Thanh Cong Textile Garment Investment and Trade Joint Stock Company was fined more than VND1 billion for nine administrative violations, including errors such as declaring the wrong type of currency, leading to a difference in calculated value and declaring the wrong origin 'Made in Vietnam'.
Workers work at the garment factory of Thanh Cong Textile and Garment Investment and Trade Company - Photo: TCM
The Post-clearance Inspection Department - General Department of Customs has issued a decision to sanction administrative violations of tax laws in the customs field with Thanh Cong Textile and Garment Investment and Trade.
This decision is based on the results of post-clearance inspections from July 2019 to June 2024.
According to the customs agency, Thanh Cong Textile Investment and Trade was fined for 9 administrative violations.
Firstly, the company violated the management of imported raw materials and supplies, leading to actual inventory being less than/negative compared to the inventory declared by the company at the same time as of December 31, 2023.
Second, the company does not handle excess raw materials and supplies within the prescribed time limit when the processing contract ends or expires.
Third, the company declared the wrong tax exemption, resulting in a shortage of tax payable.
Fourth, the company declared incorrectly the customs value of imported goods that are subject to tax exemption according to regulations.
Specifically, they declared the wrong currency of the adjustment fee plus (shipping fee) of 30 product lines.
The currency of the shipping fee is VND but the company declares it as USD.
At the same time, the company incorrectly declared the total taxable value of a declaration.
Accordingly, the total taxable value is only over 71,000 USD but the company declared more than 7 million USD.
Fifth, the company violated the regulations on making incorrect financial statements compared to accounting books and documents for the period 2019-2023 regarding the use of imported raw materials and supplies for finished products for export but did not self-detect, correct and report.
Sixth, the company brought raw materials and supplies to another facility for reprocessing without notifying the customs authority.
Seventh, the company declared incorrectly the origin of exported goods that are subject to tax exemption.
Specifically, there is a product of the company that does not meet the criteria of Vietnamese origin according to regulations, but the company declared in the export documents that it is a Made in Vietnam product.
Eighth, the company violated regulations on providing false documents and certificates to competent agencies and organizations when requesting a certificate of origin of goods.
Ninth, the company violated the regulations on self-certification of false origin of goods when the state agency approved self-certification.
The customs authority concluded that the second, seventh, eighth and ninth administrative violations of Thanh Cong Textile and Trade Investment were repeated violations.
The company had to pay a total fine of nearly VND1.8 billion from nine administrative violations.
The first violation was punished the most severely. The company was fined 20% of the tax imposed on the violating goods, equivalent to more than one billion VND.
At the same time, Thanh Cong Textile and Garment Investment and Trade must return the illegal profits gained from administrative violations of nearly 619 million VND.
According to unusual information just released, this company has fulfilled its obligation to pay administrative fines as prescribed.
Source: https://tuoitre.vn/det-may-thanh-cong-bi-phat-hon-1-7-ti-vi-9-loi-vi-pham-hanh-chinh-20241225085405087.htm
Comment (0)