Government revenue from import duties, fees and charges increase in 2014
Government revenue from import duties, fees and charges increased 22% in 2014 compared to the previous year, the Maldives Customs Service has revealed. While customs collected a total of MVR1.96 billion during the year, the total C.I.F (cost, insurance and freight) value of goods imported in 2014 was MVR30.7 billion – a 15% rise or MVR4 billion higher than 2014.
