Net customs revenues amounted to more than 51 billion dirhams in the first nine months of 2021, up 25.4% compared to the same period a year earlier, according to the Kingdom’s General Treasury.
These receipts, which come from customs duties, value added tax on imports and domestic consumption tax on energy products, take into account refunds, rebates and tax refunds of MAD 83 million at the end of September 2021, the TGR said in its recent monthly bulletin of public finance statistics.
This bulletin also points out that the net receipts of customs duties realized at the end of September 2021 reached MAD 8.58 billion, showing an increase of 31.5%, taking into account refunds, rebates and tax restitutions of MAD 17 million.
Net revenues from import VAT amounted to MAD 30.62 billion, up 24.9%, with refunds of import VAT of MAD 5 million.
For their part, net revenues of the ICT on energy products exceeded MAD 12.18 billion, up 22.7% compared to their level at the end of September 2020, taking into account refunds, rebates and tax refunds of MAD 59 million.
Gross customs revenues amounted to MAD 51.46 billion in the first nine months of this year, up by 25.4% compared to their level at the end of September 2020.
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