Circular No. 212/2014/TT-BTC guides accounting for tax and other revenue transactions related to exported and imported goods.

CIRCULAR

Guidelines on accounting for tax and other revenue transactions related to export and import goods

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Pursuant to the State Budget Law No. 01/2002/QH11 dated December 16, 2002;

Pursuant to the Accounting Law No. 03/2003/QH11 dated June 17, 2003;

Pursuant to the Customs Law No. 54/2014/QH13 dated June 23, 2014;

Pursuant to laws, ordinances, decrees on taxes, fees, charges, and other revenues under the state budget;

Pursuant to the Law on Administrative Offense Handling No. 15/2012/QH13 dated June 20, 2012;

Pursuant to the Electronic Transactions Law No. 51/2005/QH11 dated November 29, 2005;

Pursuant to the Trade Law No. 36/2005/QH11 dated June 14, 2005;

Pursuant to Decree No. 128/2004/NĐ-CP dated May 31, 2004 of the Government detailing certain provisions of the Accounting Law;

Pursuant to Decree No. 27/2007/NĐ-CP dated February 23, 2007 of the Government on electronic transactions in financial activities;

Pursuant to Decree No. 215/2013/NĐ-CP dated December 23, 2013 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance.

Considering the proposal of the General Director of the General Department of Customs,

The Minister of Finance hereby issues guidelines on accounting for tax and other revenue transactions related to export and import goods as follows:

PART I

GENERAL PROVISIONS

Article 1. Scope of Regulation

This Circular specifies accounting vouchers, accounting accounts, accounting ledgers, accounting reports (financial statements, management accounting reports) and related accounting works for tax and other revenue transactions related to export and import goods applicable to entities specified in Article 2 of this Circular.

Article 2. Applicability

This Circular applies to customs units including the General Department of Customs; Provincial, Central Region, and City-level Customs Departments; Customs Branches, Customs Control Teams, and equivalent units in performing accounting work for tax and other revenue transactions related to export and import goods.

Article 3. Content of accounting for tax and other revenue transactions related to export and import goods

1. Accounting for tax and other revenue transactions related to export and import goods refers to organizing internal management information systems of customs authorities regarding export duties, import duties, value-added tax (VAT), special consumption tax (SCT), environmental protection tax (EPT), fees, fines, proceeds from confiscated sales, and other revenues as prescribed by the State for export and import goods (hereinafter referred to as accounting for export and import tax transactions).

2. Accounting for export and import tax transactions records and reflects the situation of state budget revenue from taxes and other revenues of taxpayers or administrative violators within and outside the tax field, including: Amounts of taxes and fees due, collected, and paid into the state budget; amounts of taxes still outstanding, refundable, refunded, and yet to be refunded to taxpayers; temporarily detained goods, with confiscation decisions but not yet sold or destroyed, transferred to competent authorities for handling,...

3. Accounting for export and import tax transactions is recorded and reflected using double-entry bookkeeping methods, ensuring comprehensive information suitable for customs system management requirements for each accounting period, each tax category, and each taxpayer.

Article 4. Requirements for accounting for export and import tax transactions

1. Fully record tax and other revenue transactions related to export and import goods arising in accounting vouchers, ledgers, and accounting reports.

2. Timely reflect accounting information and data for tax and other revenue transactions related to export and import goods according to the prescribed time frame to serve the management needs of the customs system.

3. Clearly, easily understandable, and accurately reflect accounting information and data for tax and other revenue transactions related to export and import goods to serve the management needs of the customs system.

4. Truthfully reflect the current status, essence of events, content, and value of export and import tax transactions to ensure high reliability of information.

5. Accounting information and data for export and import tax transactions must be continuously reflected; accounting data for the current period must follow that of the previous period.

6. Accounting information and data for export and import tax transactions must be classified and arranged systematically and consistently with national plan indicators, consistent with the accounting information system at the State Treasury.

Article 5. Units of measurement, writing, and numerals used in accounting for export and import tax transactions

1. The units of measurement in accounting for export and import tax transactions shall be carried out in accordance with the provisions of the Accounting Law.

Economic transactions denominated in foreign currency must be converted into Vietnamese Dong at the exchange rate prescribed by the law on taxes for exported and imported goods.

2. Physical accounting for temporarily detained or confiscated goods must use the officially recognized units of measurement of the Socialist Republic of Vietnam; in cases where other units of measurement are used, they must be converted into the officially recognized units of measurement of the Socialist Republic of Vietnam.

3. The writing used in accounting for export and import tax transactions is Vietnamese language.

4. The numerals used in accounting for export and import tax transactions are Arabic numerals: 0, 1, 2, 3, 4, 5, 6, 7, 8, 9; a period (.) must be placed after thousands, millions, billions, ten billions, hundred billions, and trillion; when recording digits following the unit digit, a comma (,) must be placed after the unit digit.

5. The accounting department at higher-level units, when preparing consolidated accounting reports for export and import tax transactions, if the reported figures exceed nine digits, may choose to use the abbreviated monetary unit of thousand dong; if exceeding twelve digits, may choose to use the abbreviated monetary unit of million dong; if exceeding fifteen digits, may choose to use the abbreviated monetary unit of billion dong. When using abbreviated monetary units, rounding off is done as follows: If the digit following the abbreviated monetary unit is five (5) or more, it is increased by one (1) unit; if less than five (5), it is not counted.

Article 6. Accounting periods for export and import tax transactions

The accounting period includes the annual accounting period and the monthly accounting period, which are defined as follows:

1. The annual accounting period consists of twelve months, from the beginning of January 1st to the end of December 31st of the Gregorian calendar year.

2. The monthly accounting period consists of one month, from the beginning of the first day to the end of the last day of the month.

3. The adjustment period.

The adjustment period is the time frame for recording and adjusting transactions that are permitted to be recorded in the previous year's accounting books according to the State Budget Law. The adjustment period starts from January 1st and ends on January 31st of the following year, and related adjustment documents for the previous year are updated in December of the previous year.

At the end of the adjustment period, any adjusting entries arising from the previous year's accounting period must be processed during the current year's accounting period.

Article 7. Accounting inspection

Customs authorities must undergo accounting inspections by authorized bodies and shall not be subject to more than one inspection of the same content within a year. An accounting inspection can only be conducted upon a decision by an authorized state agency in accordance with the law.

The content of accounting inspections includes: Checking the implementation of accounting work contents; checking the organization of the accounting department and accountants; checking the management and professional activities of accountants; checking compliance with other legal provisions on accounting.

The heads and accountants of units undergoing accounting inspections have the responsibility to provide relevant accounting documents to the inspection team concerning the inspection content and explain the required matters as requested by the inspection team; implement the conclusions of the accounting inspection team.

The heads and accountants of units undergoing accounting inspections have the right to refuse inspection if they find the inspection to be outside the scope of authority or the inspection content to be contrary to legal provisions; lodge complaints about the conclusions of the accounting inspection team with the body that issued the inspection decision; In case of disagreement with the conclusion of the body issuing the accounting inspection decision, the inspected customs authority must still comply and has the right to appeal to the final complaint resolution body in accordance with the law on complaints and appeals.

Within the customs authority, the accounting department for export and import tax transactions must be subject to regular inspections by the head of the customs authority to ensure strict compliance with accounting regulations, accurate and truthful accounting data.

Article 8. Inventory of Assets

Inventory of assets is the process of determining on-site the amount of cash on hand, reconciling the outstanding tax debts of taxpayers, the quantity of goods still under temporary custody in warehouses, the number of goods subject to confiscation decisions but not yet transferred to competent authorities for handling at the time of inventory, to compare with the figures recorded in accounting books.

Customs authorities shall conduct periodic year-end inventories before preparing financial reports and in other cases as required for management purposes.

Article 9. Responsibilities for Managing, Using, and Providing Accounting Information and Documentation

1. Customs authorities must establish regulations for managing, using, and preserving business tax accounting documentation, clearly defining responsibilities and authorities for each department and individual accountant; they must ensure adequate physical facilities and means for managing and preserving accounting documentation.

2. Customs authorities have the responsibility to provide business tax accounting information and documentation to state agencies authorized to perform their functions as prescribed by law. Agencies receiving accounting documentation must be responsible for maintaining and preserving such documentation during its usage period and must return it fully and on time upon completion of use.

3. The provision of information and documentation to specific entities shall be decided by the head of the customs authority in accordance with the law. The exploitation and use of accounting documentation must be approved in writing by the head of the customs authority or a person authorized by them.

Article 10. Storage of Accounting Documentation

1. Storage of accounting documentation must ensure safety and completeness of accounting information to substantiate business tax reports. Accounting documentation storage includes paper-based accounting documentation and electronic data message accounting documentation.

2. Storage of Paper-Based Accounting Documentation:

Accounting documentation that must be stored includes: Accounting vouchers; accounting ledgers; accounting reports and other documents printed out by the unit.

Accounting documentation must be properly preserved and secured during usage. Business tax accountants are responsible for preserving their accounting documentation during usage. Stored accounting documentation must be original copies as stipulated by law for each type of accounting documentation. In cases where accounting documentation is temporarily seized, confiscated, lost, or destroyed, there must be an accompanying record along with a copy of the seized, confiscated, lost, or destroyed documentation.

The head of the customs authority is responsible for organizing the preservation and storage of accounting documentation to ensure its safety, completeness, and legality. Accounting documentation placed into storage must be complete, systematic, classified, and arranged into separate files according to chronological order and fiscal year periods.

Accounting documentation is stored in the customs authority's archive. The accounting documentation archive must be located near the unit's headquarters, equipped with sufficient preservation devices and conditions ensuring safety during storage as prescribed by law.

3. Storage of Electronic Accounting Documentation:

Electronic accounting documentation, including messages and data contained on magnetic tapes, floppy disks, payment cards, and other media, must be organized chronologically and preserved with technical conditions preventing degradation of electronic records and unauthorized external access.

If electronic accounting documentation is stored in original form on special equipment, compatible reading devices must also be stored to enable retrieval when necessary.

Article 11. Interpretation of Terms

1. "Temporary tax accounting" refers to the method of accounting for export and import goods taxes temporarily deposited into the treasury account (temporary receipt, temporary retention) opened by customs authorities at the State Treasury before being paid into the state budget, in accordance with tax laws governing export and import goods.

2. "Specialized tax accounting" refers to the method of accounting for export and import goods taxes required to be paid into the state budget in accordance with tax laws governing export and import goods.

Article 12. Organization of Accounting Machinery

Customs business tax accounting operations at the General Department of Customs shall be carried out according to the principle of comprehensive industry-wide consolidation through the consolidation of business accounting reports from accounting units at grassroots organizations.

At each customs unit at the Bureau level, Sub-bureau level, or equivalent, a department responsible for customs business tax accounting and other revenue must be established in accordance with the conditions of the unit.

Article 13. Tasks for Implementing Business Tax Accounting Operations

1. At the General Department of Customs:

a) Directing, guiding, and inspecting the implementation of policies and accounting operations for customs business tax at accounting units throughout the Customs system;

b) Consolidating and analyzing business reports on customs business tax accounting information implemented throughout the Customs system to serve management requirements;

c) Continuously researching and evaluating the current situation to propose necessary additions and modifications to regulations on customs business tax accounting to be submitted for approval by the Ministry of Finance or the General Department of Customs;

d) Other tasks assigned.

2. At Customs Bureaus and Equivalent Units:

The business tax accounting department at Customs Bureaus has the following responsibilities:

a) Directing, guiding, and inspecting the implementation of policies and customs business tax accounting operations at accounting units at grassroots organizations under the Customs Bureau;

b) Organizing the implementation of accounting work within their unit in accordance with accounting laws;

c) Consolidating and analyzing business reports on customs business tax accounting information implemented within their unit according to management requirements;

d) Continuously researching and evaluating the current situation to propose necessary additions and modifications to regulations on customs business tax accounting and reporting to the General Department of Customs;

e) In cases where Customs Bureaus do not delegate customs business tax accounting work to grassroots organizations, or only delegate to some departments, they must organize the implementation of accounting work within the scope of their unit's duties, prepare business reports, and consolidate business reports to submit to higher-level authorities within the prescribed deadlines;

f) Other tasks assigned.

3. At Customs Sub-bureaus and Equivalent Units:

The business tax accounting department at grassroots organizations has the following responsibilities:

a) Checking the legality of documents related to customs business tax accounting as the basis for calculating taxes, fees, and other revenues;

b) Carrying out the consolidation of tax amounts based on declarations, adjustment notifications, issuing receipts, collecting taxes, collecting fees, tracking tax arrears, and urging tax collection;

c) Checking collection documents to ensure timely and full payment of taxes, fees, and other revenues into the state budget and timely remittance to higher levels;

d) Organizing the implementation of customs business tax accounting work within the scope of their unit's duties, preparing reports to submit to higher-level authorities within the prescribed deadlines;

e) In cases where grassroots Customs organizations do not establish a business tax accounting department, they must report accounts to the business tax accounting department of the higher-level organization to implement accounting.

4. Staffing for Business Tax Accounting Operations

Customs units must staff dedicated personnel for business tax accounting operations according to actual circumstances to ensure the full performance of accounting department duties within their units. The staffing of business tax accounting personnel must comply with current accounting laws and other national regulations.

Chapter II

SPECIFIC PROVISIONS

Section 1

ACCOUNTING DOCUMENT SYSTEM

Article 14. Content and format of accounting vouchers

Accounting vouchers for customs export-import tax transactions must be carried out strictly according to the content, method of preparation, and signature of vouchers as prescribed by the Accounting Law and Decree No. 128/2004/NĐ-CP dated May 31, 2004 of the Government detailing and guiding the implementation of certain provisions of the Accounting Law applicable in the field of state accounting.

Article 15. Procedure for circulation of accounting vouchers

1. The head of the customs authority shall assign departments to perform tasks related to the preparation, receipt, inspection, processing, and circulation of accounting vouchers based on the suitability with the customs procedures.

2. The procedure for circulating accounting vouchers includes the following steps:

a) Preparation, receipt, and processing of accounting vouchers;

b) The person preparing or receiving the accounting voucher must inspect and process according to the procedural requirements or submit it to the head of the unit for approval (if required);

c) Classification, arrangement of accounting vouchers, allocation of accounts, and recording in the accounting books;

d) Storage and preservation of accounting vouchers.

3. The procedure for inspecting accounting vouchers includes:

a) Checking the legality of the export-import tax transactions recorded on the accounting voucher;

b) Verifying the clarity, truthfulness, and completeness of the indicators and contents recorded on the accounting voucher;

c) Verifying the accuracy of the figures and information on the accounting voucher.

4. When inspecting accounting vouchers, if violations of policies, regulations, and financial management and tax laws of the State are discovered, they must be refused and immediately reported to the head of the customs authority for timely handling in accordance with current laws.

5. For accounting vouchers prepared without proper procedures, unclear handwriting, the person responsible for inspection or bookkeeping must prepare new vouchers that comply with the requirements, then use them as the basis for bookkeeping.

Article 16. Preparation of accounting vouchers

1. For all transactions arising from customs export-import tax activities, the customs department's accounting section must prepare accounting vouchers. An accounting voucher is only prepared once for each economic or financial transaction.

2. Accounting vouchers must be prepared according to the specified format for each type of transaction. Accounting vouchers prepared using computers must ensure the legal content required for accounting vouchers. In cases where accounting vouchers are prepared manually, they must record all required content as per the voucher format.

3. Entries made on accounting vouchers must be complete, clear, and comply with the prescribed content according to the format:

a) Writing on vouchers must be clear, no abbreviations allowed, no erasures permitted; writing must be done with ballpoint pen or ink pen; red ink may not be used.

b) The amount written in words must match the amount written in figures. The first letter must be capitalized, subsequent letters may not be capitalized; entries must be made at the beginning of the line, characters and numbers must be written continuously without gaps, fill the entire line before moving to the next line, do not write over printed lines, do not write over printed characters; blank spaces must be crossed out to prevent alterations, additions of numbers, or characters. Vouchers that have been erased, altered, or corrected are invalid for payment and bookkeeping purposes. If an error is made on a pre-printed voucher, it must be invalidated by crossing out the erroneous entry.

c) The date, month, and year on the voucher must be written in figures. However, for checks, the date and month should be written in words, while the year should be written in figures.

4. Multi-part vouchers must be prepared simultaneously for all parts according to the same content using a computer, typewriter, or carbon paper. In special cases where multiple parts of the voucher cannot be prepared simultaneously, they may be prepared in two stages but must ensure consistency in the content of all parts of the voucher.

Article 17. Use, Management, Printing, and Issuance of Accounting Forms and Documents

All customs duty business accounting units must uniformly apply the accounting document system prescribed in this Circular. During implementation, these customs duty business accounting units shall not unilaterally change the contents of accounting forms and documents contrary to the provisions of this Circular.

In addition to the accounting documents issued in this Circular, customs duty business accounting units must also use accounting documents issued in other legal regulations related to taxes and other revenues on exported and imported goods.

Pre-printed form templates must be carefully preserved and not allowed to become damaged or deteriorate. Cheques and negotiable instruments must be managed like cash. The classification, management, and distribution of accounting documents shall be carried out according to the regulations of the Ministry of Finance.

The templates of accounting documents specified in Appendix No. 02 attached to this Circular.

Section 2

ACCOUNTING ACCOUNT SYSTEM

Article 18. Customs Duty Business Accounting Accounts

1. An accounting account is an accounting method used to classify and systematize economic and financial transactions arising from the content of economic activities. Customs duty business accounting accounts reflect and continuously control systematically the amounts of tax revenue, late payment penalties, fines, fees, and other charges; the amounts of tax revenue, late payment penalties, fines, fees, and other charges already collected; the amounts of tax revenue, late payment penalties, fines, fees, and other charges already remitted to the state budget; the balances in the treasury accounts of customs authorities at the State Treasury; outstanding tax amounts, late payment penalties, and fines; remaining goods under temporary detention; goods that have been decided to be confiscated but not yet sold or destroyed;...

2. Accounting accounts are opened for each accounting entity with the same economic content. All accounting accounts used in accounting form a system of accounting accounts. The system of customs duty business accounting accounts includes accounts in the Balance Sheet and accounts outside the Balance Sheet.

3. The system of customs duty business accounting accounts is constructed and designed to meet the requirements of management, functions, tasks, and operational content of customs authorities and must ensure the following requirements:

a) Compliance with the State Budget Law, the Accounting Law, the Tax Administration Law, the Customs Law, organizational structures, and information systems of customs authorities at all levels;

b) Full reflection of economic and financial activities related to customs tax management and other revenues on exported and imported goods and settlements with the state budget of customs authorities at all levels;

c) Compatibility with the application of current and future management and settlement technologies within the customs system and in the economy, serving the organization of settlement relationships both within and outside the customs system;

d) Facilitation of data collection, processing, exploitation, and provision through computer programs and applications, ensuring the interface capability of the customs duty business accounting system with other information systems.

Article 19. Selection of Customs Duty Business Accounting Account System

1. The General Department of Customs must base its selection of the accounting account system for its unit on the accounting account system promulgated in this Circular. The General Department of Customs may supplement additional second-level, third-level, fourth-level, and fifth-level accounts (excluding those already defined by the Ministry of Finance in this Circular) to meet the management needs of the unit.

2. If the General Department of Customs needs to open additional first-level accounts beyond those already established or modify second-level, third-level, fourth-level, and fifth-level accounts within the accounting account system defined by the Ministry of Finance in this Circular, it must obtain written approval from the Ministry of Finance before implementation.

3. The list of customs duty business accounting accounts is specified in Appendix 01 attached to this Circular.

Article 20. Selection of Accounting Recording Methods

1. The General Department of Customs must select accounting recording methods issued in this Circular to suitably record for each current customs business process.

2. In cases where the General Department of Customs needs to amend or supplement accounting recording methods prescribed by the Ministry of Finance in this Circular, it must obtain written approval from the Ministry of Finance before implementation.

Article 21. Accounting Recording Methods for Certain Main Business Activities

1. Tax Collection Accounting

a) Tax Collection Accounting

(1) When the customs authority prepares the Ledger Entry based on the Customs Declaration, according to actual figures, record: 

Debit Account 314 - Settlement with Tax Payers (corresponding detailed account)

Credit Account 716 - Tax Revenue (corresponding detailed account)

(2) Upon receiving the Credit notification from the State Treasury regarding the amount of tax paid into the state budget in cases where the State Treasury directly collects taxes at the customs authority:

(2a) According to actual figures, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 314 - Settlement with Tax Payers (corresponding detailed account)

(2b) Simultaneously transfer the amount already submitted to the state budget based on the Credit notification from the State Treasury, record:

Debit Account 716 - Tax Revenue (corresponding detailed account)

Credit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

(3) In cases where the tax payer pays in cash, according to actual figures compiled, record:

Debit Account 111 - Cash on Hand

Credit Account 314 - Settlement with Tax Payers (corresponding detailed account)

(4) In cases where the tax payer pays by check transfer or the State Treasury directly collects the payment but has not yet provided the Credit notification to the customs authority, according to actual figures compiled, record:

Debit Account 113 - Funds in Transit

Credit Account 314 - Settlement with Tax Payers (corresponding detailed account)

(5) In cases where the tax payer pays non-trade transactions in cash, according to actual figures compiled, record:

Debit Account 152 - Materials and Tools

Credit Account 716 - Tax Revenue (corresponding detailed account)

(6) In cases where the tax payer pays small-scale transactions or non-trade transactions by check or the State Treasury directly collects the payment but has not yet provided the Credit notification, according to actual figures compiled, record:

Debit Account 113 - Funds in Transit

Credit Account 716 - Tax Revenue (corresponding detailed account)

(7) In cases where the customs authority deposits tax payments collected in cash into the State Treasury and immediately receives the Credit notification from the State Treasury:

(7a) According to actual figures, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 111 - Cash on Hand

(7b) Simultaneously transfer the amount already submitted to the state budget based on the Credit notification from the State Treasury, record:

Debit Account 716 - Tax Revenue (corresponding detailed account)

Credit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

(8) In cases where the customs authority deposits tax payments collected in cash into the State Treasury but has not yet received the Credit notification from the State Treasury, according to actual figures, record:

Debit Account 113 - Funds in Transit

Credit Account 111 - Cash on Hand

(9) When the State Treasury sends a Credit notification to the customs authority regarding the amount of cash and checks deposited into the state budget:

(9a) According to actual figures, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 113 - Funds in Transit

(9b) Simultaneously transfer the amount already submitted to the state budget based on the Credit notification from the State Treasury, record:

Debit Account 716 - Tax Revenue (corresponding detailed account)

Credit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

(10) When the customs authority or the State Treasury collects small-scale and non-trade taxes in cash without depositing them into the customs authority's cash fund but immediately transfers them to the state budget:

(10a) According to actual figures, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 716 - Tax Revenue (corresponding detailed account) 

(10b) Simultaneously transfer the amount already submitted to the state budget, record:

Debit Account 716 - Tax Revenue (corresponding detailed account)

Credit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

b) Accounting for Revenue Deposits to the National Budget

(1) For tax arrears of tax payers settled through budgetary receipts and payments, upon receipt of the confirmation document from the Ministry of Finance that the budgetary receipts and payments have been recorded for the tax payable by the tax payer, according to actual figures, record:

Debit Account 334 - Budget Receipts (corresponding detailed account)

Credit Account 314 - Settlement with Tax Payers (corresponding detailed account)

(2) Simultaneously transfer the amount already recorded as budget revenue into tax revenue, according to actual figures, record:

Debit Account 716 - Tax Revenue (corresponding detailed account)

Credit Account 334 - Budget Receipts (corresponding detailed account)

c) Accounting for Refund Decisions Due to Exemptions and Reductions

(1) When the customs authority makes a decision to exempt or reduce taxes for tax payers, according to actual figures, the accountant records red journal entry:

Debit Account 314 - Settlement with Tax Payers (corresponding detailed account)

Credit Account 716 - Tax Revenue (corresponding detailed account)

(2) In cases where taxes have already been paid, when the customs authority makes a decision to refund taxes for tax payers, according to actual figures:

(2a) Reflect the tax refund due to the tax payer, record:

Debit Account 716 - Tax Revenue (corresponding detailed account)

Credit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

(2b) Simultaneously adjust the reduction decision when there is a refund decision, the accountant records red journal entry:

Debit Account 716 - Tax Revenue (corresponding detailed account)

Credit Account 314 - Settlement with Tax Payers (corresponding detailed account)

d) Accounting for Refunds of Tax Payments from the National Budget

(1) In cases of refunds from the national budget of the previous year:

(1a) Upon receipt of the refund document for tax payments from the national budget for the tax refunds due to the tax payer, record:

Debit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

Credit Account 354 - Adjustment to Reduce Revenue (corresponding detailed account).

(1b) Simultaneously, transfer the tax refunds due to the tax payer from the national budget, record:

Debit Account 354- Adjustment to Reduce Revenue (corresponding detailed account)

Credit Account 715- Provisional Tax Revenue (corresponding detailed account)

Credit Account 716- Tax Revenue (corresponding detailed account)

(2) In cases of refunds from the national budget of the current year:

(2a) Upon receipt of the refund document for tax payments from the national budget for the tax refunds due to the tax payer, record:

Debit Account 336- Taxes Due for Refund and Other Revenues (corresponding detailed account)

Credit Account 354- Adjustment to Reduce Revenue (corresponding detailed account).

(2b) Simultaneously, record red journal entry:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 354- Adjustment to Reduce Revenue (corresponding detailed account).

(2c) Simultaneously, record red journal entry:

Debit Account 715- Provisional Tax Revenue (corresponding detailed account)

Debit Account 716- Tax Revenue (corresponding detailed account)

Credit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account).

e) Accounting for Refunds of Non-Trade Tax Payments in Cash

(1) When the customs authority makes a decision to refund the non-trade tax payments made by the tax payer, according to actual figures, reflect the amount of non-trade tax due for refund, record:

Debit Account 716 - Tax Revenue (corresponding detailed account)

Credit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

(2) When the customs authority refunds non-trade taxes to the tax payer:

(2a) According to actual figures, record:

Debit Account 354 - Adjustment to Reduce Revenue (35441)

Credit: Accounts 111, 112

(2b) Simultaneously transfer the amount refunded in cash, record:

Debit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

Credit Account 354 - Adjustment to Reduce Revenue (35441)

g) Accounting for Refunds of Non-Trade Taxes from the National Budget

(1) When the customs authority makes a decision to refund the non-trade tax payments made by the tax payer, according to actual figures, reflect the amount of non-trade tax due for refund, record:

Debit Account 716 - Tax Revenue (corresponding detailed account)

Credit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

(2) In cases of refunds from the national budget of the previous year, when the customs authority receives the refund document for non-trade taxes from the national budget:

(2a) According to actual figures, record:

Debit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

Credit Account 354 - Adjustment to Reduce Revenue (35432)

(2b) Simultaneously transfer the non-trade taxes already refunded from the national budget, record:

Account 354 - Adjustment to reduce revenue collection (35432)

Credit Account 716 - Tax Revenue (corresponding detailed account)

(3) In the case of refunding state budget revenue for the current year, when the customs authority receives evidence of tax refund from the state budget:

(3a) Based on actual figures, record:

Debit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

Credit Account 354 - Adjustment to Reduce Revenue (35432)

(3b) At the same time, record red journal entry:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 354- Adjustment to Reduce Revenue (corresponding detailed account).

(3c) At the same time, record red journal entry:

Debit Account 716- Tax Revenue (corresponding detailed account)

Credit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account).

2. Accounting for provisional tax collections

a) Accounting for provisional tax collections

(1) When the customs authority prepares the Bookkeeping Voucher based on the Customs Declaration, based on actual figures, record:

Debit Account 315 - Provisional Tax Receivable (corresponding sub-account)

Credit Account 715 - Provisional Tax Revenue (corresponding sub-account)

(2) In the case where the customs authority collects provisional tax in cash:

(2a) Based on the receipt voucher, record:

Debit Account 111 - Cash Credit Account 315 - Provisional Tax Receivable (corresponding sub-account)

(2b) When the customs authority deposits the money into the temporary holding account, record:

Debit Account 112 - Bank Deposit (1124)

Credit Account 111 - Cash on Hand

(3) When the taxpayer deposits provisional tax into the state treasury's temporary holding account, based on the confirmation from the state treasury, record:

Debit Account 112 - Bank Deposit (1124)

Credit Account 315 - Provisional Tax Receivable (corresponding sub-account)

(4) When the taxpayer self-deposits provisional tax or provisional non-trade tax, based on actual figures, record:

Debit Account 112 - Bank Deposit (1124)

Credit Account 715 - Provisional Tax Revenue (corresponding sub-account)

(5) In the case where the customs authority decides not to collect provisional tax from the taxpayer:

(5a) Based on actual figures, record:

Debit Account 316 - Reversal of Provisional Tax Receivable

Credit Account 315 - Provisional Tax Receivable (corresponding sub-account)

(5b) Simultaneously transfer the amount of provisional tax not collected, record:

Debit Account 715 - Provisional Tax Revenue (corresponding sub-account)

Credit Account 316 - Reversal of Provisional Tax Receivable

(6) When the customs authority transfers funds from the temporary holding account to the state budget according to the decision to pay provisional tax into the state budget:

(6a) Based on actual figures, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 112 - Bank Deposit (1124)

(6b) Simultaneously transfer the provisional tax revenue that has been paid into the state budget, based on actual figures, record:

Debit Account 715 - Provisional Tax Revenue (corresponding sub-account)

Credit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

b) Accounting for provisional tax refunds

(1) When the customs authority prepares the Bookkeeping Voucher based on the Customs Declaration, based on actual figures, record:

Debit Account 315 - Provisional Tax Receivable (corresponding sub-account)

Credit Account 715 - Provisional Tax Revenue (corresponding sub-account)

(2) Upon receiving the confirmation from the state treasury regarding the provisional tax deposited by the taxpayer into the customs authority's temporary holding account, record:

Debit Account 112 - Bank Deposit (1124)

Credit Account 315 - Provisional Tax Receivable (corresponding sub-account)

(3) In the case where goods are re-exported by the enterprise, adjust the provisional tax receivable, the accountant records red journal entry:

Debit Account 315 - Provisional Tax Receivable (corresponding sub-account)

Credit Account 715 - Provisional Tax Revenue (corresponding sub-account)

(4) In the case of a refund decision, the accountant simultaneously performs the following two entries:

(4a) Reflect the provisional tax already collected that must be refunded according to the refund decision, record:

Debit Account 715 - Provisional Tax Revenue (corresponding sub-account)

Credit Account 335 - Refundable Provisional Tax

(4b) Adjust the reduction decision according to the refund decision, the accountant records red journal entry:

Debit Account 715 - Provisional Tax Revenue (corresponding sub-account)

Credit Account 315 - Provisional Tax Receivable (corresponding sub-account)

(5) In the case where the customs authority refunds provisional tax from the customs deposit account to the taxpayer, the accountant records:

Debit Account 335 - Refundable Provisional Tax

Credit Account 112 - Bank Deposit (1124)

c) The accountant transfers the refunded provisional tax to offset specific taxes (In the case of refund from the customs deposit account)

(1) When the customs authority prepares the Bookkeeping Voucher based on the Customs Declaration, based on actual figures, record:

Debit Account 315 - Provisional Tax Receivable (corresponding sub-account)

Credit Account 715 - Provisional Tax Revenue (corresponding sub-account)

(2) Upon receiving the confirmation from the state treasury regarding the provisional tax deposited by the taxpayer into the customs authority's temporary holding account, record:

Debit Account 112 - Bank Deposit (1124)

Credit Account 315 - Provisional Tax Receivable (corresponding sub-account)

(3) In the case where goods are re-exported by the enterprise, to adjust the provisional tax receivable, the accountant records red journal entry:

Debit Account 315 - Provisional Tax Receivable (corresponding sub-account)

Credit Account 715 - Provisional Tax Revenue (corresponding sub-account)

(4) In the case of a refund decision, the accountant simultaneously performs the following two entries:

(4a) Reflect the provisional tax already collected that must be refunded according to the refund decision, record:

Debit Account 715 - Provisional Tax Revenue (corresponding sub-account)

Credit Account 335 - Refundable Provisional Tax

(4b) Adjust the reduction decision according to the refund decision, the accountant records red journal entry:

Debit Account 715 - Provisional Tax Revenue (corresponding sub-account)

Credit Account 315 - Provisional Tax Receivable (corresponding sub-account)

(5) Based on the payment instruction with confirmation from the state treasury, reflect the refunded provisional tax, record:

Debit Account 335 - Refundable Provisional Tax (corresponding sub-account)

Credit Account 112 - Bank Deposit (corresponding sub-account)

(6) When the customs authority summarizes the tax declaration reflecting the specific tax payable by the taxpayer, based on actual figures, record:

Debit Account 314 - Settlement with Tax Payers (corresponding detailed account)

Credit Account 716 - Tax Revenue (corresponding detailed account)

(7) Reflect the specific tax collected through offsetting from the refunded provisional tax, record:

(7a) Based on the confirmation from the state treasury regarding the specific tax collected, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 314 - Settlement with Tax Payers (corresponding detailed account)

(7b) Simultaneously transfer the amount paid into the state budget into the tax revenue, record:

Debit Account 716 - Tax Revenue (corresponding detailed account)

Credit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

d) Accounting for changing tax debt form

In the case where the enterprise changes the purpose of use, transferring imported goods for domestic consumption must declare on a new customs declaration, the accountant accounts for the tax on the transferred goods and changed purpose as follows:

(1) Based on the new declaration, account for the specific tax receivable recalculated according to the new declaration, record:

Debit Account 314 - Settlement with Taxpayer (corresponding sub-account)

Credit Account 716- Tax Revenue (corresponding detailed account)

(2) Based on the decision to reduce the provisional tax receivable of the initial declaration (old declaration), record red journal entry:

Debit Account 315 - Provisional Tax Receivable (corresponding sub-account)

Credit Account 715- Provisional Tax Revenue (corresponding detailed account)

(3) In the case where the tax of the old declaration has already been paid, based on the refund decision, confirmation, refund order combined with offset confirmation from the state treasury and related documents, the accountant accounts for the refund and offset process (the declaration is refunded according to the refund and excess tax repayment process; the declaration is offset and accounted for according to the tax collection regulations).

e) Accounting for excess provisional tax payments transferred to the state budget

(1) When the customs authority prepares the Bookkeeping Voucher based on the Customs Declaration, based on actual figures, record:

Debit Account 315 - Provisional Tax Receivable (corresponding sub-account)

Credit Account 715 - Provisional Tax Revenue (corresponding sub-account)

(2) When the taxpayer pays the provisional tax according to the notification into the state treasury's temporary holding account, based on the confirmation from the state treasury, record:

Debit Account 112 - Bank Deposit (1124)

Credit Account 315 - Provisional Tax Receivable (corresponding sub-account)

(3) In the case where the taxpayer has deposited more than the notified provisional tax amount into the customs authority's temporary holding account:

(3a) Based on actual figures, record:

Debit Account 315 - Provisional Tax Receivable (corresponding sub-account)

Credit Account 338 - Other Payables (3389)

(3b) When there is a decision to transfer the excess amount to the state budget, record:

Credit Account 111- Cash (In case the enterprise pays cash at the Customs Authority)

Credit Account 716 - Tax Revenue (corresponding detailed account)

(4) When the customs authority transfers the excess provisional tax to the state budget:

(4a) Based on the bank's debit notice, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 112 - Bank Deposit (Account 1124)

(4b) Simultaneously transfer the amount paid into the state budget, record:

Debit Account 716 - Tax Revenue (corresponding detailed account)

Credit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

3. Accounting for additional tax collection

a) Accounting for additional tax collection

(1) When the customs authority decides to collect additional tax from the taxpayer, based on actual figures, record:

Debit Account 314 - Settlement with Tax Payers (corresponding detailed account)

Credit Account 717 - Additional Tax Revenue (corresponding sub-account)

(2) Upon receiving the confirmation from the state treasury regarding the additional tax paid into the state budget in cases where the state treasury directly collects tax at the customs authority:

(2a) According to actual figures, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 314 - Settlement with Tax Payers (corresponding detailed account)

(2b) Simultaneously transfer the amount already submitted to the state budget based on the Credit notification from the State Treasury, record:

Debit Account 717 - Additional Tax Revenue (corresponding sub-account)

Credit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

(3) In the case where the taxpayer pays additional tax in cash, based on the actual figures compiled, record:

Debit Account 111 - Cash on Hand

Credit Account 314 - Settlement with Taxpayer (corresponding sub-account)

(4) In the case where the taxpayer pays additional tax by check or the state treasury directly collects the tax according to the notification but has not confirmed to the customs authority, based on the actual figures compiled, record:

Debit Account 113 - Funds in Transit

Credit Account 314 - Settlement with Tax Payers (corresponding detailed account)

(5) In the case where the customs authority pays the additional tax collected in cash into the State Treasury and receives the immediate confirmation from the State Treasury:

(5a) Based on actual figures, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 111 - Cash on Hand

(5b) Simultaneously transfer the amount already submitted to the state budget according to the amount reported as received by the State Treasury, record:

Debit Account 717 - Additional Tax Revenue (corresponding sub-account)

Credit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

(6) In cases where the customs authority submits the tax arrears recovery payment in cash to the State Treasury but has not yet received the report of receipt from the State Treasury, based on actual figures, record:

Debit Account 113 - Funds in Transit

Credit Account 111 - Cash on Hand

(7) When the State Treasury sends a report of receipt to the customs authority regarding the amount of cash and checks submitted to the state budget:

(7a) According to actual figures, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 113 - Funds in Transit

(7b) Simultaneously transfer the amount already submitted to the state budget based on the Credit notification from the State Treasury, record:

Debit Account 716 - Tax Revenue (corresponding detailed account)

Credit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

b) The accountant issues a decision to refund the tax arrears recovery payment

(1) When the customs authority decides to exempt or reduce the tax arrears recovery payment for the taxpayer, based on actual figures, the accountant records: red journal entry:

Debit Account 314 - Settlement with Tax Payers (corresponding detailed account)

Credit Account 717 - Additional Tax Revenue (corresponding sub-account)

(2) When the customs authority decides to refund the tax arrears recovery payment to the taxpayer, based on actual figures:

(2a) Reflect the tax refund due to the tax payer, record:

Debit Account 716 - Tax Arrears Recovery Revenue (corresponding detailed account)

Credit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

(2b) Simultaneously adjust the decision to reduce the tax arrears recovery revenue when there is a refund decision, the accountant records: red journal entry:

Debit Account 717 - Additional Tax Revenue (corresponding sub-account)

Credit Account 314 - Settlement with Tax Payers (corresponding detailed account)

4. Accounting for late payment penalties

a) Accounting for late payment penalties

(1) Based on the Payment Slip, the customs authority determines the late payment penalty of the taxpayer, record:

Debit Account 314 - Settlement with Tax Payers (corresponding detailed account)

Credit Account 719 - Penalty Revenue (7191)

(2) Upon receiving the report of receipt from the State Treasury regarding the late payment penalty that the taxpayer has directly submitted to the state budget:

(2a) According to actual figures, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 314 - Settlement with Tax Payers (corresponding detailed account)

(2b) Simultaneously transfer the late payment penalty revenue already submitted to the state budget according to the amount reported as received by the State Treasury, record:

Debit Account 719 - Penalty Revenue (7191)

Credit Account 333 - Budget Receipts and Payments Settlement (33371)

(3) In cases where the taxpayer pays the late payment penalty in cash, based on actual figures, record:

Debit Account 111 - Cash on Hand

Credit Account 314 - Settlement with Tax Payers (corresponding detailed account)

(4) In cases where the taxpayer pays the late payment penalty by check, record:

Debit Account 113 - Funds in Transit

Credit Account 314 - Settlement with Tax Payers (corresponding detailed account)

(5) In cases where the customs authority submits the late payment penalty collected in cash to the State Treasury and immediately receives the report of receipt from the State Treasury:

(5a) Based on actual figures, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 111 - Cash on Hand

(5b) Simultaneously transfer the amount already submitted to the state budget according to the amount reported as received by the State Treasury, record:

Debit Account 719 - Penalty Revenue (7191)

Credit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

(6) In cases where the customs authority submits the late payment penalty collected in cash to the State Treasury but has not yet received the report of receipt from the State Treasury, based on actual figures, record:

Debit Account 113 - Funds in Transit

Credit Account 111 - Cash on Hand

(7) When the State Treasury sends a report of receipt to the customs authority regarding the amount of cash and checks submitted to the state budget:

(7a) According to actual figures, record:

Debit Account 333 - Budget Receipts and Payments Settlement (33371)

Credit Account 113 - Funds in Transit

(7b) Simultaneously transfer the amount already submitted to the state budget based on the Credit notification from the State Treasury, record:

Debit Account 719 - Penalty Revenue (7191)

Credit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

b) The accountant issues a decision to refund the late payment penalty

(1) When the customs authority adjusts the reduction of the late payment penalty revenue for the taxpayer, based on actual figures, the accountant records: red journal entry:

Debit Account 314 - Settlement with Tax Payers (corresponding detailed account)

Credit Account 719 - Penalty Revenue (7191)

(2) When the customs authority decides to refund the late payment penalty already submitted to the state budget for the taxpayer, based on actual figures:

(2a) Reflect the late payment penalty revenue that must be refunded to the taxpayer, record:

Debit Account 719 - Penalty Revenue (7191)

Credit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

(2b) Simultaneously adjust the decision to reduce the late payment penalty revenue, the accountant records: red journal entry:

Debit Account 719 - Penalty Revenue (7191)

Credit Account 314 - Settlement with Tax Payers (corresponding detailed account)

5. Accounting for fees, surcharges, and other revenues

a) Accounting for customs fees and surcharges

(1) In cases of electronic customs declaration, after determining the customs fees and surcharges that the taxpayer must pay, record:

Debit Account 318 - Settlement with Fee and Surcharges Payers (corresponding detailed account)

Credit Account 718 - Customs Fees and Surcharges Revenue (corresponding detailed account)

(2) When the taxpayer pays customs fees and surcharges in cash, based on actual figures, record:

Debit Account 152 - Materials and Tools

Credit Account 718 - Customs Fees and Surcharges Revenue (corresponding detailed account)

Credit Account 318 - Settlement with Fee and Surcharges Payers (corresponding detailed account)

(3) When the taxpayer directly deposits customs fees and surcharges into the customs authority's deposit account, based on actual figures, record:

Debit Account 112 - Treasury Deposits (1121)

Credit Account 718 - Customs Fees and Surcharges Revenue (corresponding detailed account)

Credit Account 318 - Settlement with Fee and Surcharges Payers (corresponding detailed account)

(4) In cases where the receipt of the amount transferred from customs fees and surcharges revenue to the budget unit (if applicable) is received:

(4a) Based on actual figures, record:

Debit Account 343 - Inter-unit Settlement (Amount retained by the budget unit - if applicable)

Credit: Accounts 111, 112

(4b) Simultaneously transfer the customs fees and surcharges revenue already transferred to the budget unit (if applicable), based on actual figures, record:

Debit Account 718 - Customs Fees and Surcharges Revenue (corresponding detailed account)

Credit Account 343 - Inter-unit Settlement

b) Accounting for administrative violation fines

(1) When the customs authority issues a decision on administrative violation fines, based on actual figures, record:

Debit Account 319 - Administrative Violation Fine Settlement (corresponding detailed account)

Credit Account 719 - Penalty Revenue (corresponding detailed account)

(2) When the customs authority collects administrative violation fines in cash (if permitted), based on actual figures, record:

Debit Account 111 - Cash (corresponding detailed account)

Credit Account 319 - Administrative Violation Fine Settlement (corresponding detailed account)

(3) When the customs authority submits the administrative violation fine revenue collected in cash to the state budget and immediately receives the information (report of receipt):

(3a) Based on actual figures, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 111 - Cash (corresponding detailed account)

(3b) Simultaneously transfer the administrative violation fine revenue already submitted to the state budget, based on the actual amount, record:

Debit Account 719 - Penalty Revenue (corresponding detailed account)

Credit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

(4) When the customs authority submits the administrative violation fine revenue collected in cash to the state budget but has not yet received the information (report of receipt) from the State Treasury.

(4a) Based on actual figures, record:

Debit Account 113 - Funds in Transit (corresponding detailed account)

Credit Account 111 - Cash (corresponding detailed account)

(4b) Upon receiving the information (report of receipt) from the State Treasury regarding the administrative violation fine revenue already submitted to the state budget, based on the actual amount, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 113 - Funds in Transit (corresponding detailed account)

(4c) Transfer the administrative violation fine revenue already submitted to the state budget, based on the actual amount, record:

Debit Account 719 - Penalty Revenue (corresponding detailed account)

Credit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

(5) Upon receiving the information (report of receipt) from the State Treasury regarding the administrative violation fine paid directly by the payer to the state budget

(5a) Based on actual figures, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 319 - Administrative Violation Fine Settlement (corresponding detailed account)

(5b) Simultaneously transfer the administrative violation fine revenue already submitted to the state budget, based on actual figures, record:

Debit Account 719 - Penalty Revenue (corresponding detailed account)

Credit Account 333 - Budget Receipts and Payments Settlement (corresponding detailed account).

c) Accounting for refunds of customs fees and surcharges

(1) When there is a decision to refund fees and surcharges to the payer, reflect the surcharge amount to be refunded to the taxpayer, record:

Debit Account 718 - Customs Fees and Surcharges Revenue (corresponding detailed account)

Credit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

(2) When the customs authority returns the customs fees and surcharges to the payer who is entitled to a refund, based on actual figures, reflect the amount of refunded customs fees and surcharges, record:

Debit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

Credit Account 111 - Cash (corresponding detailed account)

Credit Account 112 - Treasury Deposits (corresponding detailed account).

d) Accounting for goods and seized items awaiting processing

(1) Based on the value of goods listed in the temporary seizure document due to administrative violations related to customs to await processing, the accountant monitors on Account 002 "Temporary Held Goods":

(1a) Record (single entry) on the debit side of Account 002 "Temporary Held Goods";

(1b) After the processing result is obtained, return the administrative violation object or the decision to confiscate for public funds, record Debit Account 002 "Temporary Held Goods".

(2) For administrative violation objects that are goods or items prone to damage, if they must be sold (if permitted), the proceeds must be deposited into a temporary holding account at the State Treasury. Based on the sales record and the actual amount on the receipt, record as follows:

(2a) If not yet deposited into the temporary holding account at the State Treasury, record the sales proceeds as cash, record:

Debit Account 111 - Cash (corresponding detailed account)

Credit Account 338 - Accounts Payable (corresponding sub-account)

(2b) When depositing the proceeds from selling temporarily held items awaiting processing into the temporary holding account of Customs at the State Treasury, based on actual figures, record:

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 111 - Cash (corresponding detailed account)

(2c) In cases where the customs authority returns the proceeds from selling temporarily held items to the taxpayer, based on actual figures, record:

Debit Account 338 - Accounts Payable (corresponding sub-account)

Credit Account 112 - Bank Deposit (corresponding sub-account)

Credit Account 111 - Cash (corresponding sub-account) - in cases where the money has not been deposited into the temporary holding account.

e) Accounting for sales proceeds from confiscated goods

(1) In cases where there is a decision to confiscate for public funds for temporarily held items, accounting reflects the sales proceeds from confiscated goods already collected, based on actual figures, record:

Debit Account 111 - Cash (corresponding detailed account)

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 720 - Revenue from Confiscated Sales Proceeds

(2) When depositing the sales proceeds from confiscated goods into the State Budget, transfer the budget unit's cost of confiscated sales (if any), the State Treasury reports Credit immediately:

(2a) Deposit into the State Budget, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 111 - Cash (corresponding sub-account) or

Credit Account 112 - Deposits with State Treasury (corresponding sub-account).

Simultaneously transfer the sales proceeds from confiscated goods already deposited into the state budget:

Debit Account 720 - Revenue from Confiscated Sales Proceeds

Credit Account 333 - Settlement of Revenue Payments to the State Budget (corresponding sub-account)

(2b) Transfer the budget unit's cost of confiscated sales (if any)

Debit Account 343 - Settlement of Recurrent Transactions with Budget Units (corresponding sub-account)

Credit Account 111 - Cash (corresponding sub-account) or

Credit Account 112 - Deposits with State Treasury (corresponding sub-account).

Simultaneously transfer the cost of confiscated sales to the budget unit (if any), record:

Debit Account 720 - Revenue from Confiscated Sales Proceeds

Credit Account 343 - Settlement of Recurrent Transactions with Budget Units (corresponding sub-account)

(3) In cases where the customs authority deposits money into the budget but the State Treasury has not reported Credit yet, based on actual figures, record:

Debit Account 113 - Funds in Transit

Credit Account 111 - Cash (corresponding detailed account)

(4) Upon receiving information data (reporting Credit) from the State Treasury regarding the sales proceeds from confiscated goods already deposited into the state budget;

(4a) Based on actual figures, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 113 - Funds in Transit

(4b) Simultaneously transfer the sales proceeds from confiscated goods already deposited into the state budget, based on actual figures, record:

Debit Account 720 - Revenue from Confiscated Sales Proceeds (corresponding sub-account)

Credit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

(5) In cases where there is a decision to confiscate for public funds for the proceeds from selling temporarily held items prone to damage, when customs transfers the proceeds from selling these items from the temporary holding account at the State Treasury into the state budget and receives immediate reporting Credit:

(5a) Based on actual figures, record a reduction in accounts payable:

Debit Account 338 - Accounts Payable (corresponding sub-account)

Credit Account 112 - Deposits with State Treasury (corresponding sub-account)

(5b) Simultaneously record an increase in state budget payments, based on the State Treasury's Credit report and actual figures, record:

Debit Account 333 - Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 720 - Revenue from Confiscated Sales Proceeds

(5c) Simultaneously transfer the state budget payments, record:

Debit Account 720 - Revenue from Confiscated Sales Proceeds

Credit Account 333 - Settlement of Revenue Payments to the State Budget (State Budget Payments) (corresponding sub-account)

g) Accounting for fees (coffee, pepper, cashew) collected on behalf of associations, and accounting for business security deposits

(1) In cases where taxpayers are allowed to pay fees collected on behalf of (coffee, pepper, cashew) monthly (after completing customs procedures):

(1a) Based on the customs declaration reflecting the fees collected on behalf of associations that the taxpayer must pay, record:

Debit Account 318 - Settlement with Fee and Tax Payers (corresponding sub-account)

Credit Account 338 - Accounts Payable (corresponding sub-account).

(1b) When taxpayers pay fees collected on behalf of (coffee, pepper, cashew) in cash or into the customs authority's deposit account at the State Treasury, based on collection receipts or the State Treasury's Credit report, record:

Debit Account 111 - Cash (corresponding sub-account)

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 318 - Settlement with Fee and Tax Payers (corresponding sub-account).

(2) In cases where taxpayers pay fees (coffee, pepper, cashew) immediately at the time of processing (each time customs procedures are completed), based on cash collection receipts or the State Treasury's Credit report, record:

Debit Account 111 - Cash (corresponding sub-account), in case of cash payment

Debit Account 112 - Deposits with State Treasury (corresponding sub-account), in case of deposit into the customs authority's deposit account

Credit Account 338 - Accounts Payable (corresponding sub-account)

(3) When the customs authority withdraws cash to pay fees collected on behalf of into the customs authority's deposit account at the State Treasury:

(3a) If immediately receiving the State Treasury's Credit report, record:

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 111 - Cash (corresponding sub-account).

(3b) If not yet received the State Treasury's Credit report, record:

Debit Account 113 - Funds in Transit (corresponding sub-account)

Credit Account 111 - Cash (corresponding sub-account).

(3c) After recording entry (3b), upon receiving the State Treasury's Credit report, record:

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 113 - Funds in Transit (corresponding sub-account).

(4) When the customs authority pays the fees collected on behalf of to the associations from the customs authority's deposit account, based on the State Treasury's Debt report, record:

Debit Account 338 - Accounts Payable (corresponding sub-account)

Credit Account 112 - Deposits with State Treasury (corresponding sub-account).

(5) Collecting security deposits from taxpayers: when taxpayers pay the security deposit in cash or into the customs authority's temporary holding account at the State Treasury, based on the receipt or the State Treasury's Credit report, record:

Debit Account 111 - Cash (corresponding detailed account)

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 338 - Accounts Payable (corresponding sub-account).

(6) When the customs authority withdraws cash to deposit collected security deposits into the customs authority's deposit account at the State Treasury:

(6a) If immediately receiving the State Treasury's Credit report, record:

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 111 - Cash (corresponding sub-account).

(6b) If not yet received the State Treasury's Credit report, record:

Debit Account 113 - Funds in Transit (corresponding sub-account)

Credit Account 111 - Cash (corresponding sub-account).

(6c) After recording entry (6b), upon receiving the State Treasury's Credit report, record:

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 113 - Funds in Transit (corresponding sub-account).

(7) When the processing result is obtained, based on the processing result to settle the taxpayer's security deposit, record:

Debit Account 338 - Accounts Payable (corresponding sub-account)

Credit Account 112 - Deposits with State Treasury (corresponding sub-account). Simultaneously record refund or collect specific taxes or provisional taxes according to each specific case.

h) Accounting for collecting taxes and other revenues on behalf of other customs authorities

(1) In case the customs authority collects on behalf of another customs authority the tax paid by enterprises or other fees, record:

Debit Account 112 - Bank Deposit (In case the enterprise mistakenly pays into the wrong account)

Debit Account 112 - Bank Deposits (In case the enterprise pays money into the account of the customs authority)

6.2. When the Customs Authority deposits the collected funds into the account of another Customs Authority or transfers it back, record:

(2) When the customs authority transfers the collected amount to another customs authority, record:

Debit Account 338 - Other Payables (3389)

Credit Account 111 - Cash (In case cash is deposited into the account of the customs authority) Credit Account 112 - Bank Deposits (In case the transferred amount from the deposit account of the unit to another authority)

6. Accounting for receiving electronic data transmitted through the customs authority's electronic payment gateway by the State Treasury or the Bank

a) In case the taxpayer pays taxes through the Bank or deposits into the State Treasury based on electronic data transmitted by the State Treasury (every 15 minutes) or by the Bank through the customs authority's electronic payment gateway regarding the amount of tax and other payments made by the taxpayer, record:

Debit Account 113 - Funds in Transit (corresponding sub-account)

Credit Account 314 - Settlement with Tax Payers (corresponding detailed account)

Credit Account 315 - Provisional Tax Receivable (corresponding sub-account)

Credit Account 318 - Settlement with Fee and Surcharges Payers (corresponding detailed account)

Credit Account 319 - Administrative Violation Penalties Settlement (Detailed Sub-account)

b) After receiving the information on state budget revenue accounting (Payment Receipt List/Credit Notice) sent by the State Treasury, the customs authority checks and reconciles the received information with the state budget settlement, then records:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 113 - Funds in Transit (corresponding sub-account).

7. Accounting for late payment penalties for administrative violations

a) In case the payer directly deposits the penalty into the State Treasury:

(1) When the customs authority receives the Credit Notice from the State Treasury regarding the late payment penalty paid by the taxpayer into the state budget, record:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 319 - Administrative Violation Penalties Settlement (Detailed Sub-account)

At the same time, record:

Debit Account 719 - Revenue from Penalties (Detailed Sub-account)

Credit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account).

At the same time, record:

Debit Account 319 - Administrative Violation Fine Settlement (corresponding detailed account)

Credit Account 719 - Revenue from Penalties (Detailed Sub-account)

(2) In case the customs authority receives electronic data on state budget revenue transmitted through the customs authority's electronic payment gateway by the Bank or the State Treasury regarding the late payment penalty paid by the taxpayer, record

Debit Account 113 - Funds in Transit (corresponding sub-account)

Credit Account 319 - Administrative Violation Penalties Settlement (Detailed Sub-account)

(3) After receiving the information on state budget revenue accounting (Payment Receipt List/Credit Notice) sent by the State Treasury, the customs authority checks and reconciles the received information with the state budget settlement, then records:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 113 - Funds in Transit (Detailed Sub-account). At the same time, record:

Debit Account 719 - Revenue from Penalties (Detailed Sub-account)

Credit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account).

At the same time, record:

Debit Account 319 - Administrative Violation Fine Settlement (corresponding detailed account)

Credit Account 719 - Revenue from Penalties (Detailed Sub-account)

b) In case the payer pays the late payment penalty in cash to the customs authority (if permitted):

(1) Based on the document reflecting the amount of late payment penalty paid by the payer, record:

Debit Account 111 - Cash (corresponding sub-account)

Credit Account 319 - Administrative Violation Penalties Settlement (Detailed Sub-account)

(2) When the customs authority withdraws funds to deposit into the State Treasury:

(2a) If immediately receiving the Credit Notice from the State Treasury, record:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 111 - Cash (corresponding sub-account).

At the same time, record:

Debit Account 719 - Revenue from Penalties (Detailed Sub-account)

Credit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account).

At the same time, record:

Debit Account 319 - Administrative Violation Penalties Settlement (Detailed Sub-account)

Credit Account 719 - Revenue from Penalties (Detailed Sub-account)

(2b) If not yet receiving the Credit Notice from the State Treasury, record:

Debit Account 113 - Funds in Transit (corresponding sub-account)

Credit Account 111 - Cash (corresponding sub-account).

(2c) After recording the journal entry (2b), when receiving the Credit Notice from the State Treasury, record:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 113 - Funds in Transit (corresponding sub-account).

At the same time, record:

Debit Account 719 - Revenue from Penalties (Detailed Sub-account)

Credit Account 333 - Settlement with the State Budget (Detailed Sub-account)

At the same time, record:

Debit Account 319 - Administrative Violation Fine Settlement (corresponding detailed account)

Credit Account 719 - Revenue from Penalties (Detailed Sub-account)

8. Accounting for refunding excess tax payments and tax refunds due to overpayment

a) Refunding and tax refunds due to overpayment of dedicated tax collections

(1) Accounting for issuing a decision to refund excess tax payments

(1a) Based on the refund decision, reflect the amount of excess tax that must be refunded to the taxpayer, record:

Debit Account 716 - Tax Revenue (corresponding detailed account)

Credit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

(1b) At the same time, reflect the reduction in the amount already overpaid, red journal entry:

Debit Account 716- Tax Revenue (corresponding detailed account)

Credit Account 314 - Settlement with Tax Payers (Detailed Sub-account)

(2) Accounting for refunding tax from the state budget:

Based on the refund document from the state budget confirmed by the State Treasury, record:

(2a) In case of refunding the previous year's state budget:

Debit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

Credit Account 354- Adjustment to Reduce Revenue (corresponding detailed account).

At the same time, record:

Debit Account 354- Adjustment to Reduce Revenue (corresponding detailed account)

Credit Account 716 - Tax Revenue (Detailed Sub-account)

(2b) In case of refunding the current year's state budget

Debit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

Credit Account 354- Adjustment to Reduce Revenue (corresponding detailed account).

At the same time, record red journal entry:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 354- Adjustment to Reduce Revenue (corresponding detailed account).

At the same time, record red journal entry:

Debit Account 716- Tax Revenue (corresponding detailed account)

Credit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account).

b) Refunding and tax refunds due to overpayment of temporarily collected taxes

(1) Accounting for refunding temporarily collected taxes from the deposit account:

(1a) Issuing a refund decision: Based on the refund decision, reflect the amount of excess tax that must be refunded to the taxpayer, record:

Debit Account 715- Provisional Tax Revenue (corresponding detailed account)

Credit Account 335 - Overpaid Temporary Tax Refunds (Detailed Sub-account)

At the same time, reduce the overpaid amount with a red entry:

Debit Account 715- Provisional Tax Revenue (corresponding detailed account)

Credit Account 315 - Temporary Tax Receivables (Detailed Sub-account)

(1b) Refund from the deposit account, based on the authorized payment document confirmed by the State Treasury reflecting the refund of the overpaid amount to the taxpayer, record:

Debit Account 335 - Overpaid Temporary Tax Refunds (Detailed Sub-account)

Credit Account 112 - Deposits with State Treasury (corresponding sub-account).

(2) Accounting for issuing a decision to refund overpaid temporarily collected taxes from the state budget:

(2a) Based on the refund decision, reflect the amount of excess tax that must be refunded to the taxpayer, record:

Debit Account 715- Provisional Tax Revenue (corresponding detailed account)

Credit Account 336 - Overpaid Dedicated Tax and Other Tax Refunds (Detailed Sub-account)

(2b) At the same time, reduce the overpaid amount red journal entry:

Debit Account 715- Provisional Tax Revenue (corresponding detailed account)

Credit Account 315 - Temporary Tax Receivables (Detailed Sub-account)

(3) Accounting for refunding temporarily collected taxes from the state budget (from the previous year's state budget):

(3a) Based on the refund document from the state budget confirmed by the State Treasury, record:

Debit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

Credit Account 354- Adjustment to Reduce Revenue (corresponding detailed account).

(3b) At the same time, record:

Debit Account 354- Adjustment to Reduce Revenue (corresponding detailed account)

Credit Account 715 - Revenue from Temporary Taxes (Detailed Sub-account)

(4) Accounting for refunding temporarily collected taxes from the state budget (from the current year's state budget):

(4a) Based on the refund document from the state budget confirmed by the State Treasury, record:

Debit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

Credit Account 354- Adjustment to Reduce Revenue (corresponding detailed account).

(4b) At the same time, record red journal entry:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 354- Adjustment to Reduce Revenue (corresponding detailed account).

(4c) At the same time, record red journal entry:

Debit Account 715- Provisional Tax Revenue (corresponding detailed account)

Credit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account).

c) Refunding and tax refunds for cases where the tax obligation is in foreign currency and the taxpayer has paid in foreign currency

(1) Accounting for issuing a refund decision:

(1a) Based on the Refund Decision, reflect the amount of excess tax that must be refunded to the taxpayer at the exchange rate at the time of refund, record:

Debit Account 716 - Tax Revenue (corresponding detailed account)

Credit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

(1b) At the same time, reduce the overpaid amount to be refunded at the exchange rate at the time of payment red journal entry:

Debit Account 716- Tax Revenue (corresponding detailed account)

Credit Account 314 - Settlement with Tax Payers (Detailed Sub-account)

(2) Accounting for refunding taxes: Based on the refund document from the state budget confirmed by the State Treasury regarding the tax refund at the exchange rate at the time of refund, record:

(2a) In case of refunding the previous year's state budget

Debit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

Credit Account 354- Adjustment to Reduce Revenue (corresponding detailed account).

At the same time, record:

Debit Account 354- Adjustment to Reduce Revenue (corresponding detailed account)

Credit Account 716 - Tax Revenue (Detailed Sub-account)

(2b) In case of refunding the current year's state budget

Debit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

Credit Account 354- Adjustment to Reduce Revenue (corresponding detailed account).

At the same time adjust the overpaid amount at the exchange rate at the time of refund, record ầuRed entry:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 354- Adjustment to Reduce Revenue (corresponding detailed account).

At the same time transfer, record red journal entry:

Account 716 - Tax Revenue (Detailed Account Corresponding)

Credit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account).

9. Accounting for refunds of administrative violation fines and late payment penalties on administrative violation fines

a) Accounting for decisions to refund administrative violation fines and late payment penalties on administrative violation fines:

(1) In cases of refunding overpaid amounts: Based on the Decision to Refund Administrative Violation Fines and Late Payment Penalties on Administrative Violation Fines, reflect the amount that must be refunded to the taxpayer, record:

Debit Account 719 - Revenue from Penalties (Detailed Sub-account)

Credit Account 336 - Overpaid Dedicated Tax and Other Tax Refunds (Detailed Sub-account)

At the same time, reduce the amount already paid red journal entry:

Debit Account 719 - Revenue from Penalties (Detailed Sub-account)

Credit Account 319 - Administrative Violation Penalties Settlement (Detailed Sub-account)

(2) In cases of refund due to exemption or reduction of the fine amount or late payment penalty on the fine already paid:

(2a) Based on the decision to exempt or reduce, record the reduction of the amount to be paid, red journal entry:

Debit Account 319 - Administrative Violation Fine Settlement (corresponding detailed account)

Credit Account 719 - Revenue from Penalties (Detailed Sub-account)

(2b) Based on the Decision to Refund Administrative Violation Fines and Late Payment Penalties on Administrative Violation Fines, reflect the amount that must be refunded to the taxpayer, record:

Debit Account 719 - Revenue from Penalties (Detailed Sub-account)

Credit Account 336 - Overpaid Dedicated Tax and Other Tax Refunds (Detailed Sub-account)

At the same time, reduce the amount already paid red journal entry:

Debit Account 719 - Revenue from Penalties (Detailed Sub-account)

Credit Account 319 - Administrative Violation Penalties Settlement (Detailed Sub-account)

b) Accounting for the refund of administrative violation fines and late payment penalties on administrative violation fines from the state budget:

(1) In cases of refunding the previous year's state budget: Based on the tax refund voucher from the state budget for the amount the taxpayer has been refunded, which has been confirmed by the State Treasury, record:

Debit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

Credit Account 354- Adjustment to Reduce Revenue (corresponding detailed account).

At the same time, record:

Debit Account 354- Adjustment to Reduce Revenue (corresponding detailed account)

Credit Account 719 - Revenue from Penalties (Detailed Sub-account)

(2) In cases of refunding the current year's state budget: Based on the tax refund voucher from the state budget for the amount the taxpayer has been refunded, which has been confirmed by the State Treasury, record:

Debit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

Credit Account 354- Adjustment to Reduce Revenue (corresponding detailed account).

At the same time, record red journal entry:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 354- Adjustment to Reduce Revenue (corresponding detailed account).

At the same time, record red journal entry:

Debit Account 719 - Revenue from Penalties (Detailed Sub-account)

Credit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account).

c) In cases where customs authorities refund in cash, based on the cash payment voucher, record:

Debit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

Credit Account 111 - Cash (Detailed Account Corresponding).

10. Accounting for pending revenue awaiting confirmation of information

a) In cases where the State Treasury has recorded into the state budget but the customs authority does not have sufficient information to settle the debt for the taxpayer

(1) In cases where receiving data transmitted by the Bank or the State Treasury but the customs authority does not have sufficient information to settle the debt for the taxpayer, record:

(1a) Based on actual figures, record:

Debit Account 113 - Funds in Transit (corresponding sub-account)

Credit Account 338 - Other Payables (3389).

(1b) At the end of the day when receiving the Deposit Receipt Statement (Credit Notice) from the State Treasury, record:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 113 - Funds in Transit (corresponding sub-account).

(2) In cases at the end of the day when receiving the Deposit Receipt Statement (Credit Notice) from the State Treasury but lacking sufficient information for the customs authority to settle the debt for the taxpayer, record:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 338 - Other Payables (3389).

(3) After confirming sufficient information based on the National Budget Revenue Adjustment Notice or related documents, record:

(3a) Adjust discrepancies, red journal entry:

Debit Account 333 - Settlement of Revenue Payments to the State Budget (Detailed Account Corresponding) or

Credit Account 338 - Other Payables (3389).

(3b) Simultaneously record according to the tax collection procedures and other revenues.

b) In cases of mistakenly paying specialized taxes into the deposit account (provisional tax) of the customs authority at the State Treasury

(1) In cases where receiving data transmitted by the Bank or the State Treasury but the customs authority does not have sufficient information to settle the debt for the taxpayer, record:

(1a) Based on actual figures, record:

Debit Account 113 - Funds in Transit (corresponding sub-account)

Credit Account 338 - Accounts Payable (corresponding sub-account).

(1b) At the end of the day when receiving the Deposit Receipt Statement (Credit Notice) from the State Treasury, record:

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 113 - Funds in Transit (corresponding sub-account).

(2) In cases at the end of the day when receiving the Deposit Receipt Statement (Credit Notice) from the State Treasury but lacking sufficient information for the customs authority to settle the debt for the taxpayer, record:

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 338 - Other Payables (3389).

(3) After confirming sufficient information, based on the National Budget Revenue Adjustment Notice or related documents, record:

(3a)Red entry:

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 338 - Accounts Payable (corresponding sub-account).

(3b) Simultaneously record the collection of specialized taxes, settle the debt for the taxpayer, record:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 314 - Settlement with Tax Payers (Detailed Sub-account)

c) In cases of mistakenly paying provisional taxes into the state budget:

(1) In cases where receiving data transmitted by the State Treasury or the Bank but the customs authority does not have sufficient information to settle the debt for the taxpayer, record:

(1a) Based on actual figures, record:

Debit Account 113 - Funds in Transit (corresponding sub-account)

Credit Account 338 - Other Payables (Detailed Account Corresponding)

(1b) At the end of the day when receiving the Deposit Receipt Statement (Credit Notice) from the State Treasury, record:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 113 - Funds in Transit (corresponding sub-account).

(2) In cases at the end of the day when receiving the Deposit Receipt Statement (Credit Notice) from the State Treasury but lacking sufficient information for the customs authority to settle the debt for the taxpayer, record:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 338 - Accounts Payable (corresponding sub-account).

(3) After confirming sufficient information, based on the National Budget Revenue Adjustment Notice or related documents:

(3a) Red entry:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 338 - Accounts Payable (corresponding sub-account).

(3b) Simultaneously settle the debt for the taxpayer, record:

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 315 - Provisional Tax Receivable (Detailed Account Corresponding).

d) In cases of mistakenly paying to the wrong collecting agency:

(1) In cases where receiving data transmitted by the Bank but the customs authority does not have sufficient information to settle the debt for the taxpayer (1a) Based on actual figures, record:

Debit Account 113 - Funds in Transit (corresponding sub-account)

Credit Account 338 - Accounts Payable (corresponding sub-account).

(1b) At the end of the day when receiving the Deposit Receipt Statement (Credit Notice) from the State Treasury, record:

Debit Account 333 - Settlement of Revenue Payments to the State Budget (Detailed Account Corresponding) or

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 113 - Funds in Transit (corresponding sub-account).

(2) In cases at the end of the day when receiving the Deposit Receipt Statement (Credit Notice) from the State Treasury but lacking sufficient information for the customs authority to settle the debt for the taxpayer, record:

Debit Account 333 - Settlement of Revenue Payments to the State Budget (Detailed Account Corresponding) or

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 338 - Other Payables (Detailed Account Corresponding).

(3) After confirming sufficient information, based on the National Budget Revenue Adjustment Notice or related documents, reflect the transfer of revenue to another unit, red journal entry:

Debit Account 333 - Settlement of Revenue Payments to the State Budget (Detailed Account Corresponding) or

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 338 - Accounts Payable (corresponding sub-account).

11. Accounting for decisions to refund specialized taxes due to re-exported imported goods or re-imported exported goods

Based on the refund decision, reflect the amount of tax to be refunded to the taxpayer, record:

Debit Account 716 - Tax Revenue (corresponding detailed account)

Credit Account 336 - Taxes Due for Refund and Other Revenues (corresponding detailed account)

At the same time, reflect the reduction of the amount already paid by the taxpayer, record red entry:

Debit Account 716- Tax Revenue (corresponding detailed account)

Credit Account 314 - Settlement with Tax Payers (Detailed Sub-account)

At the same time, reflect the reduction of the amount to be paid by the taxpayer, record red journal entry: 

Debit Account 314 - Settlement with Taxpayers (Detailed Account Corresponding).

Credit Account 716 - Tax Revenue (Detailed Sub-account)

12. Accounting for the collection and payment of proceeds from the sale of surplus goods in monitored areas as follows

(1) In cases where the proceeds from the sale of surplus goods must be temporarily deposited into the Ministry of Finance's temporary account (the deposit account of the customs authority at the State Treasury authorized by the Ministry of Finance to manage):

(1a) When the buyer deposits the purchase price of surplus goods into the customs authority's deposit account (Ministry of Finance's temporary account) at the State Treasury, based on the Credit Notice from the State Treasury, record:

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 720 - Proceeds from Sales and Seized Goods (Detailed Account Corresponding)

(1b) When transferring funds for sales expenses to the budgetary unit, based on the payment order with confirmation from the State Treasury, record:

Debit Account 343 - Reciprocal Transactions with Budgetary Units

Credit Account 112 - Deposits at the State Treasury (Detailed Account Corresponding)

At the same time, transfer the proceeds, record:

Debit Account 720 - Proceeds from Sales and Seized Goods (Detailed Account Corresponding)

Credit Account 343 - Reciprocal Transactions with Budgetary Units

(1c) When transferring the proceeds from the sale of surplus goods to the state budget, based on the payment order with confirmation from the State Treasury, record:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 112 - Deposits at the State Treasury (Detailed Account Corresponding) At the same time, transfer the proceeds, record:

Debit Account 720 - Revenue from Confiscated Sales Proceeds (corresponding sub-account)

Credit Account 333 - Settlement with the State Budget (Detailed Sub-account)

(2) In cases where the proceeds from the sale of surplus goods must be temporarily deposited into the customs authority's temporary account:

(2a) When the buyer deposits the purchase price of surplus goods into the customs authority's deposit account at the State Treasury, based on the Credit Notice from the State Treasury, record:

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 338 - Other Payables (Detailed Account Corresponding)

(2b) When transferring funds for sales expenses to the budgetary unit, based on the payment order with confirmation from the State Treasury, record:

Debit Account 343 - Reciprocal Transactions with Budgetary Units

Credit Account 720 - Proceeds from Sales and Seized Goods (Detailed Account Corresponding)

At the same time, transfer the proceeds, record:

Debit Account 720 - Revenue from Confiscated Sales Proceeds (corresponding sub-account)

Credit Account 343 - Reciprocal Transactions with Budgetary Units

At the same time, settle the payable, record:

Debit Account 338 - Other Payables (Detailed Account Corresponding)

There is Account 112 - Treasury Deposits (corresponding detailed accounts)

(2c) When transferring proceeds from the sale of surplus inventory to the state budget, based on the payment order with confirmation from the State Treasury, record:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 720 - Proceeds from Sales and Seized Goods (Detailed Account Corresponding)

At the same time, transfer the proceeds, record:

Debit Account 720 - Revenue from Confiscated Sales Proceeds (corresponding sub-account)

Credit Account 333 - Settlement with the State Budget (Detailed Sub-account)

At the same time, liquidate the amount payable, record:

Debit Account 338 - Other Payables (Detailed Account Corresponding)

There is Account 112 - Treasury Deposits (corresponding detailed accounts)

(2d) In cases where the seller must return the sales proceeds to the buyer, based on the payment order with confirmation from the State Treasury, and the refund decision (if any) and related documents, record:

Debit Account 338 - Other Payables (Detailed Account Corresponding)

Credit Account 112 - Deposits with State Treasury (corresponding sub-account).

(3) In cases where the buyer deposits money for purchasing goods with the customs authority, record:

(3a) Reflect the amount received as a deposit by the customs authority, record:

Debit Account 111 - Cash (corresponding sub-account)

Debit Account 112 - Deposits with State Treasury (corresponding sub-account)

Credit Account 338 - Other Payables (Detailed Account Corresponding)

(3b) When the customs authority refunds the deposit, record:

Debit Account 338 - Other Payables (Detailed Account Corresponding)

There is Account 111 - Cash (corresponding detailed accounts)

Credit Account 112 - Deposits with State Treasury (corresponding sub-account).

13. Accounting for offsetting refund amounts against receivables

In cases where the recipient of a refund also has obligations to pay other revenues, when a refund and offset transaction occurs, based on the Refund Decision, refund documents, and offset documents confirmed by the State Treasury, proceed as follows:

a) Record the refund and revenue reversal (from the state budget or from the customs authority's deposit account) for the refunded amount.

b) Record the revenue transaction for the amount paid to the state budget from the refunded amount.

14. Accounting for exchange rate differences in cases where tax liabilities are denominated in foreign currency

a) In cases where exchange rate differences arise due to the exchange rate at the time of declaration being lower than the exchange rate at the time of tax payment to the State Treasury:

(1a) Based on the Customs Declaration, reflect the tax receivable from the taxpayer according to the exchange rate at the time of declaration, record:

Debit Account 314 - Settlement with Taxpayer (corresponding sub-account)

Credit Account 716 - Tax Revenue (Detailed Sub-account)

(1b) Based on the credit report from the State Treasury regarding the tax amount paid by the taxpayer to the state budget according to the exchange rate published by the Ministry of Finance at the time of payment, record:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

Credit Account 314 - Settlement with Tax Payers (Detailed Sub-account)

Simultaneously transfer the amount already paid to the state budget, record:

Debit Account 716- Tax Revenue (corresponding detailed account)

Credit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account).

Simultaneously, recognize the additional difference due to the exchange rate at the time of declaration being lower than the exchange rate at the time of payment to the State Treasury:

Debit Account 314 - Settlement with Taxpayer (corresponding sub-account)

There is Account 716 - Tax Revenue (corresponding detailed accounts), Record

b) In cases where exchange rate differences arise due to the exchange rate at the time of declaration being higher than the exchange rate at the time of tax payment to the State Treasury:

(2a) Based on the Customs Declaration, reflect the tax receivable from the taxpayer according to the exchange rate at the time of declaration, record:

Debit Account 314 - Settlement with Taxpayer (corresponding sub-account)

Credit Account 716 - Tax Revenue (Detailed Sub-account)

(2b) Based on the credit report from the State Treasury regarding the tax amount paid by the taxpayer to the state budget according to the exchange rate published by the Ministry of Finance at the time of payment, record:

Debit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account)

There is Account 314 - Settlement with Taxpayers (corresponding detailed accounts). Simultaneously transfer the amount already paid to the state budget, record:

Debit Account 716- Tax Revenue (corresponding detailed account)

Credit Account 333- Settlement for Revenue Submission to the Budget (corresponding detailed account).

Simultaneously, reduce the difference due to the exchange rate at the time of declaration being higher than the exchange rate at the time of payment to the State Treasury, red entry:

Debit Account 314 - Settlement with Taxpayer (corresponding sub-account)

Credit Account 716 - Tax Revenue (Detailed Sub-account)

Section 3

ACCOUNTING LEDGERS

Article 22. Accounting Books for Export and Import Tax Transactions

1. Accounting books are used to record, systematize, and retain all transactions arising from taxes and other revenues related to exported and imported goods at customs authorities. The accounting books include: General Ledger and Detailed Ledger.

2. Information recorded in the accounting books must fully, promptly, accurately, truthfully, continuously, and systematically reflect all taxes and other revenues related to exported and imported goods within each unit and throughout the entire customs system. The accounting department of the customs unit shall not leave out of the accounting books any tax, fee, or charge receivable, collected, or still receivable from taxpayers.

3. Accounting books are opened for each fiscal year period, designed using accounting software, and printed in accordance with the contents of the accounting books prescribed in this Circular. The accounting software must ensure that the figures in the accounting books match the initial reported information, the accounting methods prescribed, and the bookkeeping methods stipulated in this Circular.

4. The opening, closing, and correction of accounting books are carried out in accordance with the provisions of the Accounting Law and Decree No. 128/2004/NĐ-CP dated May 31, 2004 of the Government detailing and guiding the implementation of certain provisions of the Accounting Law applicable in the field of state accounting.

5. The list, templates, explanations of content, and methods of recording accounting books for export and import tax transactions are specified in Appendix No. 04 attached to this Circular.

Section 4

ACCOUNTING REPORT ON EXPORT AND IMPORT TAX TRANSACTIONS

Article 23. Requirements for preparing accounting reports on import and export tax operations

1. Accounting reports on import and export tax operations must be prepared according to the prescribed forms, reflecting all indicators specified for each type of report. The methods of compiling data and establishing indicators in the report must be uniformly implemented across the units' accounting operations for import and export taxes at customs offices, facilitating the consolidation, analysis, inspection, and verification of data.

The indicators in the report must ensure consistency, complementing each other systematically and continuously, serving the purpose of researching, analyzing, and evaluating the implementation of state budget revenue collection tasks and import and export tax collection activities. The data on the accounting reports on import and export tax operations must be accurate, truthful, objective, and must be compiled from accounting books after verification, reconciliation, and closing of accounts. Accounting reports on import and export tax operations must be prepared and submitted within the stipulated time frame and printed out to send complete reports to each receiving location.

2. The list, forms of reports, and explanations on how to prepare financial accounting reports on import and export tax operations are detailed in Appendix 05 attached to this Circular.

Article 24. Responsibilities of Units in Preparing and Submitting Accounting Reports on Import and Export Tax Operations

Customs Branches and equivalent units, local Customs Departments have the responsibility to prepare quick reports, monthly and annual accounting reports, and submit reports as required by higher-level management units; prepare reports to reconcile data with the State Treasury where transactions take place to coordinate inspections, verifications, and adjustments to accounting data related to state budget revenues.

The General Department of Customs has the responsibility to compile reports sent up by local Customs Departments and submit reports to the Ministry of Finance regarding the situation of state budget revenues from imported and exported goods as required, and send to the State Treasury for verification of accounting data related to state budget revenues of the entire sector.

Any adjustment of data in accounting reports on import and export tax operations must be carried out from the stage of preparing accounting vouchers to recording in accounting books, ensuring truthful reflection of all activities related to tax and other revenue collection operations for imported and exported goods at the unit.

Article 25. Time Limits for Preparing Accounting Reports on Import and Export Tax Operations

Accounting reports on import and export tax operations are prepared daily, according to monthly or annual accounting periods, or as required urgently as stipulated in this Circular.

Article 26. Time Limits for Submitting Accounting Reports on Import and Export Tax Operations

a) Quick reports:

Customs Branches at border gates and local Customs Departments must submit immediately after completing the quick report.

b) Monthly reports:

Customs Branches must prepare and submit reports to the local Customs Department within ten days from the end of the monthly reporting period.

Local Customs Departments must prepare and submit reports to the General Department of Customs within twelve days from the end of the monthly reporting period.

c) Annual reports:

Customs Branches at border gates must prepare and submit reports to local Customs Departments within twenty days after the end of the annual accounting period.

Local Customs Departments must prepare and submit reports to the General Department of Customs within thirty days after the end of the annual accounting period.

d) Other reports:

For reports prepared for specific cases or assigned tasks, they must be submitted according to the specific regulations of the General Department of Customs.

Chapter III

IMPLEMENTATION

Article 27. Effective Date

1. This Circular takes effect from January 1, 2015.

2. This Circular replaces Circular No. 32/2006/TT-BTC dated April 10, 2006, guiding accounting operations for import and export taxes and other revenues from imported and exported goods, and Circular No. 121/2007/TT-BTC dated October 17, 2007, amending and supplementing Circular No. 32/2006/TT-BTC dated April 10, 2006, issued by the Ministry of Finance on guiding accounting operations for import and export taxes and other revenues from imported and exported goods.

3. Abolish all guidelines related to accounting operations for import and export taxes and other revenues from imported and exported goods issued by the Ministry of Finance before the effective date of this Circular.

Article 28. Implementation Organization

1. The Director of the Accounting System and Audit Department, the General Director of the General Department of Customs, and the Heads of relevant units are responsible for guiding, inspecting, and implementing this Circular.

2. In case of difficulties during implementation, timely feedback should be provided to the Ministry of Finance for research and resolution./.