In July, the Customs Administration achieved a 17 percent increase in revenue collection compared to the same period last year

The realized gross collection amounted to 130 million euros

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Illustration, Photo: Shutterstock
Illustration, Photo: Shutterstock
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

In July, the Customs Administration achieved a 17 percent increase in revenue collection compared to the same period last year, the institution announced.

"The Customs Administration aims to provide efficient revenue collection, which significantly contributes to the increase of total budget revenues with the application of strong fiscal policy measures. In July 2024, a good trend of customs revenue collection was achieved," the announcement reads.

As announced, the realized gross collection amounted to 130 million euros, which resulted in an increase in income of 19 million euros, or 17 percent more compared to the same period of the previous year, while the income plan for July 2024 was exceeded by nine million euros. or seven percent.

"According to the structure of the collected revenues, an increase in revenue collection was achieved for all types of duties. The most significant revenue growth was achieved on the basis of VAT on imports, which was collected in the amount of 88 million euros, which is 2023 more than in July 17. million euros, or 24 percent. Based on the excise tax, the gross collection was in the amount of 35,6 million euros, while the collection based on customs amounted to 273 thousand euros, and the other revenues were collected in in the amount of 13 thousand euros", said the Customs Administration.

"Total collection of customs revenues for the period January - July 2024 amounted to 723.085.984,36 euros, which is 58.436.860,67 euros or nine percent more than the same period last year," the statement concludes.

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