Customs Department’s Urgent Directive on Budget Loss Prevention

To ensure budget targets are met, Director General of Customs Nguyen Van Can has instructed all units to strengthen efforts in preventing revenue loss through inspections, monitoring customs procedures, tax management, post-clearance audits, and combating smuggling and trade fraud from the beginning of the year.

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The General Department of Customs has just issued a plan to implement measures to facilitate trade and enhance the effectiveness of state management, preventing revenue loss in the implementation of state budget tasks in 2024.

Accordingly, in 2024, the General Department of Customs has been assigned a state budget revenue estimate of VND 375,000 trillion by the National Assembly. The estimate is based on an economic growth rate of 6-6.5% and a crude oil price of USD 70 per barrel.

To fulfill the assigned tasks, the Director-General of Customs, Nguyen Van Can, has requested all subordinate units to concentrate their resources and implement decisive and synchronized measures, including a group of measures to facilitate trade and a group of measures to prevent revenue loss.

The General Department of Customs has requested units to enhance revenue loss prevention through inspection and monitoring.

The entire industry needs to focus on accomplishing the set tasks for 2024 as part of the Digital Transformation Plan until 2025 and towards 2030 of the customs industry. It will continue to implement the national single-window mechanism, the ASEAN single-window mechanism, and build the project to expand the national single-window information portal and connect with the ASEAN single-window mechanism.

In addition, units within the customs industry are required to concentrate resources to implement specific measures such as strict inspection of quantity, weight, type, and name of goods; valuation of imported and exported goods; classification of goods with the application of codes and tax rates; and origin of goods.

The customs offices need to carry out tax exemption, reduction, refund, and tax incentives; proactively review, classify, recover, and handle tax debts; supervise goods import and export, transportation means including all goods (processed, manufacturing, export processing, temporary import for re-export, transit goods, temporary import for business purposes outside customs warehouse, extended warehouse, transit goods); actively apply customs control measures, etc.

In 2023, in the context of difficulties in import-export activities, the total revenue of the customs industry reached only about VND 376,000 trillion, equal to 86% of the assigned estimate and a decrease of 16% compared to the same period of 2022.

It is known that the state budget revenue of the customs industry in January reached VND 30,648 trillion, accounting for 8.2% of the estimate, an increase of 13.2% compared to the same period last year.

SOURCEcafef
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