TIRANA, Aug 18 /ATA/ The revenues in customs duty collections during the first 7 months of this year amounted to ALL 102 bn, hitting an all time high.
According to data from the Customs Administration, customs collections increased 24% or ALL 19.7 bn as compared to the 7-month period last year.
Meanwhile this year’s indicator increased 10.4% as compared to the corresponding period of 2019.
The highest cumulative revenues for the period January-July 2021 come from Customs Tax that generated 642 million ALL more; excise tax which generated ALL 4.2 million more, which is generally attributed to increase in imports by ALL 2.4 billion, increase in imports of tobacco by ALL 1.4 billion, of beer by about ALL 111 million; of VAT collections by about ALL 14.6 billion and mining royalty collections by ALL 327 million.
Revenues have grown at a record level for the 7 months 2021 due to increased domestic demand and economic growth, good management of customs administration, simplified export procedures and effective supervision of imports, digitalization and 24/7 service to citizens and business at every customs point. /j.p/sm/
