13 minutes agoTwo percent more money this year for customs than years
Periskopi(8 years ago)
(8 years ago)Kosovo customs during the January-March 2018 period has reached an estimated 212m euros, or two per cent more, compared to the same period in 2017. During this period, the impact on import revenues has been on fiscal policies that have entered into force on January 1, 2018, [...]
During this period, the impact on import revenues has been on fiscal policies that have entered into force on January 1st 2018, favouring tax cuts in certain categories, such as stimulating economic development, the KP writes.
For this quarter the value of goods that have been released from import taxes is 55m euros, and tax impact has been 12.6m euros only from releases for raw materials and inputs used in the process of production, where compared to last year's quarter of import tax releases have marked an increase of 116%.
According to the Kosovo Customs, the other category that has affected the inflow is the SAA, where, along this period, the impact from the SAA is around 8.8m euros, or about 41.6% more than the same period last year.
Also, the effect of the decision to limit cars to import by up to 10 years has contributed to the decline in imports of cars used for 46%, and the negative effect on income for just 3 months on the import category of used cars is 4m euros.
In terms of exports, in quantity it has scored a drop of 15.63%, while in value marks growth of 2.59% compared to the same period in the preceding year.
