Customs revenue at more than 76 billion dirhams at the end of November

Net customs revenue stood at more than 76.81 billion dirhams (MMDH) at the end of November 2022, up 21.4% compared to the same period a year earlier, according to the General Treasury of the Kingdom (TGR) .

These receipts, which include customs duties, value added tax (VAT) on imports and the domestic consumption tax (TIC) on energy products, take into account tax reimbursements, reliefs and refunds of 221 million dirhams (MDH), specifies the TGR in its monthly public finance statistics bulletin (BMSFP) of November, noting that gross customs revenue increased by 21.5% to 77.03 billion dirhams.

At retail, net revenue from customs duties at the end of November 2022 reached 12.74 billion dirhams, up 21.7%, while net revenue from import VAT stood at 49.66 billion. MMDH, recording an increase of 31.6%.

VAT on energy products increased by 81% and that on other products an increase of 21.6%, adds the TGR.

With regard to net revenue from ICT on energy products, they reached 14.40 billion dirhams (-4.5%), taking into account refunds, tax relief and refunds of 161 million dirhams.

Gross revenue from ICT on energy products was 14.56 billion dirhams against 15.14 billion dirhams, down 3.9% compared to their level at the end of November 2021.

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