Customs revenue increases by 18.6% in 2022

Net customs revenue amounted to 84.04 billion dirhams (MMDH) at the end of December 2022, up 18.6% compared to the same period a year earlier, according to the General Treasury of the Kingdom (TGR).

These receipts take into account tax refunds, rebates and refunds of 239 million dirhams (MDH), specifies the TGR in its recent monthly bulletin of public finance statistics (BMSFP), noting that gross customs receipts increased by 18.7% at 84 billion dirhams.

In detail, net revenue from customs duties reached more than 13.8 billion dirhams, up 16.7%, while net revenue from value added tax (VAT) on imports rose. from 28.5% to 54.44 billion dirhams. In addition, VAT on energy products increased by 73.9% and that on other products by 19.3%.

Regarding the net receipts of the domestic consumption tax (TIC) on energy products, they fell by 5.4% to 15.79 billion dirhams and this, taking into account refunds, tax relief and refunds of 172 million dirhams.

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