
Smuggling fines boost State budget
As many as 11,500 cases of smuggling and trade fraud have been uncovered in the first seven months of this year alone, the General Department of Vietnam Customs reported yesterday.
The smuggled goods were estimated to be worth nearly VND119 billion (US$ 5.3 million).
According to the committee, more than VND90.5 billion ($4.2 million) was contributed to the State budget during this period of time through seizure of smuggled goods.
“Authorities nation-wide have conducted spot checks and imposed fines on over 130,000 violations since the committee’s establishment in 2014, which helped contribute around VND4 trillion ($178 million) to the State budget,” said deputy head of the General Department of Vietnam Customs, Nguyen Van Can.
http://vietnamnews.vn/society/275145/smuggling-fines-boost-state-budget.html
Related Posts
DRI busts gold melting unit in Mumbai, seizes gold worth ₹9 crore
The Directorate of Revenue Intelligence (DRI) has busted a gold melting...
Alibaba Chairman Jack Ma meets Chinese regulator over fight against fake products
The head of China’s commerce regulator met with Alibaba chairman Jack Ma on...
50 adulterated milk packets seized in Odisha: 5 milk alternatives rich in calcium
A major food adulteration crackdown in Odisha's Jagatsinghpur district exposed...
Van driver admits to delivering thousands of illegal cigarettes to Blaydon buyers
A van driver has admitted selling thousands of smuggled cigarettes to Tyneside...