Customs Administration: Revenue collection growth of 8,14 percent achieved

It is stated that compared to the budget revenue plan, 7,06 million euros more was collected from VAT on imports.

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Photo: Customs Administration
Photo: Customs Administration
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The total collection of customs revenues from January to May amounted to 520,6 million euros, which is 39,17 million euros or 8,14 percent more than in the same period last year.

The Customs Administration announced that, compared to the plan estimate, gross revenues were higher by 19,77 million euros, or 3,95 percent.

"According to the structure of collected revenues, value added tax (VAT) on imports was collected in the amount of 349,06 million euros, which is 25,04 million, or 7,73 percent, more than in the previous year," the statement said.

It is stated that compared to the budget revenue plan, 7,06 million euros more was collected from VAT on imports.

"Excise tax collection amounted to 144,11 million euros, which is 10,18 million or 7,61 percent more than the previous year. Compared to the budget revenue plan, gross excise tax collection is 9,4 million euros higher, or 6,99 percent," the statement added.

The Administration said that the collected customs duties amounted to 26,3 million euros, which is an increase of 3,87 million or 17,27 percent.

"Compared to the budget revenue plan, on this basis, 3,25 million euros or 14,10 percent more was collected, while the collection of coffee tax amounted to 1,05 million euros, and other revenues were collected in the amount of 106.046 euros," said the Customs Administration.

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