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Iran’s customs revenue up $1B

Business Materials 29 August 2015 15:22 (UTC +04:00)

Baku, Azerbaijan, August 29

By Khalid Kazimov -- Trend:

Iran's customs revenues have increased by 31 trillion rials (about $1 billion for 29,900 rials making 1 USD), Director General of Iran's Customs Administration Masoud Karbasian said.

He explained the rise comes as the result of using electronic information management systems in customs affairs, Mehr news agency reported August 29.

He added that in the first five months of the current Iranian fiscal year (since March 21), customs revenues rose five percent compared to the preceding year the same period.

Sixty-eight percent of the target revenue has been materialized, he said.

According to the official, the Customs Administration had been required to deposit 104 trillion rials with the Treasury, whereas it has deposited 135 trillion rials due to the hike in revenues.

He counted the rise on account of the fact that revenues are being transferred through the official venue.

The Customs Administration has recently bought 13 X-ray sets of equipment worth over 160 billion rials and they have been installed at border crossing customhouses.

The Customs Administration has reduced export time from seven days to one.

In the first five months of the current Iranian fiscal year, 38.9 million metric tons of goods worth 48.8 trillion rials were exported from Iran, with a rise of 5.53 percent compared to the same period of the preceding years, the official said.

Also, 13.9 billion metric tons of goods worth 48.5 trillion rials were imported during the same period, showing 9.37 percent decrease in value, he added.

Karbasian further said that China, Iraq, the UAE, India, Afghanistan, Turkey, Turkmenistan, Pakistan, and Italy were the main destinations for exported Iranian goods during the period.

Iran's foreign transit during the same time hit 5971 metric tons worth $13.496 million, showing 11.98 percent rise in weight and 0.79 rise in value compared to the same period the preceding year, he underlined.

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