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Customs revenues in first 10 months hit USD1.305bn

04 December 2012

BEIRUT: Figures released by the Higher Customs Council indicate that customs revenues reached $1.305 billion in the first 10 months of 2012, up by 3.2 percent from $1.264 billion posted in the same period of 2011. Revenues from the value-added tax were at $1.229 billion in the aforementioned period of 2012, slightly down by 1.8 percent relative to $1.252 billion recorded over the same period of last year. Overall customs receipts reached $2.534 billion in the first 10 months of 2012, slightly up by 0.7 percent from $2.516 billion posted in the same period of 2012. The Port of Beirut accounted for 83.8 percent of the total, followed by Rafik Hariri International Airport with 8.3 percent, the Port of Tripoli with 3.5 percent and the Masnaa crossing point with 3.3 percent of the total. 

© Copyright The Daily Star 2012.

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