gifts

There has been no loss of tax revenue from donated and gifted cars

14:55 | 10/06/2022 Finance

VCN - Minister of Finance Ho Duc Phoc affirmed that, after a review process and according to the report of the General Department of Customs, there has been not a loss of tax revenue from donated and gifted cars, since the taxes have been paid in full.

Tax payable increases by more than VND1,400 billion after re-valuation of cars as gifts

09:28 | 01/06/2022 Customs

VCN – The customs agency has carried out all procedures to collect all taxes on imported cars as gifts.

The Ministry of Finance directs GDVC to clarify the import of supercars as gifts

14:03 | 27/05/2022 Finance

Minister of Finance sent a request document to GDVC to urgently organize the inspection and check the contents reported on the irregularities in the importation of supercars as gifts

Cars as gifts and donations must pay extra income tax

14:02 | 27/05/2022 Customs

VCN - The GDVC has investigated and handled some cases of tax evasion and fraud or transferred to competent agencies for handling, and reported to the Prime Minister to issue management policies to prevent violations.

Goods and gifts are no longer subject to preferential tariff under Resolution 106

09:03 | 04/12/2021 Regulations

For cases when an enterprise imports gifts or presents from a foreign organization to an organization in Vietnam, the policy of import duty and value-added tax will not be applied, per resolution No. 106/NQ-CP

Gifts not subject to tax incentives under Resolution 106

10:23 | 01/12/2021 Regulations

VCN - According to the General Department of Customs, imported gifts or presents from a foreign organization to an organization in Vietnam will not be subject to import tax and value-added tax policies applicable to goods imported for use as humanitarian

Customs seizes over 60,000 tablets of Covid-19 medication in gifts and donations

09:18 | 16/09/2021 Anti-Smuggling

VCN – The infringing goods were imported from India to Noi Bai International Airport under the form of gifts and donations and sent via express delivery service.

Amending a number of regulations on customs procedures stipulated in Decree 08/2015/NĐ-CP

18:42 | 11/11/2020 Regulations

In the draft decree amending and supplementing a number of articles of Decree 08/2015/ND-CP on customs procedures, customs inspection and supervision, one of the contents to be revised is customs procedures

Timely prevent smuggled goods in presents and gift

08:06 | 06/02/2019 Anti-Smuggling

Among 125 violation cases of customs laws discovered by Express Customs Branch - HCMC Customs Department in 2018, there were 22 cases of drugs concealment in gifts and presents.

New way of tax fraud from gifts

11:55 | 14/05/2018 Anti-Smuggling

VCN- Instead of importing presents as usual, the smugglers imported goods under the form of individual gifts, false declaration of goods to defraud tax and avoid specialized inspection. The Customs Department of Ho Chi Minh City has detected the violation