Circular No. 174/2015/TT-BTC dated November 10, 2015 of the Ministry of Finance guiding the accounting operations of tax and other revenues for imported and exported goods

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ATTRIBUTE

Circular No. 174/2015/TT-BTC dated November 10, 2015 of the Ministry of Finance guiding the accounting operations of tax and other revenues for imported and exported goods
Issuing body: Ministry of FinanceEffective date:
Known

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Official number:174/2015/TT-BTCSigner:Do Hoang Anh Tuan
Type:CircularExpiry date:Updating
Issuing date:10/11/2015Effect status:
Known

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Fields:Accounting - Audit , Export - Import , Tax - Fee - Charge

SUMMARY

Application of information technology in import and export tax accounting

 

On November 10, 2015, the Ministry of Finance issued the Circular No. 174/2015/TT-BTC guiding the accounting operations of tax and other revenues for imported and exported goods.

In according with this Circular’s regulations, the application of information technology in import and export tax accounting of the customs authorities at all levels must ensure the serious and complete compliance with principles and requirements of accounting laws. The General Director of General Department of Customs shall provide detailed instructions on procedure for use, management, updating and operation of information and data of information technology system applied in import and export tax accounting (referred to as import and export tax accounting system) applied in customs units from January 01, 2017.

Besides, the Circular also prescribes that import and export tax accounting must take actions as recording all operations of tax and other revenues for the imported and exported goods incurred in the period in the accounting book and accounting report; recording information and data of import and export tax accounting clearly, understandably, accurately and within a prescribed time limit; truthfully recording the reality, nature, contents and value of tax operations and other revenues for the imported and exported goods; the information and data of import and export tax accounting must be recorded continuously; the accounting data of this period must succeed the accounting data of the previous period and the information and data of import and export tax accounting must be classified and arranged in sequence, systematically and consistently with tax management indicators.

This Circular takes effect on January 01, 2016.
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Effect status: Known

THE MINISTRY OF FINANCE

Circular No. 174/2015/TT-BTC dated November 10, 2015 of the Ministry of Finance guiding the accounting operations of tax and other revenues for imported and exported goods
Pursuant to the State Budget Law No. 01/2002 / QH11 dated 16/12/2002;
Pursuant to the Accounting Law No.03 / 2003 / QH11 dated 17/06/2003;
Pursuant to Customs Law No. 54/2014 / QH13 dated 23/06/2014;
Pursuant to the Laws, Ordinances, Decrees on taxes, charges and fees and other revenues of the state budget;
Pursuant to the Law on Processing of Administrative Violations No. 15/2012 / QH13 dated 06/20/2012;
Pursuant to the Law on Electronic TransactionNo.51 / 2005 / QH11 dated 29/11/2005;
Pursuant to the Commercial Law No. 36/2005 / QH11 dated 14/ 06/ 2005;
Pursuant to Decree No. 128/2004 / ND-CP guiding the details of some articles of the Accounting Law;;
Pursuant to Decree No. 27/2007 / ND-CP dated 23/02/ 2007 of the Government of electronic transactions in financial activities;
Pursuant to Decree No. 83/2013 / ND-CP dated 22/7/ 2013 of the Government detailing the implementation of some articles of the Law on Tax Administration and the Law amending and supplementing some articles of the Law on Tax Administration ;
Pursuant to Decree No. 08/2015 / ND-CP dated 21/01/ 2015 of the Government on detailed regulation and measures to implement the Customs Law regarding customs procedures, customs inspection, monitoring and control;
Pursuant to Decree No. 215/2013 / ND-CP dated 23/12/ 2013 of the Government regulating the functions, tasks, powers and organizational structure of the Ministry of Finance;
At the request of the General Director of General Department of Customs,
The Ministry of Finance issues this Circular guiding the accounting operations of tax and other revenues to imported and exported goods as follows:
Chapter I
GENERAL PROVISIONS
Article 1. Scope of adjustment
This Circular provides for the accounting documents, accounts, books, financial reports, management statements and other work related to accounting operations of tax and other revenues to imported and exported goods applicable to the subjects specified in Article 2 of this Circular.
Article 2. Subjects of application
This Circular applies to the customs units including the General Department of Customs; Customs Departments and the equivalent units, Customs Branches and the equivalent units in implementation of accounting operations of tax and other revenues to imported and exported goods.
Article 3. Interpretation of terms
In this Circular, the following terms are construed as follows:
1. “Provisional tax accounting” is the accounting method of tax payments of imported and exported goods provisionally paid on deposit accounts (imprest account) of customs authorities opened at the State Treasury before paid into the state budget in accordance with regulations of law on imported and exported goods.

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