RI'S EXCISE RECEIPTS REACH 61.8 PCT OF 2008 TARGET

Jakarta, Aug 4 (ANTARA) - Indonesia's annual receipts from excises up to last July 31 reached Rp28.25 trillion accounting for 61.8 percent of the target of Rp45.72 trillion set in the revised 2008 state budget.

Import duty receipts stood at Rp12.33 trillion or 77.93 percent of the target of Rp15.82 trillion for 2008, the directorate general of customs and excises said in an online report on Monday.

Export duty revenues were recorded at Rp10.27 trillion or 92.06 percent of the target of Rp11.16 trillion for this year, it said.

Therefore, the state revenues collected by the directorate general by July 31, 2008 reached Rp50.85 trillion out of the target of Rp74.70 trillion pursuant to Law No.16/2008 on the revised 2008 state budget.

Earlier, the Directorate General of Customs and Excise said it collected state revenues totaling Rp42.36 trillion in the first half of 2008, accounting for 56.71 percent of the target set in the revised 2008 state budget.

The figure consists of import duty revenue worth Rp10.9 trillion, export duty revenue (Rp8.67 trillion) and excise (Rp23.60 trillion.