Tax deadline ending for Rolls Royce importer

VCN - Despite promises, so far, Regal Motor Cars Corporation – an importer of luxury Rolls Royce cars has not paid nearly VND 9 billion of tax debt as per their commitment to the Customs.
the deadline nearly ends rolls royce importer still not pay tax under commitments General Department of Vietnam Customs urges Hai Phong Customs to collect tax debts
the deadline nearly ends rolls royce importer still not pay tax under commitments HCM City: Domestic collection achieves VND 207,053 billion
the deadline nearly ends rolls royce importer still not pay tax under commitments Statements of Customs about collection of tax arrears of 50 billion vnd from Rolls-Royce cars
the deadline nearly ends rolls royce importer still not pay tax under commitments

The Rolls-Royce importer in Vietnam is still delaying paying tax debts as committed. Illustrated photo

The corporation has not carried out its commitments

Early November, 2017, Regal Motor Cars Corporation signed a contract with Customs Department of Hai Phong to commit to fully paying their tax liability (nearly VND 9 billion) in November by no later than the end of December 2017. But as the deadline approaches, the Corporation has not paid tax debts as committed.

According to the reporter, on 29th August 2017, Hai Phong Customs Department issued Decision 3330 / QD-HQHP to impose tax of VND 7.35 billion on Regal Motor Cars Corporation and Notice 10958 / TB-HQHP on late payment amount of nearly VND 1.504 billion. The imposed tax was due to the re-determination of the Corporation’s imported goods taxable value.

After receiving the above decision and notice, on 20th September 2017, Regal Motor Cars, Corporation issued Official Letter 1909/2017 / CV-TXNK to Hai Phong Customs Department and General Department of Customs expressing their commitment to comply with the decision on tax assessment by Customs. However, the Corporation said that due to business difficulties, they proposed to pay a partial amount of tax debts and gradually pay the remaining.

"Regal Motor Cars Corporation has always strictly followed the law, but the imposed tax is a big amount (nearly VND 9 billion), especially in the context of when the Corporation’s revenue has seriously declined. Therefore, at this time, the Corporation is unable to fulfil their tax liability at once”. Specified in the written request of Regal Motor Cars Corporation.

It was known that after receiving the written request from Regal Motor Cars Corporation, the Customs authority permitted to let the enterprise gradually pay their tax debt.

The permission of the Customs is in accordance with provisions in Article 39 of Decree No. 83/2013 / ND-CP guiding the implementation of the Law on Tax Administration and the Law amending and supplementing some articles of Law on Tax Administration. The dossiers and the competence to settle for gradual payment of the enterprise’s tax debts are in line with Article 134 of the Ministry of Finance's Circular No. 38/2015 / TT-BTC.

Collaborating with banks to collect more than VND 1 billion of tax debts

Also regarding the handling of tax debts of car importers, Post Clearance Audit Branch (Hai Phong Customs Department) is also trying to urge Thanh Cong Automobile Joint Stock Company (Quang Ninh) to pay all tax debts of about VND 100 million.

Regarding this case, according to Hai Phong Post Clearance Audit Branch, through the review and study of information and results from post clearance audit for Thanh Cong Automobile Joint Stock Company (Quang Ninh), the Customs determined that the company made an inaccurate import declaration for special consumption tax on Ford F-150 five-seat pickup cars.

Specifically, the company declared the special consumption tax rate of 15% (for both passenger and cargo car). However, the certificate of quality, technical safety and environmental protection of imported motor vehicles issued by the Vietnam Register to the company revealed that the commodity was pickup cars, which are used to carry 5 people and do not determine the value of "volume of carriage by design and volume of carriage allowed to travel". According to the Branch, the special consumption tax rate must be exactly 60%.

Representative of Hai Phong Post Clearance Audit Branch said: after promulgating the decision on tax assessment, the Customs authority had taken many drastic measures to speed up the debt collection, such as issuing many official dispatches to inform and urge the company to pay tax; inviting legal representative of the Company to the Customs’s headquarters, and sending Customs officers to the company’s headquarters. However, the Company’s representative was absent and failed to pay tax.

Then, based on the provisions of the law, the Customs authority issued the coercive decision by deducting money from the Company's bank account. The Customs authority received the kind responses from banks, so far the banks (where the company have registered accounts) have deducted the money from the company’s accounts and transferred it to the account of the Customs authority at the State Treasury 3 times, and collected VND 136 billion of the total imposed tax of VND 1,236 billion.

the deadline nearly ends rolls royce importer still not pay tax under commitments Rolls Royce importer has committed to paying tax debts of nearly 9 billion VND

"Currently the company has a tax debt of about VND 100 million. The Customs authority is monitoring and urging the company to pay the taxes. In cases where the company still fails to pay the tax debts, the Customs authority shall carry out the coercive measures as described in Article 93 of the Law on Tax Administration," said by the representative of Hai Phong Post Clearance Audit Branch.

By Thai Binh/ Huyen Trang

Related News

Over 5,000 firms with tax debts at HCM City Customs publicized

Over 5,000 firms with tax debts at HCM City Customs publicized

VCN - HCM City Customs Department has just publicized the list of over 5,500 enterprises with tax debts, overdue fines and enforced overdue debts since the deadline for payment in July 2024, with a total debt of over VND2,453 billion.
Spending over US$2 billion to import nearly 100,000 cars

Spending over US$2 billion to import nearly 100,000 cars

VCN - The number of imported CBU cars in the first half of August remained high, according to the latest preliminary statistics from the General Department of Customs.
Handling tax debts for imported goods under the type of processing

Handling tax debts for imported goods under the type of processing

VCN - The General Department of Vietnam Customs has just guided the Dong Nai Customs Department to resolve difficulties in handling tax debts for imported goods under the type of processing type, export production and investment which subjected to tax exemption.
Scraps "disguised" as ordinary goods

Scraps "disguised" as ordinary goods

VCN - Establishing businesses in many provinces and cities to commit violations in goods export activities is a new trick discovered by Hai Phong Customs when investigating recent violations.

Latest News

Vietnam and China promote Customs cooperation

Vietnam and China promote Customs cooperation

VCN - The representative of Vietnam Customs and the Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Vietnam exchanged the Action Plan between the General Department of Vietnam Customs (GDVC), the Ministry of Finance of the Socialist Republic of Vietnam and the General Administration of Customs of the People's Republic of China (GACC) on the Mutual Recognition Agreement on Authorized Economic Operator of Vietnam Customs and the Enterprise Credit Management Program of China Customs, on October 13, 2024, at the Government headquarters.
Ha Tinh Customs faces many difficulties in budget collection

Ha Tinh Customs faces many difficulties in budget collection

VCN - According to Ha Tinh Customs Department, from May 2024, due to the impact of market consumption, output products of many enterprises have been in stock, leading to enterprises having to cut down on the import of input materials. This has affected the unit's revenue.
Binh Dinh Customs facilitate enterprise exporting wood

Binh Dinh Customs facilitate enterprise exporting wood

VCN - More than 100 enterprises carrying out procedures for exporting wood through Quy Nhon port have been supported by Binh Dinh Customs Department to facilitate. This has been recognized and highly appreciated by enterprises.
Customs sector proactively manages cross-border e-commerce

Customs sector proactively manages cross-border e-commerce

VCN - E-commerce is growing strongly, but poses many challenges, especially the control of imported and exported goods across borders.

More News

Customs sector

Customs sector's budget revenue in September continues to decline

VCN - In September 2024, state revenue from import-export activities reached VND 31,126 billion, down 12.4% compared to August 2024.
Solutions for developing customs broker agents in the new context

Solutions for developing customs broker agents in the new context

VCN - Customs broker agents (CBA) are performing well as a bridge between the Customs authority and enterprises, however, many problems still arise during their operations.
Key takeaways from supporting business compliance

Key takeaways from supporting business compliance

VCN - Some local customs units have closely coordinated with warehouse and port businesses to notify member businesses to support earlier delivery and faster clearance of goods.
Ha Nam Ninh Customs accompanies typical enterprises of Ha Nam, Nam Dinh and Ninh Binh provinces

Ha Nam Ninh Customs accompanies typical enterprises of Ha Nam, Nam Dinh and Ninh Binh provinces

VCN - On the occasion of Vietnam Entrepreneurs Day, on October 9, in Ninh Binh City, Ha Nam Ninh Customs Department held a conference to meet, congratulate and honor typical entrepreneurs and enterprises representing nearly 1,000 enterprises regularly carrying out customs procedures in the three provinces of Ninh Binh, Ha Nam and Nam Dinh.
Steering Team for developing technical processes established at Long Thanh International Airport

Steering Team for developing technical processes established at Long Thanh International Airport

VCN - The General Department of Vietnam Customs (GDVC) has just issued a Decision to establish a Steering Team for developing technical processes at Long Thanh International Airport, headed by Deputy Director General Au Anh Tuan.
Customs supports compliant businesses to improve investment environment

Customs supports compliant businesses to improve investment environment

VCN - When participating in the Pilot Program to support and encourage enterprises to voluntarily comply with Customs law, enterprises will become more professional and proactive, thereby enhancing their image and position, expanding partners, markets and making production and business activities more favorable.
Businesses reduce costs by complying with customs laws

Businesses reduce costs by complying with customs laws

VCN - Customs authorities assess enterprises with good compliance levels, thereby reducing the implementation work of Customs authorities and devoting more resources to manage enterprises that are assessed as having poor compliance or not complying with the law.
Design concept of Customs headquarters at Long Thanh airport

Design concept of Customs headquarters at Long Thanh airport

VCN - The design concept of the Customs headquarters at Long Thanh International Airport evokes the image of an airplane associated with the control characteristics of the Customs.
Enterprises should proactively comply with customs laws

Enterprises should proactively comply with customs laws

VCN - At the online talk show with the topic "Enterprises voluntarily comply with customs laws: Perspectives from both sides", Mr. Duong Quoc Phi, Head of Import-Export Division of Vietnam Precision Industrial No. 1 Co., Ltd, said that to comply with customs laws, enterprises themselves must be proactive in complying with the law, which will bring benefits to them.
Read More

Your care

Latest Most read
Vietnam and China promote Customs cooperation

Vietnam and China promote Customs cooperation

VCN - After the talks, Prime Minister Pham Minh Chinh and Chinese Premier Li Qiang witnessed the handover ceremony of cooperation documents between the two countries.
Ha Tinh Customs faces many difficulties in budget collection

Ha Tinh Customs faces many difficulties in budget collection

VCN - According to Ha Tinh Customs Department, from May 2024, due to the impact of market consumption, output products of many enterprises have been in stock, leading to enterprises having to cut down on the import of input materials. This has affected th
Binh Dinh Customs facilitate enterprise exporting wood

Binh Dinh Customs facilitate enterprise exporting wood

More than 100 enterprises carrying out procedures for exporting wood through Quy Nhon port have been supported by Binh Dinh Customs Department to facilitate
Customs sector proactively manages cross-border e-commerce

Customs sector proactively manages cross-border e-commerce

VCN - Along with that, domestic consumers also have access to more diverse and abundant products from foreign markets.
Customs sector

Customs sector's budget revenue in September continues to decline

In September 2024, state budget revenue from import-export activities reached VND 31,126 billion, down 12.4% compared to August 2024.
Mobile Version