Customs revenue exceeds 20.68 billion dirhams at the end of March 2024


Net customs revenue stood at more than 20.68 billion dirhams (MMDH) during the first three months of 2024, up 1.8% compared to the same period a year earlier, according to the General Treasury of the Kingdom (TGR).

These revenues, which come from customs duties, Value Added Tax (VAT) on imports and the Internal Consumption Tax (TIC) on energy products, take into account tax refunds, reliefs and restitutions of 28 million dirhams (MDH) at the end of last March, indicates the TGR in its recent monthly bulletin of public finance statistics.

At retail, net revenue from customs duties increased by 7% to 3.8 billion dirhams, while those from import VAT fell by 0.6% to 12.78 billion dirhams. Concerning net revenues from ICT on energy products, they increased by 5.1% to 4.09 billion dirhams, taking into account reimbursements, reliefs and tax refunds of 22 million dirhams.

Gross customs revenue reached MAD 20.7 billion, up 1.9% compared to their level at the end of March 2023.

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