Imported cars decreased, budget revenue of Ho Chi Minh City Customs encountered difficulties

Officials of Hiep Phuoc Port Border Gate Customs Sub-department carry out procedures for imported cars. Photo: T.H

Revenue decreased by over 5,000 billion VND

According to Ho Chi Minh City Customs Department, total import-export turnover in the first 4 months of 2024 reached 41.3 billion USD, an increase of 11.74% over the same period in 2023 (an increase of 4.34 billion USD). Of which, export turnover reached 20.58 billion USD, an increase of 18.8%, an increase of 3.26 billion USD respectively; Import turnover reached 20.72 billion USD, up 5.5%, equivalent to an increase of 1.08 billion USD. Notably, import-export turnover with tax increased by nearly 400 million USD, reaching 12.25 billion USD.

Although the turnover of imported and exported goods with taxes has increased, the state budget revenue of Ho Chi Minh City Customs Department in the first 4 months of 2024 has only collected 38,329.2 billion VND, reaching 29.3% of the assigned ordinance estimate (130,800 billion VND). VND), down 11.78%, equivalent to an absolute decrease of VND 5,115.9 billion compared to the same period in 2023.

According to analysis of the Import-Export Tax Division, state budget revenue decreased compared to the same period in 2023 mainly due to the impact of reduced turnover. In particular, main items with high tax rates and large values ​​have reduced state budget revenue. Specifically, imported complete cars of all types in 4 months reached over 19,000 units, turnover with tax reached 0.35 billion USD, down 30.2% in volume, down 43.2% in value compared to the same period in 2023; The tax amount paid to the state budget on imported complete cars is 5,516.8 billion VND, down 51.78% (absolute decrease of 5,924.4 billion VND) compared to the same period in 2023. Machinery, equipment, tools, other imported spare parts reached a turnover with tax of 1.44 billion USD, down 7.8% in value; The receivable amount of tax to the state budget reached 3,496.9 billion VND, down 3% (absolute decrease of 108.2 billion VND).

In addition, the reason for the decrease in revenue compared to the same period last year is also due to the impact of the policy of reducing 2% of value added tax according to Resolution 110/2023/QH15 dated November 29, 2023 of the National Assembly.

Many solutions for state budget collection

Assessing the causes affecting state budget revenue, Ho Chi Minh City Customs Department has been implementing many solutions to strive to complete the ordinance targets. In particular, strengthen monitoring, synthesis, analysis, evaluation and forecasting of state budget revenue situation at the unit; Regularly analyze data and evaluate the impact of factors affecting state budget revenue: such as the influence of the world economy, the impact of tax policies on items that account for a large proportion of state budget revenue, results of implementing guiding documents of the Government, Ministry of Finance, and General Department of Customs to develop appropriate solutions.

Strengthen tax debt handling, strive to achieve high results in tax debt management in 2024. Do not let difficult-to-recover tax debt arise, well implement the motto "reducing 1 dong of tax debt is increasing revenue by 1 dong for the state budget to restore and develop the economy". The total amount of overdue tax debt as of April 30, 2024 is over 1,878 billion VND, down 1.4 billion VND compared to the same period last month.

To effectively collect debt, Ho Chi Minh City Customs Department directs units to seriously and effectively implement tasks and solutions according to Plan No. 409/KH-HQTPHCM dated February 26, 2024 of Ho Chi Minh City Customs Department on implementing tax debt recovery and handling in 2024; Focus on reviewing and firmly grasping the tax debt situation; Drastically handle and enforce the recovery of rental debt according to the provisions of law; strive to reduce tax debt according to the assigned targets in 2024, not letting debt at December 31, 2024 be higher than December 31, 2023.

Consistently and effectively implement tax policies for import and export goods, especially tax exemption, tax reduction, tax refund, tax non-collection, handling of tax, late payment interest, and overpayment fines at Sub-department. At the same time, seriously and effectively implement the instructions of the General Department of Customs on customs valuation work, coordinate with branches to organize consultations quickly, accurately, effectively, and collect taxes correctly and fully for the state budget; Focus on price consultation, list of goods at risk of price, price check warnings on the customs clearance system, limit the omission of shipments with low declared prices but not investigated and consultated, causing loss of state budget revenue both during and after customs clearance.

Regularly review and inspect the classification and application of tax codes on goods during customs clearance and post-clearance, focusing on groups of goods with large turnover, goods that are easily confused with codes, and green channel or cleared shipments containing goods similar to those in the Classification, Analysis Notifications, cases where the same goods are declared with different codes or inconsistent classification analysis results in order to timely collect taxes due to incorrect application of codes, preventing businesses from taking advantage of the openness of the law to cheat on codes and tax rates.

In the first 4 months of 2024, Ho Chi Minh City Customs Department actually 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% out of the the total declarations that have undergone price consultation, contributing to increasing state budget revenue by over 36 billion VND.