Based on the results of post-clearance inspection from July 2019 to June 2024, the Post-clearance Inspection Department - General Department of Customs has just issued a decision to impose administrative sanctions on tax law violations against Thanh Cong Textile - Investment - Trading Joint Stock Company (at 36 Tay Thanh, Tan Thanh Ward, Tan Phu District, Ho Chi Minh City), whose legal representative is General Director Song Jae Ho.

The Customs Department pointed out 9 violations of the law by Thanh Cong Company.

One, the management of imported raw materials and supplies (NLVT) under types E21 and E31 is not strict and accurate, leading to actual inventory being less than declared at the end of December 31, 2023, without accurately explaining the cause.

Second, there is not strict and accurate management of imported labor under type E21, and there is no timely handling of excess labor when the processing contract ends or expires.

Third, falsely declaring tax-exempt subjects led to a shortage of tax payable for goods in 10 on-site import declarations under type E31 and 1 import declaration under type A12.

Thanh Cong Garment Factory.jpg
One of the violations of Thanh Cong Textile - Investment - Trading Joint Stock Company is the lack of strict and accurate management of raw materials and supplies. Photo: Thanh Cong Company.

Fourth, incorrectly declaring the currency of the shipping fee of 30 lines of goods in 17 E31 tax-free import declarations (actually VND but declared as USD), incorrectly declaring the total taxable value of 1 B11 export declaration.

In addition, there are errors such as making a final report on the use of imported materials and finished products for export that is not consistent with the data recorded in the materials and finished products tracking book; not performing the procedure of notifying the reprocessing contract and the production facility of the reprocessing party to the customs authority as prescribed; falsely declaring the actual origin of exported goods subject to tax exemption...

In which, there are aggravating circumstances such as repeated violations.

The total amount of administrative fines is more than 1.79 billion VND.

Along with that, the company was also forced to return the illegal profits gained from committing administrative violations with an amount of more than 618.9 million VND.

On December 24, the company announced that it had completed its obligation to pay the fine.