Sunday, 19 January, 2025
Biratnagar, Mar. 19: The Biratnagar Customs Office has collected Rs 21.3 billion in revenue in the first eight months of the current fiscal year. The amount is 36 per cent less than the government's target.
During the period, the customs office was supposed to collect Rs 33.3 billion rupees.
According to officials, decrease in import was the major reason behind the lowered revenue. The office said that the import decreased by almost 25 per cent during the review period.
It is said that Rs 8.7 billion was received from the customs duty, Rs 11.28 billion from VAT and Rs 1.3 billion from excise duty while Rs 546.3 million was collected from RCF and RDF.
As per the target set by the government, the office is supposed to make Rs 49.64 billion in revenue till the end of this fiscal year, which is not likely from the current trend.
Chief of the Customs Office Shiva Bhandari, however, said that the revenue collection has gradually increased following the operation of integrated checkpoint.
Do not make expressions casting dout on election: EC
14 Apr, 2022
CM Bhatta says may New Year 2079 BS inspire positive thinking
14 Apr, 2022
Three new cases, 44 recoveries in 24 hours
14 Apr, 2022
689 climbers of 84 teams so far acquire permits for climbing various peaks this spring season
14 Apr, 2022
How the rising cost of living crisis is impacting Nepal
14 Apr, 2022
US military confirms an interstellar meteor collided with Earth
14 Apr, 2022
Valneva Covid vaccine approved for use in UK
14 Apr, 2022
Chair Prachanda highlights need of unity among Maoist, Communist forces
14 Apr, 2022
Ranbir Kapoor and Alia Bhatt: Bollywood toasts star couple on wedding
14 Apr, 2022
President Bhandari confers decorations (Photo Feature)
14 Apr, 2022
