Baku, Azerbaijan, Nov. 20
By Fatih Karimov – Trend:
The revenues of Iranian Customs Administration (IRICA) have registered a three-fold increase, thanks to the implementation of a new smart system for following up customs procedures.
In the past three years, IRICA has conducted major reforms to improve its services and reduce the time for customs procedures, to increase its revenues.
The IRICA has also replaced a number of customs documentations with electronic ones to create a more efficient control over the clearance procedures.
Since 2016, IRICA introduced its new E-Customs Services, a smart system namely “Comprehensive Customs System,” which includes registration and control of all needed documentations such as bill of lading, declaration of export/Import, Import General Manifest(IGM), Warehouse Receipt, and etc.
The system includes e-manifest, e-factor, electronic balancing, e-declaration, e-bill, certificate of origin, e-permits of other governmental organizations, etc.
According to the statement from IRICA, its revenues have tripled in the last fiscal year (ended March 2017) to 330 trillion rials (each USD makes 35,000 rials). It is while the country’s overall imports was less than in the preceding year.
According to the report, the revenue of Iranian customs has reached about 160 trillion rials during the first half of the current fiscal year, 37 percent more year on year.
Iran imported 17.195 million tons of goods, worth $23.595 billion, during the first half of the current fiscal year (started March 20, 2017), a 15.37-percent increase in terms of value compared to the same period of the preceding year.
Iran’s non-oil trade turnover increased by 6 percent to $44.139 billion during the 6-month period, meanwhile the country experienced a negative trade balance of $3 billion.
