Page 67 - Bahrain Gov Annual Reports (III)_Neat
P. 67

49
                             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.
   62   63   64   65   66   67   68   69   70   71   72