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.
