An Giang Customs officers inspect imported paddy.

An Giang Customs Department has announced a list of 25 businesses that owe import and export taxes worth over VND4 billion, decreasing more than three billion compared to the previous month.

The department said that the department collected over 3.1 billion in 90-day overdue tax debt in March of a local company.

Most of tax debtors are subject to forced debt. The tax debts arise from import duty, psot clearance audit, and administrative fine…

In addition, there are many companies with tax debt of more than VND1 billion such as Minh Phat Private Enterprise (No. 81 Nguyen Trai, My Long Ward, Long Xuyen City, An Giang, owing VND1,186 billion; An Thai Food Industry Company Limited (No. 27/9 Tran Hung Dao, Ward My Thoi, Long Xuyen City, An Giang), owing over VND1 billion...

In order to effectively collect tax debt, An Giang Customs Department has reviewed debt classification and applied tax debt enforcement measures as per the Law on Tax Administration. However, there are many tax debts are subject to irrecoverable tax debts for many years.