​The Customs of Ho Chi Minh City: Must collect nearly 22 trillion dong in 2 last months of year

	HCM City Tax Department: severely prevent tax loss from real estate
	Ho Chi Minh Customs: Peak period deployment for anti-smuggling in the last months of the year
	The Customs Department of Ho Chi Minh City: Supporting FDI Enterprises

The automobiles import through the Hiep Phuoc port, Ho Chi Minh City. Photo: T.H.

Reducing the budget collection of nearly 13.000 billion dong

According to the of Customs Department Ho Chi Minh City, in October 2018, the unit reached 10,381 billion of revenue, up 20% compared with September, 2018, and up 21.5% compared with October 2017. Thus, from the beginning of the year to October 31, 2018, the Customs Department of Ho Chi Minh City has collected 86,363 billion of budget, reaching 80% of the ordinance estimates, reaching 99.05% over the same period in 2017 (87,219 billion dong).

According to Mr. Nguyen Quoc Toan, Deputy Head of Import-Export Tax Division – the Customs Department of Ho Chi Minh City, the State budget revenue in October 2018 increased significantly compared with September 2015 due to turnover of some taxable items with stable high imports in October. Specifically, turnover for imported cars of all kinds reached US$ 55.9 million (in September 2018 reached US$ 53.1 million), the turnover of automobiles under 9 seats reached US$ 12.9 million (September 2018 achieved US$ 18.6 million); Diesel and airplane gasoline increased well with US$ 320.7 million (September 2018 reached US$ 204.2 million), the computer products and other equipment reached US$ 1.452 billion (September 2018 reached US$ 1.408 million); The consumer goods such as food, fabric... also increased slightly compared to September 2018.

Although the State budget revenue in October 2018 increased by 20% compared to September, but due to policy influences, the revenue of the Customs Department of Ho Chi Minh City decreased sharply in the past 10 months. According to the analysis of the Customs Department of Ho Chi Minh City, in 10 months of 2018, the unit’s reduced revenue was 13,000 billion dong. Of which, 8 trillion dong is reduced from the tariff lines of the 11 FTAs; decrease of the revenues from the imported cars under Decree 116 were about 3,600 billion dong, and decrease of revenue from petroleum was 1,400 billion dong.

According to the Customs Department of Ho Chi Minh City, if there was no tax reduction effect, by the end of October 2018 the unit would have collected 99,450.00 billion dong, up 14% over the same period last year, reaching 87.222 billion dong (increase turnover 11.17%). This shows that the Customs Department of Ho Chi Minh City has directed, operated, promulgated the plan, and produced solutions in the right direction. The Customs Department has made great efforts to collect the State budget and combat smuggling and trade fraud.

Based on the real situation of economic development in 2018 and in the last months of the year, the enterprises start importing consumer goods to serve people's needs during the holidays and Tet, so the revenue estimates of the budget for November will be about 10.5 trillion dong. Thus, in December 2018, the Customs Department of Ho Chi Minh City must strive to collect 11,300 billion VND to complete the estimated 108,000 billion.

Promoting revenue collection efficiently

According to the Customs Department of HCMC, the task of the last two months of 2018 would be much more difficult than in 2017, however, according to the plan and forecast, the unit would strive to collect the budgets of 108,000 billion VND, 100% of assigned targets. To complete this target, the leaders of the Customs Department of Ho Chi Minh City directed the units to deploy anti-smuggling and trade frauds thoroughly; Focus on luxury car imports from Europe, Japan, Korea, USA; Consumer goods for many holidays, Tet holidays; Along with that, the units would continue to facilitate trade, create trust in the enterprises; manage strictly, collect in full and correctly; implement publicity and transparency of administrative procedures. It is expected a meeting will be held to mobilize the enterprises with large revenues to pay taxes accrued over many years for the budget of Ho Chi Minh City, to pay attention to carry out orders and pay taxes at the Department.

HCM City Tax Department: Coercing and recovering more than 9,500 billion VND of tax debt VCN – Over 25,000 tax enforcement decisions, with the total amount of tax debt over 10,300 billion ...

Managing and handling the taxes are also paid special attention by the Customs Department of Ho Chi Minh City. In addition, the unrecoverable debt of over 1,500 billion, the recoverable tax debt of over 930 billion is being processed by the Customs Department of Ho Chi Minh City. The Customs Department of Ho Chi Minh City said that in the past, the Customs Sub-Department’s management of tax debt within 90 days was quite good so the amount of arising tax was low, only over 5 billion dong. As for the recoverable debts which were overdue for 90 days, due to the debt of 2 enterprises from the post-customs clearance inspection with the tax amount of more than 700 billion VND, it is expected that they would be handle 2 amount of debts by December 2018 completed, the recoverable tax debt overdue more than 90 days was only 182 billion dong. For the target the General Department of Customs assigned of 365.83 billion of debt in 2018, the Customs Department of Ho Chi Minh City would fulfill after handling the tax debts of over 700 billion dong of these 2 enterprises.