Ha Tinh Customs reviews revenues before Covid-19 impacts
Cau Treo Customs officers guide enterprises customs procedures. Photo: Hoang Thuong |
According to Deputy Director of Ha Tinh Customs Department Dinh Van Hoa, the department was assigned a budget target of VND 6,800 billion. However, the US – China trade war and Covid-19 pandemic have directly affected all fields of the economy and society, including import and export activities as well.
In the first months of the year, the volume of imports and exports at border gates significantly fell. Typically, at Vung Ang port border gate Customs Branch - a unit with budget remittance accounting for more than 90% of the department’s revenue, to date, the number of customs declarations fell as much as 37%, import and export turnover reached US$5050 million, down 43%, State budget revenue reached VND876 billion, down 40% compared to the same period last year. Many items saw decreased imports and exports from 30% to 40% such as scrap, coal materials, imported machinery and equipment, steel and blast furnace slag.
At Cau Treo international border gate Customs branch, turnover and budget remittance had more positive signs than the same period last year. Particularly, the department carried out e-custom clearance for 1,377 declarations of 193 enterprises (up 5.4%) and collected $49.5 million (up 5.5%) and remitted to the State budget VND30.72 billion (up by 11.6%).
Till the end of March 17, Ha Tinh Customs cleared 2,348 declarations of 214 enterprises and collected $569.7 million, reducing 10.9% of declarations, 7.2% of enterprises and 34% of turnover compared to the same period in 2019. Reduced import and export turnover led to a year-on-year decrease of 39.2% in budget remittance and turnover only reached VND907.44 billion or 13.5% of the assigned target.
According to Dinh Van Hoa, due to the complex development of the current Covid-19 epidemic, it is predicted import and export activities will sharply reduce and target of VND 6,800 billion will be a difficult task. Thereby, the department has reviewed, evaluated and taken solutions as well as accompanied and supported enterprises to contribute to surmounting difficulties and accelerating imports and exports during the epidemic.
Ha Tinh Customs has directed its units to exchange and capture import and export situation of enterprises, especially enterprises with large revenues and frequent import and export activities to share, accompany and remove problems. At the border gate, Customs branches are always ready to ensure import and export activities smooth and safe and avoid congestion at border gates and arrange customs officers on duty 24/7 to carry out customs clearance for enterprises.
Businesses propose incentives amid COVID-19 outbreak Cutting interest rates and corporate income and added value duties and extending loan payments and tax and ... |
In the near future, to remove difficulties for enterprises affected by the Covid-19 as well as to ensure implementation of assigned political tasks, Dinh Van Hoa said, Ha Tinh Customs will continue programmes and plans on administrative reform, customs modernisation, budget collection, risk management, anti-smuggling, anti-trade fraud and arrange customs officers who are experienced and skilled to carry out customs procedures as quick as possible; comply with regulations on prevention and combat against the epidemic; closely monitoring the epidemic development to actively advise and propose the General Department of Customs, People’s Committee of Ha Tinh province solutions to address difficulties and problems to promote import and export activities.
Related News
Facilitates import and export enterprises amid difficult context
09:46 | 06/04/2023 Customs
Enterprises have the right to pre-determine HS codes
09:55 | 06/04/2023 Regulations
In Q1, State revenue estimated to rise by 1.3%
13:28 | 04/04/2023 Finance
Latest News
Customs creates maximum facilitation for agricultural exports
15:56 | 07/06/2023 Customs
Goods imported from export processing enterprises must pay tax
14:50 | 10/04/2023 Customs
GDVC perform tasks in second quarter of 2023
09:47 | 06/04/2023 Customs
Da Nang International Terminal a certified 4-star terminal
10:24 | 05/04/2023 Customs
More News
Dong Nai Customs: understand the business situation to develop effective support solutions
13:27 | 04/04/2023 Customs
Lang Son: Import-export turnover grow 71%
09:53 | 03/04/2023 Customs
HCM City Customs Department facilitates and resolves difficulties for enterprises
09:51 | 03/04/2023 Customs
Lang Son: Goods rushing to border gate increases sharply, potential risk of congestion
10:33 | 02/04/2023 Customs
Bac Ninh Customs committees to listen and share difficulties with enterprises
20:34 | 01/04/2023 Customs
Ho Chi Minh City Customs removes obstacles for logistics businesses
20:33 | 01/04/2023 Customs
Bac Ninh Customs considers satisfaction of businesses to assess efficiency of customs reform
11:36 | 01/04/2023 Customs
HCM City Customs make efforts in budget collection
13:43 | 31/03/2023 Customs
Noi Bai Customs reorganizes the implementation of National Single Window
13:39 | 31/03/2023 Customs
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.
Customs creates maximum facilitation for agricultural exports
15:56 | 07/06/2023 Customs
Goods imported from export processing enterprises must pay tax
14:50 | 10/04/2023 Customs
GDVC perform tasks in second quarter of 2023
09:47 | 06/04/2023 Customs
Facilitates import and export enterprises amid difficult context
09:46 | 06/04/2023 Customs
Da Nang International Terminal a certified 4-star terminal
10:24 | 05/04/2023 Customs