Iran predicts $890 million revenue from custom duties

Business Materials 13 July 2011 16:34 (UTC +04:00)

Azerbaijan, Baku, July 13 /Trend/

Iran's revenue from customs taxes will reach $980 million in the current solar year, the Fars News Agency reported quoting head of Islamic Republic of Iran's Custom Admiration Abbas Memarnejad as saying.

"The custom revenue value is predicted $890 million on budget bill for current year," he said.

Memarnejad urged that the Iranian Custom Admiration received $136 million revenue from VAT last solar year, but he did not give the details of predicted revenue from VAT in the current year.