TO SUPPLEMENT 03 CRITERIA TO DETERMINE ENTERPRISES WITH CUSTOMS VALUE RISKS
The Ministry of Finance issues the Circular No. 60/2019/TT-BTC ON amending and supplementing a number of articles of the Circular No. 39/2015/TT-BTC dated March 25, 2015 of the Minister of Finance stipulating customs value of exports and imports.
Accordingly, to supplement criteria to set up the List of enterprises with customs value risks, to be specific:
- At the time of assessment, being assessed by the customs offices as enterprises not complying with law provisions;
- At the time of assessment, being classified by the customs offices as high-risk enterprises or very high-risk enterprises or enterprises engaged in commodity export and/or import for less than 365 days;
- Within a period of 730 days (02 years) or earlier before the assessment date, the enterprises handled by the customs offices for the act of incorrect declaration of customs value, resulting in a lack of payable taxes or the increase of exempted, reduced, refunded or non-collected taxes, with the sanctioning levels and fine norms prescribed in the Circular of the Ministry of Finance stipulating risk management in customs operations; or sanctioned or evaded by tax offices.
In addition, this Circular also amends the regulation on principals and methods of determining custom value of imports; Method of transaction value of imports; Database of transaction value of imports regulated in the Circular No. 39/2019/TT-BTC.
This Circular takes effect on October 15, 2019.
