HCM City Customs refuses to grant import permits for "gifted and donated" cars

HCM City Customs refuses to grant import permits for "gifted and donated" cars

VCN - According to HCM City Customs Department, many applications for import permits for cars in a non-commercial regime (gifts and donations) were rejected for unreasonable signs.
Collect hundreds of VND billions of tax revenues from donated cars

Collect hundreds of VND billions of tax revenues from donated cars

VCN – The volume of cars imported under a non-commercial regime (donation and gift) soared in the first half of 2021. Through customs valuation, HCM City Customs Department collected more than VND500 billions of tax revenue from this item, the department said.
Transfer dossier to verify if detecting suspicious signs in donating cars

Transfer dossier to verify if detecting suspicious signs in donating cars

VCN- The General Department of Vietnam Customs has requested local customs departments to report and propose the handling plans to the General Department for the instruction of the implementation.
31 imported cars subject to gifts or donations shall be investigated

31 imported cars subject to gifts or donations shall be investigated

VCN- Previously, the General Department of Vietnam Customs was requested by the Inspectorate of the Ministry of Finance to verify the case.
Customs proactively prevents pricing fraud for imported cars in the form of gifts and donations

Customs proactively prevents pricing fraud for imported cars in the form of gifts and donations

VCN- Customs authorities have actively applied strict measures to detect many cases of trade fraud in the declaration of Customs value and collected tens of billions of vnd of tax arrears into the State budget.
Cars in the form of gifts and donations: Loopholes of the policy and trade fraud?

Cars in the form of gifts and donations: Loopholes of the policy and trade fraud?

VCN- Circular 20/2011/ TT-BCT of the Ministry of Industry and Trade has restrained the activities of importing vehicles of many domestic enterprises.
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