The General Treasury of the Kingdom reported that net customs revenues exceeded 68 billion dirhams as of the end of September 2024, reflecting a 14.2% increase compared to the same period last year.
In its monthly bulletin on public finance statistics, the General Treasury highlighted that these revenues are derived from customs duties, the value-added tax (VAT) on imports, and the domestic consumption tax on energy products. These figures take into account refunds, exemptions, and tax credits amounting to 91 million dirhams as of the end of September 2024, compared to 54 million dirhams a year earlier.
The net customs revenues surpassed 11.81 billion dirhams, marking an 11.8% rise compared to the end of September 2023. Net revenues from VAT on imports increased by 14.1% to reach 42.69 billion dirhams.
Regarding the domestic consumption tax revenues applied to energy products, they amounted to nearly 13.50 billion dirhams, showing an improvement of 16.6% compared to their level at the end of September 2023, considering tax deductions, exemptions, and refunds totaling 49 million dirhams.
