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MoF targets petrol smugglers

Update: March, 05/2013 - 00:00

HCM CITY (VNS) — The Ministry of Finance has asked Tax and Customs offices in all provinces to prevent the smuggling of petrol by beefing up their patrols and inspections.

Sales of large amounts of petrol products to customers who fail to declare the purpose of their purchases have been banned.

Customs divisions will conduct round-the-clock patrols in areas that share borders with neighboring countries, while tax divisions, in coordination with related agencies, will check wholesalers, agents and traders of petrol products for sale invoices.

Domestic petrol retail prices are now much lower than those in bordering countries. Last week, the Ministry of Finance asked petrol traders to keep retail prices unchanged. —VNS

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