Fixed guarantee tax in each Customs declaration

14:26 | 05/12/2016 Regulations Follow english.haiquanonline.com.vn on

VCN – The tax guarantee that must be paid under the decision for tax assessment of Customs agencies is applied in cases where the taxpayers pay each amount of tax or halt the coercive measures in Customs procedures.

fixed guarantee tax in each customs declaration

The guarantee period for fixed tax will have different period depend on specific situations. Photo: T.Trang

Guidelines on guaranteed fixed tax, the General Department of Customs said, from September 1^st 2016, the guarantee shall be implemented in accordance with the provisions of Clause 1 of Article 9 and Point đ, Clause 9, Article 16 of the Law of Export Tax, and Article 4 of Decree 134/2016 / ND-CP. Accordingly, the guarantee tax for export and import goods which are subject to be taxed and the goods temporarily imported - re-export, must comply with the Customs declaration.

Besides that, under the guidance in samples No. 09/QDADT / TXNK appendix VI about the form of decisions for tax assessment issued along with Circular 38/2015/TT-BTC, when assessing tax, the Customs agency must determine the amount of tax assessment under each Customs declaration or according to an attached list.

Thus, the tax guarantee that must be paid under the decision for tax assessment of Customs agencies is applied in cases where taxpayers pay each amount of tax or halt the coercive measures in Customs procedures. Therefore, the banks will implement the guarantee of tax assessment under the Customs declaration.

Besides, the General Department of Customs said the guarantee period for fixed tax amount will be different:

Where taxpayers gradually pay taxes in instalments: the tax guarantee period is 12 months to gradually pay (as defined in Clause 25, Article 1 of Law No. 21/2012/QH13 amending and supplementing some articles of tax Administration Law and Article 134 of Circular 38/2015 / TT-BTC).

Where a taxpayer is suspended the coercive measures in Customs procedures: the period of suspension will be decided by the Ministry of Finance (as stipulated in Article 46 of Decree 127/2013 / ND CP and 33 of Circular 190/2013 / TT-BTC).

The validity of the tax guarantee is an agreement between a taxpayer and the banks to ensure the bank’s responsibility to the guarantee when the guarantee is expired

By Thu Trang/Thanh Thuy

Tags:

Related News

Central bank starts huge credit package for social housing projects

14:42 | 04/04/2023 Finance

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.

Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

14:47 | 04/04/2023 Finance

VCN - A representative of the Ministry of Finance said that the Ministry had organized a specialized inspection team on insurance distribution through banks for four insurance companies. The team is finalizing inspection conclusions.

Central bank cuts policy interest rates to spur growth

17:43 | 02/04/2023 Finance

The State Bank of Vietnam (SBV) announced it would reduce several policy interest rates from April 3, the second cut within one month, the regulator announced on its website March 31 night.

Need to effectively use tools to prevent exchange rate risks in import and export field

10:32 | 02/04/2023 Import-Export

VCN - The exchange rate pressure in 2023 is expected to be weaker than last year, especially in the context of tightening monetary policies reaching the final phase. However, fluctuations in the economy and financial markets are still very unpredictable, and exchange rate developments may affect import and export activities.

Latest News

Enterprises have the right to pre-determine HS codes

09:55 | 06/04/2023 Regulations

VCN - At the dialogue conference between Ho Chi Minh City Customs Department and import-export enterprises at the weekend, enterprises raised many problems related to HS code application, and post-clearance audit.

Amendment to Decree 14 to prevent goods congestion at border gates

11:39 | 01/04/2023 Regulations

VCN – When Government Decree No14/2018/ND-CP dated January 23, 2018, is revised to shift the border trade from unofficial-quota trade to official-quota trade to prevent goods congestion at border gates at harvest season or on holidays and Tet, there will be some changes in the management of the border trade.

Notes for businesses on tax policy

13:44 | 31/03/2023 Regulations

VCN - According to experts, some businesses do not understand clearly tax documents and policies, especially new ones, leading to many risks in implementation.

Revising Law on Corporate Income Tax: Promoting resources for socio-economic development

13:43 | 27/03/2023 Regulations

VCN - After a long time of implementation and many changes in reality, it is time to amend the Law on Corporate Income Tax (CIT) to remove difficulties for production and business activities, and open up and promote resources for economic and social development.

More News

Apply 609 preferential export tax lines, 11,526 special preferential import tax lines to implement the CPTPP Agreement

09:33 | 26/03/2023 Regulations

VCN - To enjoy the preferential export tax rates under the Preferential Export Tariff and the Special Preferential Import Tariff of Vietnam implementing the CPTPP Agreement from 2022 to 2027, exported goods must have transport documents and import customs declarations or documents replacing customs declarations showing that the destination is in the territory of the member countries in which the CPTPP Agreement has entered into force, regulated in the scope of Decree No. 115/2022 /ND-CP dated December 30, 2022.

Difficulties in determining samples for testing

09:32 | 26/03/2023 Regulations

VCN – Customs face challenges in determining whether imported food samples for testing are exempt from state inspection for food safety, as well as in identifying which products require registration for announcement purposes.

GDVC instructs application of C/O form D

10:16 | 25/03/2023 Regulations

VCN – ASEAN member states must declare HS code 2022 on Certificate of Origin from April 1.

Goods imported from export processing enterprises must pay tax

09:03 | 24/03/2023 Regulations

VCN - According to the Law on Import and Export Duties provisions, if a domestic enterprise imports products of export processing enterprises, they must pay tax.

Review, perfect regulations on decentralization of public property management

11:55 | 22/03/2023 Regulations

VCN - The Ministry of Finance has sent an official letter to ministries, central and local agencies on improving legal documents under the power for promulgation of ministries, central and local agencies on the management and use of public property.

MoF develops excise tax policy to promote electric vehicle production

17:21 | 13/03/2023 Regulations

VCN – The Ministry of Finance is considering adjusting excise tax rates for some environmentally friendly products in the revised Law on Excise Tax.

Enterprises must submit dossiers and documents to identify authenticity of goods' value

10:09 | 13/03/2023 Regulations

VCN – According to regulations, for customs declarations selected for customs valuation, customs declarants must submit dossiers and documents to identify the authenticity of the declared goods' value.

Removing difficulties in the implementation of VAT policy

15:10 | 27/02/2023 Regulations

VCN - For businesses to understand and strictly comply with the regulations on the declaration of value-added tax (VAT) rate for import and export goods, the General Department of Customs has continuously issued guiding documents, which is considered an important part of bringing policies into practice.

Correcting policy to avoid overlaps in inspection and supervision at land border gates

14:13 | 26/02/2023 Regulations

VCN - Currently, the draft Decree amending and supplementing Decree No. 08/2015/ND-CP dated January 21, 2015 is being submitted to the Government for signing and promulgation of amendments related to customs inspection and supervision procedures for means of transport on exit, entry and transit in the draft Decree that was amended and supplemented to meet the requirements of administrative procedure reform.

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