Stay updated with breaking news from Kun Nhim. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Tax collection on imported vehicles which use various illegal number plates is an important source of income, and contributes almost half of the total revenue collected by the General Department of Customs and Excise (GDCE).
Tax collection on imported vehicles which use various illegal number plates is an important source of income, and contributes almost half of the total revenue collected by the General Department of Customs and Excise(GDCE).
In a bid to increase the efficiency of collecting import taxes and value-added tax (VAT) on the remaining unpaid vehicles in the country, the General Department of Customs and Excise (GDCE) has advised the heads of all branches and bureaus to extend their office hours.
The General Department of Customs and Excise (GDCE) reported that in a period of 10 months, it had collected more than $70 million unpaid tax on vehicles. GDCE director-general Kun Nhim said at a July 7 press conference that the tax collection campaign had achieved good results thanks to the support of the country’s armed forces.
The General Department of Customs and Excise of Cambodia (GDCE) reported that it collected 9.2957 trillion riel ($2.295 billion) in revenue last year, down by 5.1 per cent from $2.419 billion in 2020.