Efforts to Accomplish Budget Revenue

In order to accomplish the assigned budget revenue target, the General Department of Vietnam Customs required leaders of provincial/municipal customs departments to effectively carry out their assigned tasks; focus on analyzing and evaluating monthly revenue increase/decrease and forecasting revenue trends in the remaining months of the year; prevent revenue loss using tax codes, prices and post-clearance inspections; and review overdue tax and refunded tax.

Budget revenue collected by the customs sector obtained good achievements in the first nine months of the year, but the sector will still need specific solutions for the highest results.

Particularly, the customs sector will focus on promptly solving problems for enterprises, improving the business environment, facilitating enterprises to develop stably and firmly, attracting investment capital, expanding production capacity, fostering economic growth, increasing budget revenue; intensifying information and communication on policies and administrative procedures, diversifying forms of business support at all stages, agencies and fields by changing methods, diversifying forms of communications and supporting taxpayers.

In addition, according to the General Department of Vietnam Customs, it is necessary to regularly assess budget revenue, review and grasp revenue sources, analyze and assess monthly increase/ decrease and forecast budget revenue trends in the last months of the year.

In addition, to enhance the effect of State management and budget loss prevention in 2022, it is necessary to concentrate on collecting and analyzing information inside and outside the tax sector, identifying risk signals to have inspection, supervision and control measures; conducting post-clearance inspection and specialized inspection, fighting against smuggling and commercial fraud; and strengthening inspection and control of imports and exports. In particular, the General Department will direct relevant units to check quantity, value, code, origin and other parameters to resolutely prevent revenue loss.

The customs sector will review and check commodity names, codes and tariff rates at customs clearance and post-clearance stages to detect and handle incorrect declaration of codes, disguised declarations of commodity names or falsified goods declarations to obtain lower tax rates or enjoy special preferential duty. The focus will be given to checking items on the list of imports and exports exposed to risks of tax classification and application.

The sector will intensify value inspection in customs clearance for goods and enterprises exposed to high-value risks; avoid omissions and mistakes of shipments with low, unreasonable declared prices. The sector will brace up strict control of goods/companies as guided by the General Department of Customs as well as imported and exported commodities (raw materials, minerals and metal scraps).

The General Department will also request concerned bodies to review and classify groups of receivable debts and uncollectible debts; collect and settle overdue debts; and freeze and write off tax debts as per Articles 83 and 85 of the Law on Tax Administration 38/2019/QH14, Resolution 94/2019/QH14 dated November 26, 2019 and Circular 69/2020/ TT-BTC. In this work, the agency will require underperforming units to analyze and clarify reasons for their underperformance in the first nine months of the year as well as to propose solutions to address shortcomings to collect more tax than a year ago.

At the same time, it is also necessary to strictly control tax refunds, adopt anti-fraud solutions in tax refunds; coordinate with domestic tax agencies and other forces in the fight against VAT refund fraud and ensure tax refunds to the right beneficiaries.

Hien Phuc (Vietnam Business Forum)