to reporting regime

Customs brokers explain violations related to reporting regime

VCN - After being listed by the Customs, some Customs brokers have given explanations for their violations to the HCM City Customs Department.
Hanoi Customs finds solutions to improve quality of customs brokers

Hanoi Customs finds solutions to improve quality of customs brokers

VCN - Hanoi Customs Department manages up to 24.3% of the total number of customs brokers nationwide, however the number of customs brokers not providing service activities is still high. This requires both businesses and Customs to find more solutions to
Launching passenger immigration through Bac Luan II bridge

Launching passenger immigration through Bac Luan II bridge

VCN – Vietnam’s northeastern Quang Ninh province and China’s Dongxing province officially launched passenger immigration activities through Bac Luan II bridge at Mong Cai International Border Gate on November 29, 2023.
Cao Bang resumes immigration across Soc Giang Border Gate

Cao Bang resumes immigration across Soc Giang Border Gate

VCN – The immigration across Soc Giang (Cao Bang, Vietnam) - Binh Mang (Guangxi, China) has been resumed from November 28.
Mobile Version