Net customs revenue amounted to 40.56 billion dirhams (MMDH) for the first half of 2023, down 2.7% compared to the same period a year earlier, according to the General Treasury of the Kingdom (TGR) .
These net customs revenues, which come from customs duties, value added tax (VAT) on imports and the domestic consumption tax (TIC) on energy products, take into account refunds, rebates and tax refunds of 34 million dirhams (MDH) at the end of June 2023 against 161 MDH a year earlier, indicates the TGR in its recent monthly public finance statistics bulletin (BMSFP).
Revenue net of customs duties reached 6.99 billion dirhams, up 3.1% compared to the end of June 2022.
Net revenue from import VAT stood at nearly 25.85 billion dirhams for the first half of this year, down 4%.
Net revenue from ICT on energy products, meanwhile, fell by 3.2% to 7.72 billion dirhams, taking into account reimbursements, tax relief and refunds of 19 million dirhams at the end of June 2023.
Gross customs revenue was 40.597 billion dirhams at the end of June 2023 against 41.844 billion dirhams a year earlier, down 3% from their level at the end of June 2022.