Customs Dept breaks revenue record with RM30bil last year
27 January 2012
PETALING JAYA: The Customs
Department broke its revenue collection record with RM30.4bil last year, the
highest ever.
Its director-general Datuk Seri
Mohamed Khalid Yusuf said the previous highest collection was in 2008 with
RM28.6bil.
Last year’s collection was
RM2.05bil or 7.24% more than what was collected in 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
contributors to the revenue collection were domestic excise duty (RM8.40bil),
domestic sales tax (RM5bil), service tax (RM4.9bil), import sales tax
(RM3.5bil) and excise duty for imported goods (RM3.1bil).
He added thst the top five
commodities, which contributed to the department’s revenue collection last year
were vehicles (RM10.6bil), cigarettes (RM3.4bil), crude oil (RM2bil), liquor
(RM1.66bil) and telecommunication products (RM1.25bil).
“In 2011, our enforcement
division seized contraband worth RM524.9mil and the amount we have managed to
save in unpaid taxes was RM471mil,” he said.
Khalid said the department, which
is an active member of the World Customs Organisation, had a close working
relationship with its counterparts from other countries as well as local
agencies and the private sector to facilitate trade and ensure safety of the
supply chain.
He said the department was also
involved in the free trade agreement (FTA) discussions Malaysia had with other
nations, adding that current FTA talks were with Turkey, Australia, European
Union and Organisation of Islamic Conference (OIC) member countries, among
others.
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