HCMC Customs increase by more than VND36 billion from price ruling

VCN - Through price consultation for imported goods, Ho Chi Minh City (HCMC) Customs Department rejected the declared value for 2,711 declarations, increasing by over VND36 billion to the State budget.
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Anti-revenue loss through taxable value is a key task of HCMC Customs. Photo: T.H
Anti-revenue loss through taxable value is a key task of HCMC Customs. Photo: T.H

According to HCMC Customs Department, in the first four months of 2024, the unit consulted on 9,676 customs declarations, accepted the declared value of 5,720 declarations, rejected the declared value of 2,711 declarations, reaching a rate of 28.02% of the total declarations which have gone through price consultations, contributing to increasing revenue for the state budget by over VND36 billion.

Imported goods subject to consultation on high tax increases in recent times include: ceramic tiles, medicine, automobiles and motorbikes...

To ensure anti-revenue loss through price consultations, HCMC Customs Department requested units to seriously and effectively implement the General Department of Customs' instructions on customs valuation work, coordinate with customs branches to organize consultations quickly, accurately, effectively to collect full tax amount for the state budget.

At the same time, focusing on price consultation, list of goods at risk of price, price check warnings on the customs clearance system, limiting the omission of shipments with low declared prices without inspection and consultation, causing loss of state budget revenue both during and after customs clearance. Monitoring additional declarations, process consultation results, tax assessment and collection to the State budget.

By Le Thu/ Huyen Trang

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