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The Minister of Finance: Customs proceeds rise up to 14 billion pounds by the end of May


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News Date: 6/26/2013 12:00 AM  The Minister of Finance: Customs proceeds rise up to 14 billion pounds by the end of May 
 

The Minister of Finance: Customs proceeds rise up to 14 billion pounds by the end of May

2.2 billion pounds sales tax on last month imports and 220 million pounds export duty

392 million pounds tobacco tax proceeds.. and 111 million pounds from fines and seizures

Defeat attempts to smuggle 148 kilogram of heroin, 1.8 Ton stimulants  and 13 kilo silver works

 

Dr. Fayyad  Abd el Moniem – the Minister of Finance announced that the customs proceeds rise during the first eleven month of  fiscal year 2012/2013 up to 14.125 billion pounds, of which 1.19 billion  pounds last May, beside the collection of 2.243 billion pounds as sales taxes on import only last month.

He said that the proceeds include 507  million pounds as export duty proceed imposed on exports of some commodities and raw materials including 218.9 million pounds export duty only for last May, 12.7 million pounds dumping fees of about 392.7 million pounds tax on tobacco products  and 111 million from fines and seizures, but the proceeds of customs duty on imports of goods and commodities were valued at 13.140 billion pounds

The head of Customs authority,Fouad Al Khabaty, confirmedthat the fourth week of May witnessed the highest customs duties during the month , as it achieved 312.8 million pounds , then the third week achieved  306 million pounds , then the second week achieved 238 million pounds and finally the first week achieved 164 million pounds .

On the other hand, a report presented to the Minister OF Finance on the success of the anti – customs evasion devices in defeating attempts to smuggle prohibited goods of weapons ,drugs and  stimulants.

Al-Khabati mentioned that control devices had succeeded last Monday in frustrating 2 attempts; the first was in Salloum Customs whereas 18 pieces of automatic weapons, an amount of hashish, and a sum of money $5700 dollarswere confiscated, second one was at cargo village, Nozha airport in Alexandria, as an amount of stimulants hidden in 6 packages weighted 1.8 tons imported to an embassy, has been confiscated.

He added that control devices during last week confiscated several drug traffic operations  in many Egyptian ports, total quantity of 148.5 kg valued at nearly 150 million EGP; one of them was at Taba port for 135 kg brought by someone who has Israeli nationality, another one was at Borg Al-Arab airport for 3 kg brought by a passenger has an Omani nationality coming from Dubai, at Cairo airport there was another drug traffic operation for 7 kg of pure heroin with a Tanzanian passenger and 2.7 kg of heroin with an Ethiopian passenger and 830 g of heroin with a Kenyan passenger, in addition to anEthiopian passenger tried to traffic 3 kg of khat and a quarter kilo of hashish hidden in chocolate box with an Egyptian passenger coming from Milan.

The Minister cleared that control devices also frustrated attempts to smuggle 13 kg of silver works at Cairo International Airport with Syrian passenger coming from Istanbul and 10.203 bottles of analgesic drug with an Egyptian passenger coming from Jeddah, 440 computer chips and 850 drug  bottles for HIV disease and cancer.

Browse alsoMinister of Finance: Keen to face any financial corruption and referring any deviation to judgment
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The Minister of Finance: Customs proceeds rise up to 14 billion pounds by the end of May