The Customs Sub-Department of Port of Hai Phong Area 1 recently announced a list of 22 businesses that have excess tax payments on the centralized tax accounting system. Accordingly, the excess tax amounts of these businesses range from tens of millions to hundreds of millions of dong.
Mr. Le Thanh Hai – Deputy Head of the Customs Sub-Department of Port of Hai Phong Area 1 – said that the Sub-Department is informing businesses to check the reasons for the excess amounts for each declaration.
After checking, if a business determines that it has accurately made excess tax payments, late payments, penalties and wishes to reclaim the tax at the Customs agency, it can send a feedback letter to the Customs Sub-Department within 1 year to process the tax refund.
Businesses with excess tax payments can send a letter to the Customs agency to receive the refund.
For value-added tax, according to Mr. Hai, businesses can only get a refund when they confirm that they have not declared a deduction of VAT with the local tax authority. If the deadline of 1 year has passed and the business does not provide a written response to request the tax refund, late payments and penalties, the Customs agency will handle the excess amount according to regulations.
According to research, the 22 import-export businesses that have excess tax payments include Ba Sao Vietnam Co., Ltd., An Phuoc Trading and Technical Corporation, Hanoi Auto Investment and Export Co., Ltd., Tan Hung Steel Production and Trading Corporation, Southern Petroleum and Energy Corporation… These are rare cases in the context where the Customs sector is still actively recovering tax debts, as the list of debts continues to grow with thousands of businesses.
According to the General Department of Customs, in 2023, the Customs sector recovered over 900 billion dong in tax debt. As of January 31, 2024, the outstanding debt identified by the sector is about 1,210 billion dong.
