Thursday, January 26, 2012

Record RM30.4bil collection by Customs last year

The Customs Department made a record collection of RM30.4bil last year, the highest amount it ever collected for the country.

Its director-general Datuk Seri Mohamed Khalid Yusuf said the previous highest collection was in 2008 with RM28.6bil, adding last year's revenue was RM2.05bil (or 7.24%) more than 2010.

“We are proud of this achievement and together with the help of the public and corporate citizens, we aim to collect more revenue for the government so that it can continue with the nation building process,” he said at the national level World Customs Day celebration.

Present at the event was Second Finance Minister Datuk Seri Ahmad Husni Hanadzalah.

Khalid said the five top most contributor to the revenue collection were domestic excise duty (RM8.40bil), domestic sales tax (RM5bil), service tax (RM4.9bil), sales tax (import) (RM3.5bil) and excise duty for imported goods (RM3.1bil).

He added that the top five commodity which contributed to the revenue last year were vehicles (RM10.6bil), cigarettes (RM3.4bil), crude oil (RM2bil), liquor (RM1.66bil) and telecommunications (RM1.25bil).

“In 2011, our enforcement division seized contraband and prohibited goods worth RM524.9mil and the amount we have managed to save in unpaid taxes was RM471mil,” he said.

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