Nghe An: Import and export tax increased by 29%

Specifically, export tax is 161.8 billion VND; import tax is 70.6 billion VND; special consumption tax is 20.2 billion VND; value added tax is nearly 1,083 billion VND; environmental protection tax, anti-dumping: 2.4 billion VND; other revenue is nearly 2.8 billion VND.

Main import and export items: Export: all kinds of white limestone powder, processed limestone, acacia wood chips, clinker... Import: machinery and equipment for investment projects, all kinds of steel, electronic components, rolled aluminum, plastic granules, asphalt, vegetable oil, gasoline

Thien Minh Duc Group Joint Stock Company imported oil and paid the State budget over 36 billion VND. In the photo: DKC Nghi Thiet petroleum depot invested by Thien Minh Duc Group. Photo: Thu Huyen

In particular, some typical import-export enterprises with some main products contributed over 75% of the total state budget revenue at Nghe An Provincial Customs Department: Hoa Sen Group imported various types of steel, the tax paid to the state budget reached 480.8 billion VND; Tan Thang Cement Joint Stock Company imported machinery and equipment to create fixed assets, the tax paid to the state budget was nearly 130.6 billion VND; VISSAI Ninh Binh Joint Stock Company exported clinker, the tax paid to the state budget was 89.5 billion VND; Sabeco Song Lam Packaging Joint Stock Company paid 82.2 billion VND; BSE Vietnam Electronics Co., Ltd. imported electronic components to produce phone speakers, by October 16, 2018, the enterprise contributed 78 billion VND to the state budget revenue.

However, the revenue from some items that often contribute greatly to the annual state budget revenue tends to decrease. For example, the revenue from imported petroleum products reached 107.3 billion VND, equal to 88% compared to the same period in 2017 (121 billion VND). And currently, the Vietnam National Petroleum Group has no plan to allocate import quotas to Cua Lo Port.

In the first 10 months of the year, import-export tax revenue in Nghe An reached 1,340 billion VND. Graphics: Thu Huyen

According to the leaders of the Customs Department, in 2018, the Ministry of Finance, the General Department of Customs, and the Provincial People's Committee assigned the target of revenue from import-export activities in Nghe An province to be 1,260 billion VND; the General Department of Customs assigned to strive for 1,500 billion VND. Since the beginning of the year, the revenue from import-export activities at the Provincial Customs Department has reached 1,340 billion VND; thus, the average monthly revenue is about 142 billion VND. Based on the analysis and assessment of the state budget revenue situation and forecast for the coming time, it is estimated that the state budget revenue from import-export activities in Nghe An province in 2018 will reach about 1,700 billion VND.

To complete and exceed the assigned targets, Nghe An Provincial Customs Department creates the most favorable conditions for import and export activities. Prevent revenue loss through checking taxable values, through classification and tax imposition, especially for items with high tax rates and large import and export turnover; strengthen inter-sectoral coordination mechanisms to prevent, inspect and detect acts of trade fraud, C/O..., identify the focus and key points of items with signs of abnormal turnover.