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Bhairahawa Customs collects revenue four billion more than target

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Rupandehi. The Bhairahawa Customs Office has collected more revenue than the target in the first three months of the current fiscal year. The office collected Rs 33.34 billion in revenue from mid-July to mid-October.

The government had set a revenue collection target of Rs 29.28 billion for the first quarter. The office has achieved 113.86 per cent progress of the target by collecting Rs 4.06 billion more revenue than the target.TAG_OPEN_div_38

According to Harihar Poudel, Chief of Customs Office, Rs 27.75 billion was collected in the same period of the last fiscal year. In the first three months of the last fiscal year, only 97.14 per cent of the target was collected.TAG_OPEN_div_36

According to the data of the office, Rs TAG_OPEN_div_34 8.83 billion revenue was collected in August last year. A target of Rs 8.54 billion was set for the month. In August last year, the target was Rs 9.76 billion, which was Rs 10.63 billion.

Similarly, there was a further increase in revenue collection in the month of September. According to the customs office, Rs 13.88 billion was collected against the target of Rs 10.98 billion for the month. This is 126.41 percent of the target for the month of September.TAG_OPEN_div_32

With the increase in revenue collection, there has been an expansion in foreign trade through the Bhairahawa customs checkpoint. In the month of the current fiscal year alone, goods worth Rs 38.21 billion were imported. In the last fiscal year, goods worth Rs 23.38 billion were imported.

Similarly, goods worth Rs 4.15 billion were exported in September. In the same period last year, goods worth Rs 2.66 billion were exported.TAG_OPEN_div_28

Vehicles and fuel products contribute significantly to the customs revenue. Motorcycles, jeeps, cars and vans, electric cars, pick-up vehicles, petrol, LP gas, iron and mobile phones are the major revenue contributing items.

According to Uddhav Dhungana, information officer of the customs office, more than TAG_OPEN_div_24 Rs 10.52 billion was collected from the 10 major imported items in the month of September. He said that these goods contributed about 53 percent of the total revenue during this period.

Soybean refined oil is the main item of export. Apart from this, aluminium and its products, artificial yarn, noodles, pasta, iron and iron products, animal feed raw materials, khayar kattha and cement are also among the major export items. The revenue collection in the first quarter exceeded the target and both imports and exports increased in September, indicating the expansion of business activities at the Bhairahawa customs checkpoint.TAG_OPEN_div_22

Information Officer Dhungana said that the revenue increase in the last September has contributed significantly to the overall quarterly achievement. According to Poudel, there has been a expected improvement in the revenue collection in the three months of the current fiscal year compared to the previous year.TAG_OPEN_div_20

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