Ministry of Commerce & Industry

Revenue Generated through Export and Import

Posted On: 24 JUL 2019  by PIB Delhi

Details of revenue generated from the customs duty (net collection from import & export) during last ten years from 2009-10 to 2018-19 is as follows:

(In Rs. in Crore)
Sr. No: Years Customs Duty  (Net) Import & Export % Change IGST+  Compensation Cess (Net) from Imports % Change
1 2009-10 83,324 Not Applicable (As GST has been introduced w.e.f. 1st July, 2017.
2 2010-11 1,35,813 63.0
3 2011-12 1,49,328 10.0
4 2012-13 1,65,346 10.7
5 2013-14 1,72,085 4.1
6 2014-15 1,88,016 9.3
7 2015-16 2,10,338 11.9
8 2016-17 2,25,370 7.1
9 2017-18 1,29,030 -42.7 2,00,650
10 2018-19 (P) 1,17,911 -8.6 3,03,814 51.4

Note: The Customs (CVD&SAD) has been subsumed under GST w.e.f. 1st July, 2017.

Source:  Receipts Budget, PrCCA, CBIC, (P)=Provisional

The revenue generated from customs duty has an increasing trend from 2009-10 to 2016-17. As the customs (CVD & SAD) has been subsumed under GST from 1st July 2017, the customs duty collection has declined in 2017-18 and 2018-19 while the revenue generated from IGST+ Compensation Cess (Net) from imports has substantially increased in past two years.

This information was given by the Union Minister of Commerce and Industry, Piyush Goyal, in a written reply in the Lok Sabha today.

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