Customs budget collection reaches 12.14 billion USD in 11 months

The customs sector collected over 284.2 trillion VND (12.14 billion USD) in taxes as of November 30, a year-on-year rise of 7.27 percent.
Customs budget collection reaches 12.14 billion USD in 11 months ảnh 1At the press conference (Source: VNA)

Hanoi (VNA) – The customs sector collected over284.2 trillion VND (12.14 billion USD) in taxes as of November 30, ayear-on-year rise of 7.27 percent.

The figures were revealed by the GeneralDepartment of Vietnam Customs at a press conference in Hanoi on November 5.

The outcomes were attributed to the surge in import-exportturnover which hit 439.96 billion USD, up 13.3 percent against the same period lastyear.

Of which, the export earnings reached 223.76 billion USD, up14.5 percent year-on-year. Meanwhile, the import value was 216.2 billion USD, ayear-on-year rise of 12.1 percent.

As of November 30, 2018, the customs sector collected andhandled tax arrears worth more than 1.4 trillion VND (59.8 million USD). 

The department has signed cooperation agreementswith 39 banks, including 24 which are piloting e-tax payment systems.

As a result, by the end of November 2018, thecustoms sector collected over 269.9 trillion VND (11.5 billion USD) of taxesthrough the banking system.

Le Manh Hung, Deputy Director of the Foreign TradeAgency under the General Department of Vietnam Customs, revealed that 3,235businesses have so far conducted e-tax payments.

The implementation of e-tax payment systems is to supplement current paymentchannels to facilitate enterprises making payments to the State budget, as wellas to support enterprises to open more accounts at foreign banks and largebusinesses, he added.–VNA 
VNA

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