Fine Ninh Binh Phosphate Fertilizer for using illegal invoices

Lục Giang |

On December 19, the Ninh Binh Provincial Tax Department issued a decision to impose a fine on Ninh Binh Phosphate Fertilizer Joint Stock Company (NIFERCO, HNX: NFC).

Accordingly, NIFERCO was fined more than 7 million VND for using illegal invoices to declare taxes, reducing the amount of corporate income tax payable in 2022. Regarding the remedy, Ninh Binh Phosphate Fertilizer was forced to pay the full amount of outstanding tax of more than 4.7 million VND.

Thus, the total amount of fines and arrears for NIFERCO's violations is more than 11.7 million VND. The company must pay this amount within 10 days of receiving the penalty decision. If it fails to comply, the company will be forced to execute the administrative decision according to the provisions of law.

NIFERCO was established in 1977, is one of the largest phosphate fertilizer producers in Vietnam and is a member of Vietnam Chemical Group (Vinachem), Vinachem holds over 50% of charter capital at NIFERCO.

Lục Giang
RELATED NEWS

Nghe An fines businesses for violating labor safety

|

Nghe An - For violating labor safety, a business producing superfine white stone powder and porcelain enamel coating was fined 87 million VND.

Ninh Binh Phosphate Fertilizer Joint Stock Company worker died while repairing machine

|

Ninh Binh - A serious work accident just occurred at Ninh Binh Phosphate Fertilizer Joint Stock Company, causing the death of one worker.

Deadline for resolving benefits for thousands of non-specialized commune-level personnel

|

Localities will complete the settlement of regimes for non-specialized people at the commune level before the deadline, some localities have additional support policies.

Traffic lights at many Hanoi intersections will only flash yellow in the coming days

|

Hanoi - From the night of May 23, many streets were barricaded to serve the construction of flood prevention projects, traffic police adjusted traffic lights to flash yellow at some intersections.

Time when gunshots rang near the White House

|

2 people were injured after a shooting near the White House on the evening of May 23, local time.

Me So bridge accelerates construction, completing key items

|

Hanoi - The Me So bridge project is being accelerated by contractors to ensure the goal of completing the items before the 2026 rainy and storm season.

Nghe An fines businesses for violating labor safety

QUANG ĐẠI |

Nghe An - For violating labor safety, a business producing superfine white stone powder and porcelain enamel coating was fined 87 million VND.

Dự án điện gió chưa có giấy phép môi trường sẽ bị xử phạt

HƯNG THƠ |

Quảng Trị - Tỉnh Quảng Trị đã nhiều lần yêu cầu các dự án điện gió lập hồ sơ đề nghị cấp giấy phép môi trường, nhưng một số dự án chưa thực hiện.

Ninh Binh Phosphate Fertilizer Joint Stock Company worker died while repairing machine

NGUYỄN TRƯỜNG |

Ninh Binh - A serious work accident just occurred at Ninh Binh Phosphate Fertilizer Joint Stock Company, causing the death of one worker.