Trying to fulfill the revenue target of 295 trillion VND

VCN- It remains three months for the Customs to fulfill the target of State revenue in 2017. Currently, the Party Committee of the Ministry of Finance has assigned the additional 5,000 billion VND target to the Customs.
trying to fulfill the revenue target of 295 trillion vnd Increasing revenue target of import and export duty in 2017 to 5,000 billion VND
trying to fulfill the revenue target of 295 trillion vnd Adjustment of revenue targets for 23 Customs Departments
trying to fulfill the revenue target of 295 trillion vnd The collection of taxes at 11 major Customs Departments inspected
trying to fulfill the revenue target of 295 trillion vnd
Mr. Luu Manh Tuong- Director of Import-Export Duty Department

Talking with the reporter of Customs Newspaper, Mr. Luu Manh Tuong- Director of Import -Export Duty Department said that the General Department of Vietnam Customs developed specific solutions to implement the revenue collection in the remaining months of the year and would try its best to fulfill the target of 290,000 billion VND assigned by the Ministry of Finance.

The Party Committee of the Ministry of Finance has assigned the additional 5,000 billion VND target to the Customs, does it cause pressure on the Customs, Sir?

The assignment of the additional target is a strong pressure on revenue collection of the Customs. However, the Customs determined that the assignment is to implement the Finance- State budget task in the last months of 2017 in accordance with the direction of Minister Dinh Tien Dung in Official Letter No. 11651/BTC-NSNN dated August 31, 2017.

In fact, the target assignment is based on the assessment of State revenue in 2017 and the State revenue collection in the first 8 months of 2017 by the Ministry of Finance (until September 25, 2017, revenues of the entire Customs reached 2017,019 billion VND, equivalent to 72.64% of the estimate), in which the assessment of the challenges of the last months of the year and the prediction of state revenues of major commodities.

Based on the direction of the Minister of Finance Dinh Tien Dung, the General Department of Vietnam Customs has developed specific solutions to implement the revenue collection in the remaining months of 2017 and tried its best to fulfill the target of 295 trillion VND assigned by the Ministry of Finance. Specifically, Vietnam Customs issued an Official Letter to send provincial and municipal Customs Department for adjustment the initial State revenue target in 2017 in accordance with the reality and the guidance at the beginning of the year, the ability of collection and influence factors in the remaining months of the year. Accordingly, 23 of 35 Customs Departments have to adjust the revenue target. In addition, Customs Department's base on their functions and tasks to develop detailed plans and effectively implement the solutions of revenue collection in the remaining months of the last months of the year. Focusing on solution groups for facilitation of business and production of businesses, administrative reform, and reduction of clearance time in parallel with solution groups for anti-trade fraud and anti-loss of tax revenue to fulfill the additional target assigned by the General Department of Vietnam Customs.

It can be seen that the pressure on revenue collection is strong in the last months of the year, and the solutions for anti-loss of revenue have been directed by the General Department of Vietnam Customs to Customs units for implementation from the beginning of the year. Thereby, with the role as the unit managing revenue and consulting the leader of the General Department of Vietnam Customs about the revenue collection. What did the Department provide specific solutions in the last months of 2017, Sir?

With the role as the unit managing revenue and consulting the leader of the General Department of Vietnam Customs about the revenue collection, the Import-Export Duty Department specifically assessed and analyzed the actual revenue collection and consulted for the leader of Vietnam Customs to have specific solutions for each area of the revenue collection in the last months of the year.

Specifically, creating the most favorable conditions for enterprises participating in import and export operation, promptly handling obstacles arising under it competency related to Customs procedures, Tax policies, Tax management, mechanism of accounting, tax refund, tax exemption and removed difficulties and facilitate businesses in paying tax, and promoted Customs procedure reform and tax management procedures.

At the same time, requesting units to collect, update and exploit and use existing data to determine suspicious signs and implement clearance audit and post-clearance audit to determine violation and refund tax and penalty under regulations, in which focusing on some areas.

Specifically, applying a tax rate of 0% in classification goods to avoid the case of 1 commodity classified into 2 different codes. Reviewing and evaluating to implement post-clearance audit under the competency of manager of Customs branch for shipments classified into Green Chanel, in which paying attention to risk information in making a false declaration on goods name, use purpose quantity, camouflage code declaration to be enjoined low tax rate. Especially, commodities are not enjoyed special preferential tax rate.

For inspection of goods origin, inspecting the case have risk sign on making a false declaration on goods origin to be enjoined special incentive tax rate under the special preferential tariffs. Checking cases of having the third country invoicing or goods transshipped through countries, regions, and territories which are not subject to be enjoined special preferential tax rate.

For inspection of Customs valuation, fully identifying suspicious signs in inspecting value at the stage of goods clearance as a basis for ruling or post-clearance audit, in which expanding the concept of identical goods and similar goods, goods are declared with a lower price than components and main raw materials or lower than shipping costs.

trying to fulfill the revenue target of 295 trillion vnd 8 months: Revenues from Customs reached over 190,000 billion VND

VCN- According to statistics from Vietnam Customs, until the end of August 2017, revenue from Customs was ...

In addition, strengthening the post-clearance audit, specialized inspection, in which focusing on commodities with high value, high tax rate and imported goods of businesses from suspicious markets; goods are declared with lower price than database; goods are declared with special preferential tax rate and goods subject to tax exemption, tax refund; goods are wrongly declared model and then requesting for tax refund.

Closely monitoring on the situation of tax debt, debt recovery and reason of increasing and decreasing of tax debts at provincial and municipal Customs Departments; focusing on handling and recovering of assigned recoverable tax debts. For tax debts arising in 2017, setting up a team to recover tax debts and developing a detailed plan and identifying reasons and solutions to promptly recover a number of tax debts arising in 2017.

Thank you, Sir!

By Thu Trang/Ngoc Loan

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