Ho Chi Minh City Customs Department: Enhancing rate of e-tax collection and refund
HCM City Customs continues meeting businesses to solve problems | |
Tax revenues increased highly thanks to FDI enterprises | |
Prosecuting a series of smuggling cases via Cat Lai Port |
Businesses are implementing Tax procedures at Ho Chi Minh City Customs Department. Photo: T.H |
According to Mr. Tran Ngoc Tam, Director of Ho Chi Minh City Customs Department, managing a large number of businesses, the Department regularly promotes administrative procedure reform to facilitate tax payers to fulfill their obligations. Until the end of July 2017, the number of businesses registering tax account to pay e-tax at Ho Chi Minh City Customs Department reached 99.43% compared to active businesses. In which, the number of accounts successfully registering e-tax at commercial banks reached 96.01% compared to active businesses. The number of businesses declared tax via the internet reached nearly 100%. The Department shall expand the e-invoice system with authentication codes of Tax authority for businesses in the City. In the first 7 months of 2017, the number of invoices sent for receiving authentication codes of 500,000 invoices with total revenues was 20,0000 billion VND.
Currently, on average, Ho Chi Minh City Customs Department refunded tax for 9,000-10,000 dossiers with the total amount of tax refund from 16,000 to 18,000 billion VND per year. With the huge amount of tax refund, if refund tax is implemented late, it will cause a big loss for businesses. In order to shorten the time of tax refund, the Tax authority strengthened e-tax refund. Ho Chi Minh City Customs completed the pilot application of information technology in VAT refund for 89 businesses under the registered list with the General Department of Taxation. Regularly contacting with tax payers via email for exchanging information between Tax authority and businesses, and guiding new tax policies and removing regular obstacles of businesses in a timely fashion.
From May 2017, the Ho Chi Minh Customs Department has received dossiers and returned results of VAT refund electronically. As a result, to the end of July 2017, the Department received and refunded tax nearly 100 billion VND. At the same time, Customs Branches have expanded the authorized collection, implemented the tasks to promote the development of businesses in the City and convert large household businesses into businesses and minimize the time of the on-site audit. The Tax authority must become the most intelligent authority which applies IT the best and the most efficiently.
Promoting administrative procedure reform, innovating and enhancing the quality of inspection and audit, Ho Chi Minh City Customs Department has developed a database of 180, 000 businesses for risk management, and selected 10-15% of businesses with the sign of violations to inspect and audit. Thereby shortening the time of on-site tax audit. Maintaining the implementation of authorized collection for business individuals paying tax under package method with Vietnam Post-Ho Chi Minh City Post in some Tax Branches. The Department collaborated with Vietnam Post-Ho Chi Minh City Post to preliminarily summarize the pilot implementation of authorized tax collection for business individuals paying tax under package method to evaluate achievements and shortcomings to effectively implement the authorized tax collection.
Ho Chi Minh City: Nearly 1,400 billion vnd of tax debts VCN- According to the Ho Chi Minh City Customs Department, until May 15th, 2017, total tax debt ... |
The Director General of Taxation Bui Van Nam was committed to the Ho Chi Minh City business community in Ho Chi Minh City at the recent conference on commenting taxpayers that in 2017, the Taxation would propose the Ministry of Finance to amend regulations and policies to remove difficulties and barriers for businesses. Specifically, the taxation would propose the Ministry of Finance to submit revised laws of VAT Law, Corporate Income Tax Law, Personal Income Tax law, and Severance Tax law. Especially, from now to the end of the year, the General Department of Taxation would promote to complete the promulgation of new Decree on the invoice, in which supplementing content on e-invoice to replace Decree 51/2010/ND-CP. This new Decree would make a change on invoice management based on national database development.
Along with changes in management policies, the Taxation will reform the e- tax payment process in line with e-government. The pilot scope of the e-tax refund will also be expanded in all provinces and cities in the country. Besides, IT application, priority to new management methods to reduce costs for businesses and modernization of the management in line with the fourth technology revolution are taking place widely.
Related News
AEOs make great contributions to Vietnam’s trade development
07:40 | 16/10/2024 Customs
Businesses cooperate to develop advanced technology
10:58 | 12/10/2024 Import-Export
Risks for the economy when cash flow has not yet been put in to production and business
10:49 | 07/10/2024 Headlines
Mobilizing finance for the low-emission rice value chain
10:42 | 28/09/2024 Import-Export
Latest News
M&A activities show signs of recovery
13:28 | 04/11/2024 Finance
Fiscal policy needs to return to normal state in new period
09:54 | 04/11/2024 Finance
Ensuring national public debt safety in 2024
17:33 | 03/11/2024 Finance
Removing many bottlenecks in regular spending to purchase assets and equipment
07:14 | 03/11/2024 Finance
More News
Continue to handle cross-ownership in banks
10:35 | 02/11/2024 Finance
Striving for average CPI not to exceed 4%
16:41 | 01/11/2024 Finance
Delegating the power to the government to waive, lower, or manage late tax penalties is suitable
16:39 | 01/11/2024 Finance
Removing difficulties in public investment disbursement
09:30 | 31/10/2024 Finance
State-owned commercial banking sector performs optimistic growth, but more capital in need
09:28 | 31/10/2024 Finance
Stipulate implementation of centralized bilateral payments of the State Treasury at banks
09:29 | 29/10/2024 Finance
Rush to finalize draft decree on public asset restructuring
09:28 | 29/10/2024 Finance
Inspection report on gold trading activities being complied: SBV
14:37 | 28/10/2024 Finance
Budget revenue in 2024 is estimated to exceed the estimate by 10.1%
10:45 | 28/10/2024 Finance
Your care
M&A activities show signs of recovery
13:28 | 04/11/2024 Finance
Fiscal policy needs to return to normal state in new period
09:54 | 04/11/2024 Finance
Ensuring national public debt safety in 2024
17:33 | 03/11/2024 Finance
Removing many bottlenecks in regular spending to purchase assets and equipment
07:14 | 03/11/2024 Finance
Continue to handle cross-ownership in banks
10:35 | 02/11/2024 Finance