Two companies forced to suspend import and export due to late payment of taxes

By Le Thu/ Ngoc Loan

09:14 | 25/08/2021 Anti-Smuggling Follow english.haiquanonline.com.vn on

VCN – As of August, the two HCM City-based companies have been forced to suspend their import and export activities as they failed to pay taxes worth over VND4.2 billion.

	Handling of tax on goods that cannot be produced domestically
	Can fines and late payment interest be exempted in case of force majeure?
	Tax authority cancels VND1,470 billion of tax debts and late payment fees

Two companies forced to suspend import and export due to late payment of taxes

Customs officers in HCM City Customs Department at work. Photo:Thu Hoa

The HCM City Customs Department discontinued procedures for imports and exports involving Hong Viet Production Trading Service Joint Stock Company in line with the local tax authorities’ sanction.

This company has been forced to pay taxes worth over VND3.9 billion since it missed the deadline by more than three months.

Similarly, the local tax department has suspended customs clearance for Montrose Consulting Co., Ltd for its late payment, and requested the company to pay taxes worth about VND250 million.

Over the past three months, HCM City Customs Department has issued decisions to suspend procedures for imports and exports among companies that have deliberately failed to pay their taxes by the deadline.

Many companies paid taxes after the local department enforced sanctions.

By Le Thu/ Ngoc Loan

Tags:

tax late payment sanction HCM. City Customs Department

Related News

Tax sector achieves revenue target of about VND1.7 million billion

18:32 | 21/12/2024 Finance

VCN – Motivated by the revenue collection by the end of December 2024, the General Department of Taxation has accomplished the revenue collection.

Achievements in revenue collection are a premise for breakthroughs in 2025

09:57 | 18/12/2024 Customs

VCN – Motivated by great efforts and effective implementation of solutions, as of December 10 the total State revenue from imports and exports saw a year-on-year increase of 13.8% to VND397,861 billion, meeting 106.1% of the estimate. The revenue us estimated to reach VND420,000 billion, meeting 112 % of the estimate, up 13.9% over the same period in 2023. The achievements in 2024 are a premise for a breakthrough in revenue collection in 2025.

Answering many questions from businesses at dialogue conference on tax and customs policies

10:01 | 17/12/2024 Finance

VCN - Many opinions and recommendations related to tax and customs issues were raised by the business community at the dialogue on tax and customs policies and administrative procedures in 2024, organized by the Ministry of Finance.Representatives of the Ministry of Finance, the General Department of Taxation, and the General Department of Customs provided specific responses, and affirmed that they will continue to research and advise on the assessment, review, and amendment and supplementation of appropriate regulations.

Stimulate production and business, submit to the National Assembly to continue reducing 2% VAT

15:47 | 02/12/2024 Finance

VCN - Reducing value added tax (VAT) has an impact on the decrease of state budget revenue but also stimulates production and promotes business activities, thereby contributing to creating more revenue for the state budget.

Latest News

Drug trafficking ring busted: Synthetic drugs concealed in pickled bamboo containers

15:50 | 26/12/2024 Anti-Smuggling

VCN - Law enforcement agencies successfully dismantled two major drug trafficking operations, seizing a significant quantity of illicit drugs along with firearms and ammunition.

High-risk of foreigners colluding with drug traffickers to produce drugs in Vietnam

11:08 | 26/12/2024 Anti-Smuggling

VCN – The Vietnamese Ministry of Public Security's Investigation Police Department on Drug-related Crimes (C04) said that the Chinese and Taiwanese (China) suspects colluding to illegally procedure synthetic drugs in Vietnam show high-risk.

Exposing methods of hiding drugs and contraband goods through Cha Lo international border gate

09:00 | 24/12/2024 Anti-Smuggling

VCN - Hiding drugs inside personal shoes, cake boxes, paintings, storage compartments, ashtrays, in the hood and under the gear lever of cars...; mixing fireworks inside cargo containers, cabins, storage compartments, under the hood of vehicles... are the methods and tricks of the smugglers that have been discovered by the Cha Lo Border Gate Customs Branch (Quang Binh Customs Department).

Prevent counterfeit goods on e-commerce platforms

13:54 | 22/12/2024 Anti-Smuggling

VCN – Development of e-commerce has facilitated people but increased commercial fraud, especially counterfeit goods, goods infringing on intellectual property, goods of unknown origin.

More News

Customs sector strengthens anti-smuggling for e-commerce products

19:09 | 21/12/2024 Anti-Smuggling

VCN – In 2025 and in the near future, the General Department of Vietnam Customs (GDVC) will strengthen inspection and control for imports and transportation of products traded via online applications, goods traded on e-commerce platforms and sent via express delivery service, Director of the Anti-smuggling and Investigation Department Vu Quang Toan said.

At the end of the year, there is concern of counterfeit and smuggled goods entering into Ho Chi Minh City

09:31 | 20/12/2024 Anti-Smuggling

VCN - Ho Chi Minh City is implementing many solutions to prevent smuggled and counterfeit goods from entering the market at the end of the year.

Rise in e-commerce violations sparks concern

09:31 | 20/12/2024 Anti-Smuggling

VCN - The increasing sophistication of violations in e-commerce operations is presenting significant challenges for regulatory agencies, with offenders employing advanced tactics to evade detection.

Lang Son intensifies crackdown on smuggling and trade fraud

15:19 | 19/12/2024 Anti-Smuggling

VCN - The end of the year marks a period of heightened smuggling and trade fraud activities along the Lang Son provincial border. In response, local enforcement agencies have ramped up inspections and controls to detect and prevent tax evasion, counterfeit goods, and smuggling operations.

Numerous FDI enterprises face suspension of customs procedures due to tax debt

09:57 | 18/12/2024 Anti-Smuggling

VCN - Several foreign direct investment (FDI) enterprises in HCM City have been subjected to coercive measures, including the suspension of customs procedures, for overdue import-export and domestic tax liabilities.

Concerns over counterfeit goods in e-commerce and express delivery

10:00 | 17/12/2024 Anti-Smuggling

VCN - The proliferation of counterfeit goods and intellectual property (IP) violations in e-commerce has become a significant challenge for businesses and authorities alike. This issue was highlighted at the seminar titled "Enhancing Cooperation to Combat Smuggling, Counterfeiting, and IP Violations," organized by Customs Magazine last weekend in Ho Chi Minh City.

Illegal transport of currency and gold tends to increase near Lunar New Year

19:29 | 14/12/2024 Anti-Smuggling

VCN - The smuggling, trade fraud and illegal transportation of goods across the border has become complicated, especially illegal transport of currency and gold.

Smuggling forecast for the Lunar New Year 2025 will be complicated

10:24 | 13/12/2024 Anti-Smuggling

VCN - This is the assessment made by the Steering Committee 389 of the Ministry of Finance during the peak of the fight against smuggling, trade fraud and counterfeit goods before, during and after the Lunar New Year 2025.

Tax authorities crack down on invoice fraud to legalize smuggled goods

09:41 | 12/12/2024 Anti-Smuggling

VCN - As part of efforts to combat smuggling and trade fraud during the Lunar New Year season, the Steering Committee 389 of the Ministry of Finance has instructed the General Department of Taxation to intensify enforcement against illegal practices involving fraudulent invoices and tax evasion.

Your care

Latest Most read