Raising funds for the prevention of tobacco smuggling

VCN- The Ministry of Finance is drafting a Circular amending and supplementing Article 6 of Circular No. 19/2015 / TT-BTC on mechanisms for raising and management of funds to support the prevention, control of tobacco smuggling and anti-counterfeit tobacco.
raising funds for the prevention of tobacco smuggling Illegal raw material export
raising funds for the prevention of tobacco smuggling Enterprises need to protect their account and digital signatures
raising funds for the prevention of tobacco smuggling Long An: Cigarette smuggling increasing
raising funds for the prevention of tobacco smuggling
The functional forces seize counterfeit cigarettes.

Accordingly, the amount of money for beneficiaries from the Fund for prevention of tobacco smuggling, control of tobacco smuggling and anti-counterfeit tobacco is raised from 3,000 vnd to 4,000 vnd per pack of 20 cigarettes (not differentiated by the value of cigarettes). In addition, the authorities will support 500 vnd per pack of 20 cigarettes for destruction of illicit cigarettes and counterfeit cigarettes, which encourages the use of measures friendly with the environment and in accordance with the local conditions.

For 4000 vnd to support these above operations, the authorities will deduct 200 dong per pack of 20 cigarettes (5%) to support the National Steering Committee 389; 280 vnd per pack of 20 cigarettes (7%) to support the Local Steering Committee where smuggled cigarettes and counterfeit cigarettes are seized and destroyed; and 200 vnd per pack of 20 cigarettes (5%) to support the Fund's Executive Board of the Vietnam Tobacco Association. The remaining money will be used for supporting the forces who directly implement prevention, anti-smuggling and the fight against the counterfeit cigarettes trade.

raising funds for the prevention of tobacco smuggling Digital signatures misused for smuggling

VCN- Currently, a number of perpetrators have made use of digital signatures of enterprises which have prestige ...

The draft will be submitted to the Ministry of Finance for comments before issuance.

By Hong Van/ Hoang Anh

Related News

Closely follow the situation, research and propose many solutions about taxes and fees to support the economy

Closely follow the situation, research and propose many solutions about taxes and fees to support the economy

VCN - In 2024, along with evaluating and summarizing the implementation of support solutions that have been issued, the Ministry of Finance will continue to coordinate with ministries and branches to closely monitor the actual situation and forecast the situation of socio-economic development to research and propose to competent authorities about support solutions on taxes and fees to apply in 2024.
Strengthening fight against smuggling, illegal cross-border transportation of goods

Strengthening fight against smuggling, illegal cross-border transportation of goods

VCN - The Ministry of Finance is requesting the General Department of Customs and the General Department of Taxation to strengthen inspection, supervision, and prevention of smuggling, trade fraud, and illegal transportation of goods across the border.
Strictly control and combat gold smuggling

Strictly control and combat gold smuggling

VCN – The General Department of Vietnam Customs (GDVC) requires local customs departments to strengthen inspection, control and prevention for illegal transportation of gold products across the border, and strictly monitor gold imports and exports of legitimate gold companies.
“Opportune environment” for growth of insurance enterprises

“Opportune environment” for growth of insurance enterprises

VCN - According to the Ministry of Finance, in the first quarter of 2024, total assets of insurance enterprises are estimated to reach VND 934.8 trillion, an increase of 11%; Investment back into the economy is estimated at VND 7,776.5 trillion, an increase of 8.7%. These are positive numbers for insurance enterprises to expect positive business results for the whole year 2024.

Latest News

Proposal to continue reducing VAT by 2% to support people and businesses

Proposal to continue reducing VAT by 2% to support people and businesses

In the first 4 months of 2024, Vietnam's economy achieved a higher growth rate than the same period of 2020-2023. However, the difficulties of the economy are still great, the recovery of the business community is still slow. Therefore, the Government has just submitted a proposal to the National Assembly for consideration, allowing to the continued implementation of the policy of reducing the value-added tax (VAT) rate by 2% for a number of groups of goods and services that are being subjected to VAT rate of 10% in the last 6 months of 2024. This is a support policy that is bringing many practical effects to people and businesses.
Research and correct customs supervision processes at international airports

Research and correct customs supervision processes at international airports

VCN - To continue to improve professional processes related to customs inspection and supervision, General Department of Vietnam Customs has drafted a decision to amend Decision No. 3280/QD-TCHQ dated September 30, 2016 on the inspection and supervision process for luggage of people on exit and entry; customs supervision activities at international airports.
Small, low-value items imported on e-commerce platforms should be taxed

Small, low-value items imported on e-commerce platforms should be taxed

Millions of packages of small, low-value items that are crossing the border into Vietnam daily should be subjected to VAT, special consumption and environmental taxes, according to industry experts and domestic e-commerce sellers.
Customs finds difficulties because there is no e-cigarette management policy

Customs finds difficulties because there is no e-cigarette management policy

VCN - E-cigarette products are invading and being used more and more commonly in our country, especially among young people, teenagers, and students. Meanwhile, there is currently no management policy for this item, making it difficult for Customs to determine violations and apply sanctions.

More News

Are goods imported on-spot for export production eligible for tax refund?

Are goods imported on-spot for export production eligible for tax refund?

VCN - That is a problem of the Binh Duong Customs Department related to the process of handling tax refunds for goods imported to produce exported goods and exported by Thai Binh Investment Joint Stock Company.
Risk prevention solutions for export processing and production enterprises

Risk prevention solutions for export processing and production enterprises

VCN - Identifying common errors to comply with regulations, prevent risks, and limit mistakes arising in preparing final settlement reports is an issue which many export processing and production enterprises concern.
Conditions for price reduction of imported goods

Conditions for price reduction of imported goods

VCN - To meet the price reduction conditions, the documents, sales contracts, and price reduction agreements must state the reason for the price reduction.
Circular 83/2014/TT-BTC will be abolished from June 8

Circular 83/2014/TT-BTC will be abolished from June 8

VCN - On April 23, the Minister of Finance issued Circular 25/2024/TT-BTC on abolishing Circular 83/2014/TT-BTC guiding the implementation of Value Added Tax (VAT) under Vietnam's Nomenclature of imports. Accordingly, Circular 83/2014/TT-BTC will be abolished from June 8, 2024.
Proposal to continue reducing VAT by 2% in the last  6 months of 2024

Proposal to continue reducing VAT by 2% in the last 6 months of 2024

VCN - The Government has just submitted a proposal to the National Assembly to consider and allow the continued implementation of the policy of reducing Value Added Tax (VAT) by 2% for a number of groups of goods and services that are currently subject to a VAT rate of 10% in the last 6 months of 2024 (from July 1, 2024 to December 31, 2024). According to the Government's calculations, applying the policy of reducing the VAT rate by 2% for the last 6 months of 2024 reduces revenue by about 24 trillion VND.
Seafood exporters are worried about some inadequacies from the two new decrees

Seafood exporters are worried about some inadequacies from the two new decrees

VCN - From May 2024, two new Government decrees directly related to the enforcement of fisheries laws by seafood exporting enterprises will take effect, but have inadequate contents, makes businesses worried.
Risk prevention solutions for processing and export manufacturing businesses

Risk prevention solutions for processing and export manufacturing businesses

VCN - Identifying common errors to comply with regulations, prevent risks, and limit errors arising in preparing final settlement reports is an issue of concern to many export processing and manufacturing enterprises.
Reporting to the National Assembly for considering VAT reduction in the second half of 2024

Reporting to the National Assembly for considering VAT reduction in the second half of 2024

VCN - The Government assigned the Ministry of Finance to summarize and evaluate the results of reducing VAT rates to report at the 7th Session, and the 15th National Assembly for consideration and allowing to implementing in the second half of 2024.
The Prime Minister requested that before April 25, complete the revision of regulations on import and export of medicinal materials

The Prime Minister requested that before April 25, complete the revision of regulations on import and export of medicinal materials

VCN - The Ministry of Health, according to its assigned functions, tasks and authority, presides and coordinates with the Ministry of Finance and relevant agencies to urgently review, research, amend and complete the Ministry's regulations on import and export of medicinal materials.
Read More

Your care

Latest Most read
Proposal to continue reducing VAT by 2% to support people and businesses

Proposal to continue reducing VAT by 2% to support people and businesses

The Government has just submitted a proposal to the National Assembly for consideration, allowing to the continued implementation of the policy of reducing the VAT rate by 2% in the last 6 months of 2024
Research and correct customs supervision processes at international airports

Research and correct customs supervision processes at international airports

GDVC has drafted a decision to amend Decision No. 3280/QD-TCHQ dated September 30, 2016 on the inspection and supervision process for luggage of people on exit and entry
Small, low-value items imported on e-commerce platforms should be taxed

Small, low-value items imported on e-commerce platforms should be taxed

Millions of packages of small, low-value items that are crossing the border into Vietnam daily should be subjected to VAT, special consumption and environmental taxes, according to industry experts and domestic e-commerce sellers.
Customs finds difficulties because there is no e-cigarette management policy

Customs finds difficulties because there is no e-cigarette management policy

VCN - E-cigarette products are invading and being used more and more commonly in our country, especially among young people, teenagers, and students. Meanwhile, there is currently no management policy for this item, making it difficult for Customs to determine violations and apply sanctions.
Are goods imported on-spot for export production eligible for tax refund?

Are goods imported on-spot for export production eligible for tax refund?

That is a problem of the Binh Duong Customs Department related to the process of handling tax refunds for goods imported to produce exported goods and exported by Thai Binh Investment Joint Stock Company.
Mobile Version