Arrears collectionof more than 13 billionvnd from electric vehicle batteries

VCN- On 20th September 2016, a Customs News source said that in early September, Customs authorities collected more than 13 billion vnd fromelectric vehicle batteries.
arrears collectionof more than 13 billionvnd from electric vehicle batteries

As Customs News has reported, a General Department of Customs’ Inspector has debunked a fraud on the amount of imported electric vehiclebatteries by some businesses, mostly are imported batteries from China to evade taxes.

Accordingly,many businesses importing batteries for electric vehicles (including electric scooters and electric bicycles) declared that they imported 48V battery types with declared price is about $US 12 each.

However, over the Customs force course of the investigation and verification (from market information and import samples kept at Customs authorities) the actual imports arefour12V batteries, at about $US 12 each.

Thus, with variation in the number of four12V batteries to one 48V battery, while the declared price is unchanged, businesses have reduced the value of the goods is only a quarter of the actual goods import value, leading to the amount of tax payable decreasing significantly compared to the regulations.

Working with Customs News, Inspector representatives ofthe General Department of Customs, said: Pursuant to the provisions of law and violations of enterprises, Customs authorities haverequiredelectric vehicle batteries (in some Northern Customs departments) to declare and pay additional tax as prescribed. Where enterprises do not agree with this plan,Customs authorities will carry out post-clearance audit as prescribed.

After working with Customs authorities, many businesses have accepted the plan and declared additional supplements,and paid the outstanding tax amount. Until now,Customs authorities have received more than 13 billionvnd as mentioned above.

An officer who was directly involved detected past cases of violation warning: This case again shows that fraud and tax evasion in import-export activities are always very complicated with sophisticated tricks, which requirescontinuing attention, frequently updating information from the Customs database and market information for timely and effectively preventing fraudulent behavior, especially with new products such as electric vehicle batteries.

By T.Binh/ Luong Ngoc

Related News

Customs expands compliance assessment

Customs expands compliance assessment

VCN- Adraft decision guiding the the application of risk management in customs operation expands compliance assessment for all customs declarants, including import-export enterprises, customs brokers and international postal service providers.

Latest News

Vietnam ready to export first batch of sweet potatoes to China

Vietnam ready to export first batch of sweet potatoes to China

Vietnam’s 70 sweet potato cultivation areas and 13 packaging facilities have been licenced to export to China, reported the Ministry of Agriculture and Rural Development (MARD)’s Plant Protection Department.
23 customs offences prosecuted

23 customs offences prosecuted

VCN – In the first quarter of 2023, Customs has prosecuted and prosecuted other competent agencies for prosecuting 18 violations.
Customs seizes 20 drug-related offences

Customs seizes 20 drug-related offences

VCN – In the first quarter of 2023, the Customs sector has tackled many cases of transnational drug trafficking and transportation, the General Department of Vietnam Customs released on April 3.
Transnational drug crime remains complicated

Transnational drug crime remains complicated

VCN - After the Covid-19 pandemic is under control, on the one hand smugglers seek a way to consume "inventories", on the other hand, Vietnam is close to the "Golden Triangle", so it is forecast that the situation of transnational drug crime will continue to see complex developments.

More News

Proactively control counterfeit goods and infringing intellectual property rights

Proactively control counterfeit goods and infringing intellectual property rights

VCN – General Department of Vietnam Customs issued a plan on anti-smuggling of counterfeit goods, faked goods on intellectual property and infringing upon intellectual property rights in 2023.
Hai Phong Customs proactively prevent contraband

Hai Phong Customs proactively prevent contraband

VCN – Through three consecutive cases of smuggled ivory that were promptly detected and seized by Hai Phong Customs Department within 2 months, it demonstrates the unit's proactive and timely action in preventing and combating smuggling.
Transnational drug crime complicated

Transnational drug crime complicated

VCN - After the Covid-19 pandemic is under control, on the one hand, smugglers seek a way to consume "inventories". But on the other hand, Vietnam is close to the "Golden Triangle", so it is forecast that the situation of transnational drug crime will continue to see complex developments.
COVID-19 drug-related trafficking prosecuted

COVID-19 drug-related trafficking prosecuted

VCN - According to the Customs News, the Anti-smuggling and Investigation Department leader under the General Department of Customs has signed Decision 01/QD-DTCBL on the criminal prosecution of smuggling crime for N.Q Co., Ltd (Nam Dinh city, Nam Dinh province).
Prosecute a case of smuggling relating to importing medicines for Covid-19 treatment

Prosecute a case of smuggling relating to importing medicines for Covid-19 treatment

VCN – According to a source of information from Customs News, the leader of Anti-smuggling and Investigation (General Department of Vietnam Customs) has just signed Decision 01/QĐ-DTCBL on prosecuting criminal cases of smuggling that occurred at N.Q Company Limited (Nam Dinh province).
Consignments of over 600 tons of used oil are allowed for import or not?

Consignments of over 600 tons of used oil are allowed for import or not?

VCN – Four companies imported over 600 tons of oil and declared as a new product. However, the competent agency verified that the oil was used oil with the main ingredients as heavy oil and impurities. Therefore, HCM City Customs Department has proposed a solution to control this product to avoid affecting the environment effectively.
Lang Son: Launching several solutions to prevent smuggled dirty food

Lang Son: Launching several solutions to prevent smuggled dirty food

VCN - Since the beginning of the year, the phenomenon of illegal transport of goods across the border in Lang Son province has been showing signs of appearing at some border gates. In particular, taking advantage of the border terrain and weather, many subjects defied to transport "dirty" food items from abroad to domestic market for consumption and profiteering. Facing that situation, the competent forces in Lang Son province have been launching many solutions to prevent that situation from happening, which affects consumers' health.
Strictly control goods in transit, temporarily imported goods for re-export, goods deposited in bonded warehouses to prevent fraud

Strictly control goods in transit, temporarily imported goods for re-export, goods deposited in bonded warehouses to prevent fraud

VCN – The General Department of Vietnam (GDVC) directs local customs departments to strengthen customs inspection and supervision for goods in transit, temporarily imported goods for re-export and goods deposited in bonded warehouses to prevent trade fraud and tax evasion.
Establishing an interdisciplinary working group to inspect, enhance anti-smuggling work

Establishing an interdisciplinary working group to inspect, enhance anti-smuggling work

VCN - Minister of Finance Ho Duc Phoc, Deputy Head of the Standing Committee of the National Steering Committee 389, has signed a decision to establish an interdisciplinary working group to inspect, enhance and guide the implementation of Plan 92 of the National Steering Committee 389 on strengthening the fight against smuggling, trade fraud and counterfeiting on borders, seas and inland areas.
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Vietnam ready to export first batch of sweet potatoes to China

Vietnam ready to export first batch of sweet potatoes to China

Vietnam’s 70 sweet potato cultivation areas and 13 packaging facilities have been licenced to export to China, reported the Ministry of Agriculture and Rural Development (MARD)’s Plant Protection Department.
23 customs offences prosecuted

23 customs offences prosecuted

VCN - In March, the whole Customs sector arrested 1,712 violations with the total value of infringing goods of VND480.3 billion VND; and collected VND 21.7 billion. In addition, the Customs Authority prosecuted two cases and transferred six cases to other
Customs seizes 20 drug-related offences

Customs seizes 20 drug-related offences

VCN - The General Department of Vietnam Customs, the transportation of drugs via airway has tended to surge in the number of cases and volume of infringing goods.
Transnational drug crime remains complicated

Transnational drug crime remains complicated

VCN - After the Covid-19 pandemic is under control, on the one hand smugglers seek a way to consume "inventories", on the other hand, Vietnam is close to the "Golden Triangle", so it is forecast that the situation of transnational drug crime will continue
Proactively control counterfeit goods and infringing intellectual property rights

Proactively control counterfeit goods and infringing intellectual property rights

General Department of Vietnam Customs issued a plan on anti-smuggling of counterfeit goods, faked goods on intellectual property and infringing upon intellectual property rights in 2023.
Mobile Version