Quang Ninh Customs: Revenues tend to decrease
Quang Ninh Customs actively reform the administrative procedures to create favorable conditions for the business community. (Operational activities at the Customs Branch of Cam Pha port border gate). Photo: Quang Hung. |
Leaders of the Import-Export Duty Division under the Quang Ninh Customs Department said that in 2017, although there was no revenue from imported CBU automobiles (the same period in 2016, this commodity group accounted for 51.61% of the total revenue of the Department, equivalent to 1,765 billion vnd), the revenues from imported petroleum highly increased (up by 85%, equal to 650.59 billion vnd over the same period in 2016) and the revenue from imported commodities for investment projects highly increased over the same period in 2016 ( up by 165%, equivalent to 174 billion vnd).
Compared to the first quarter of 2016, Quang Ninh Customs's revenue reached 2,652 billion vnd, down by 24% (equal to 845.9 billion vnd), but the result of target’s performance was very high. In which, the regular revenue generated through seaports accounted for 94.6% and through the land border area accounted for only 5.4% of the total revenues. The main reason was the big increase in value and tax rates of commodities such as petroleum (up 544 billion vnd), export coal (up 69.6 billion vnd), animal feed (up 34.8 billion vnd) , materials for vegetable oil production (up 18 billion vnd).
Revenue from petroleum accounted for nearly 50% of the Department’s total revenue. In 2017, as planned by the Vietnam National Petroleum Group (Petrolimex), the budget revenue from this commodity through the Customs Branch of Hon Gai port was 800 billion vnd. However, revenue from imported petroleum from the beginning of the year to now reached 1,412.28 billion vnd, exceeding the figure planned by the Petrolimex for the first quarter of 2017, 332 billion vnd.
Although the import-export tax revenues in Quang Ninh province was higher than the assigned target, the revenues were forecasted to sharply decrease in the coming time due to some key commodities restricted from import. The leaders of the Customs Branch of Cai Lan port said that compared to the first months of 2016, the revenues of the Branch in the first months of 2017 had a big fluctuation due to automobile imports implemented through Hai Phong port. Thus, the budget revenues mainly depended on investment import for fix asset development; import for business and import of material for export production. However, imported machinery and equipment for Thang Long Thermal Power Plant accounts for nearly 40% (240/602 billion vnd), the revenues of the Branch will deeply decrease in the second quarter of 2017 (because the project is in the phase of completion- said by Reporter).
Along with that, items with stable revenues in previous years such as animal feed and vegetable oil also had big fluctuations. For example, quality of domestic raw materials for cooking oil production is now qualified with factories’ standards, so the domestic raw materials will be used more and the imported raw materials will be limited; and imported animal feed also basically meet the needs of the second quarter of 2017.
Also, through the talk between the Quang Ninh Customs Department and B12 Petroleum Company, it was expected that in the second quarter of 2017, after the testing time, the Nghi Son Oil Refinery Factory will officially supply commercial products to the market, so the Petrolimex will reduce import of petroleum from abroad and mainly use petroleum from Nghi Son Oil Refinery Factory. From May, 2017, there will be no longer protective tax on petroleum, thereby reducing the budget revenues.
Basing on the assessment and analysis of the factors that will affect the state budget collection in 2017, the Quang Ninh Customs Department has asked the units to focus on measures to create favorable conditions for export and import activities and to prevent losses. In particular, regularly monitoring and grasping the situation and closely following the import and export plan of enterprises which have large revenues to promptly remove difficulties and create favorable conditions for import and export activities and stabilize revenue sources.
At the same time, actively recommending the leaders of Quang Ninh provincial People's Committee collection solutions, especially solutions to stabilize current revenue sources and increase new revenue sources; and actively coordinating with provincial competent departments, sectors, and units especially the party committees, local authorities where Customs units located in state budget revenue. And drastically implementing measures to prevent losses through price, quantity, code and origin of goods; and strengthening measures to inspect on site for implementation of procedures of cadres and civil servants; and promptly discovering and strictly handling individuals who fail to comply with regulations, causing loss of tax revenues or causing troubles or negative phenomena.
As updated by the General Department of Customs, by the end of April 16, 2017, the Quang Ninh Customs collected 2,770.8 billion vnd, ranked No. 3 third of the nine municipal and provincial Customs departments with high-revenue of 40% of the budget target assigned by the Ministry of Finance. Specifically, they were Customs departments: Gia Lai - Kon Tum (107.21%); Dak Lak (51.67%); Quang Ninh (51.31%); Ha Nam Ninh (49.44%); Nghe An (48.01%); Ha Tinh (47.08%); An Giang (45.37%); Ha Giang (44.45%); Khanh Hoa (40.34%). |
Related News
Customs sector strengthens anti-smuggling for e-commerce products
19:09 | 21/12/2024 Anti-Smuggling
Preliminary assessment of Vietnam international merchandise trade performance in the second half of November, 2024
15:18 | 19/12/2024 Customs Statistics
Achievements in revenue collection are a premise for breakthroughs in 2025
09:57 | 18/12/2024 Customs
Ministry of Finance stands by enterprises and citizens
15:30 | 13/12/2024 Finance
Latest News
Minister of Finance Nguyen Van Thang: Facilitating trade, ensuring national security, and preventing budget losses
19:09 | 21/12/2024 Customs
Official implementation of the program encouraging enterprises to voluntarily comply with Customs Laws
18:31 | 21/12/2024 Customs
Proactive plan to meet customs management requirements at Long Thanh International Airport
18:30 | 21/12/2024 Customs
An Giang Customs issues many notes to help businesses improve compliance
09:29 | 20/12/2024 Customs
More News
Hai Phong Customs processes over 250,000 declarations in November
15:18 | 19/12/2024 Customs
Binh Duong Customs surpasses budget revenue target by over VND16.8 Trillion
09:39 | 18/12/2024 Customs
Director General Nguyen Van Tho: Customs sector strives to excellently complete 2025 tasks
16:55 | 17/12/2024 Customs
Customs sector deploys work in 2025
16:43 | 17/12/2024 Customs
Mong Cai Border Gate Customs Branch makes great effort in performing work
11:23 | 16/12/2024 Customs
Declarations and turnover of imported and exported goods processed by Lao Bao Customs surge
09:17 | 15/12/2024 Customs
General Department of Vietnam Customs prepares for organizational restructuring
19:28 | 14/12/2024 Customs
Revenue faces short-term difficulties but will be more sustainable when implementing FTA
19:27 | 14/12/2024 Customs
Japanese businesses express satisfaction with HCMC Customs’ Support
09:40 | 12/12/2024 Customs
Your care
Minister of Finance Nguyen Van Thang: Facilitating trade, ensuring national security, and preventing budget losses
19:09 | 21/12/2024 Customs
Official implementation of the program encouraging enterprises to voluntarily comply with Customs Laws
18:31 | 21/12/2024 Customs
Proactive plan to meet customs management requirements at Long Thanh International Airport
18:30 | 21/12/2024 Customs
An Giang Customs issues many notes to help businesses improve compliance
09:29 | 20/12/2024 Customs
Hai Phong Customs processes over 250,000 declarations in November
15:18 | 19/12/2024 Customs