The revenue for July 2014 has not decreased

The revenue collected in July 2014 is not lower than the forecasted amount. The amount received was more than what was collected in July 2013.

Deadlines that usually fall on the last week of July were delayed to 3 August due to Eid holidays. As such, some of the forecasted amount for July was received on 3 August. The amount collected in August was not included in the July revenue report published by MIRA.

MIRA collected a total of Rufiyaa 312 million as GST for June 2014 and second quarter of 2014. Rufiyaa 170 million of this was received in August 2014. The total amount received is 13.4% more than what was collected in July 2013. Rufiyaa 169 million of the total received was as T-GST and this is 23.8% more than the corresponding period in 2013. Rufiyaa 143.7 million was received as G-GST, an amount that is 3.3% more than the corresponding period in 2013.

Furthermore, a total of Rufiyaa 831 million was collected as BPT. This is 39.8% more than what was collected in July 2013.

16 Aug 14