In a report to the Minister of Finance:

LE 13.5 billion Customs Revenues till middle of current May.

Automotive companies acquire 9 places in the top 10 list of Customs dealers

General Egyptian ...

  In a report to the Minister of Finance: LE 13.5 billion Customs Revenues till middle of current May. Automotive companies acquire 9 places in the top 10 list of Customs dealers General Egyptian Petroleum Corporation (EGPC) is one of the largest Customs Duties payers in Egypt, with LE 431 million. Defeat 637 attempts of Customs Duties Evasion amounting LE 178 million. LE 380 million duties on Tobacco imports and LE 485 million proceeds of export duty. Collecting LE 100 million fines and revenues of selling Customs Seizures. Dr. Fayad Abdel-Moneim, Minister of Finance, received a report from Mr. Fouad Al-Khabati, Head of Customs Authority, regarding the Authority’s  performance during the period from first of July, 2012 till middle of current May, the report revealed that Customs Duties revenues increased to LE 13.533 billion, about 65% of total targeted allocation in current fiscal year budget amounted to LE 20.7 billion. Mr. Fouad Al-Khabati mentioned that  the Authority proceeds include collecting LE 12.5 billion Customs Duties on Egyptian imports of different commodities and goods, LE 485 million tax on some products on which export duty is imposed, LE 380 million valued tax on tobacco imports, LE 87.8 million fines collected during this period, and LE 16.4 million revenues of selling customs seizures. He added that Customs Authority implements a tight control plan  on Customs Outlets in order to limit smuggling operations, protecting national industry and preserving Public Treasury rights. He mentioned that the Central Department of Anti-Customs Evasion succeeded in holding 637 evasion case, whereas customs duties reached about LE 178.8 million from which LE 14.89 million are paid. He said that the Authority collected also duties from provisional release system on imported goods, products, and cars during the first four months of this current year, an amount of LE 188.370 million from which LE 145.3 million as provisional duties on goods and LE 42.987 million on cars. He added that last March was the highest month regarding proceeds of provisional duties, as it collected LE 135.9 million, from which LE 122.8 million on goods, and LE 13 million on cars, while February was considered the least month, with LE 14.9 million from which LE 12.4 million on cars, and LE 2.5 million on goods. Al-khabati revealed that the General Egyptian Petroleum Corporation (EGPC) comes at the top of the 10 dealers list with Customs during the first four months of the current year, whereas it paid LE 431 million customs duties, while Automotive sector acquires the other 9 positions; as Mantra Automobile was at the second place and paid LE 149 million, at the third place was Toyota Egypt which paid LE 140 million, Egyptian International Motors at the fourth place and paid LE 131 million, at the fifth place was Diamond Motors which paid LE 119 million, International Company for Trade & Marketing at the sixth place and paid LE 113 million, following Nissan Egypt which paid LE 49 million, then General Motors Egypt which paid LE 44 million, and Al-Mansour International for Distribution which paid LE 43 million, finally at the tenth place Al-Habib for Trading which paid LE 40 million.