Page 67 - Bahrain Gov Annual Reports (III)_Neat
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CUSTOMS DEPARTMENT.
The revenue collected by the Customs Department from all sources, including boat and pearling
licenses, exceeded last year’s revenue by Rs. 1,45,000 and exceeded the amount which was anticipated
in the budget for 1360 by Rs. 2,19,000.
The higher revenue docs not represent an improvement in trade or a larger quantity of imports,
it is due to the higher prices of the goods which were imported. It is evident from the “ comparison
of principal commodities " that considerably less rice and flour, both staple foodstuffs, were imported
during 1361 than in 1360 but the value of rice and flour imported in 1361 was only very little less
than the value of the 1360 imports. Cotton piecegoods imported in 1361 were worth almost twice
the value of the 1360 imports but the quantity imported in 1361 was less than in 1360.
1361: Actual Receipts, compared with Budget Estimates.
Estimated
Budget Head. collections Actual Increase. Decrease.
1361. collections.
Rs. Rs. Rs. Rs.
Customs and Import Yard 6,80,000 9.05.891 2,25,891
Pearling Licenses 15.000 8,211 6,789
Craft Licenses 2,000 2,36r 361
Total 6,97.000 9.16,463 2,26,252 6,789
Rs.
Increase 2,26,252
Decrease .. . 6,789
Net Increase .. 2,19.463
Comparison of Differences.
Year. Customs Pearling Craft
Increase. Decrease. Increase.
Rs. Rs. Rs.
1360 .. . 1.06,964 7.856 228
1361 .. 2,26,252 6.789 361
Comparison of Actual Receipts.
Year. Year Increase. Decrease.
1360. 1361.
Rs. Rs. Rs. Rs.
Customs and Import Yard 7.56,964 9.05.891 1,48,927
Pearling Licenses 12,144 8,211 3.933
Craft Licenses 2,228 2,361 133
7.71.336 9.16,463 1,49,060 3.933
Rs.
Increase .. 1,49,060
Decrease .. 3.933
Net Increase I.45.I27
A large decrease in receipts from Pearling Licenses was due to the Government having reduced
the fees by half in order to assist the diving industry.