BIRGUNJ, July 2: Birgunj Customs Office has not been able to collect revenue as per the target given by the government. Birgunj Customs has collected only 60 percent revenue in 11 months of the current fiscal year, till mid-June.
By mid-June of the current year, the government has collected only Rs 142 billion which is 59.90 percent of the revenue target of Rs 237 billion.
Dhan Bahadur Baruwal, chief customs officer of Birgunj Customs Office, said that as the country's trade, industry and business sector has been affected due to the economic recession, the revenue collection has been affected due to the decrease in the quantity of imported goods from India and third countries.
"The fact that the revenue is 40 percent less is a matter of great concern for the state," he said. “In addition, the sudden decrease in the import of goods has had a negative impact on the revenue,” he added.
Birgunj Customs collects Rs 5.68 billion more custom revenue th...
In 11 months till mid-June of the fiscal year 2078/79 BS, Birgunj Customs had collected Rs 188 billion (102 percent) of the target of Rs 185 billion.
If we compare it with the revenue collection of last year, it seems that the revenue collection is about 46 billion less in eleven months till mid-June of the current year.
Birgunj Customs had collected Rs 50 billion (56.53 percent) of the target of Rs 89 billion, from mid-July 2022 to mid-June 2023.
Similarly, the value added tax (VAT) is Rs 63 billion (71.62 percent) of the target of Rs 89 billion and Rs 9 billion revenue has been collected which is 36.99 percent of the revenue target of Rs 24 billion.
Rs 12 billion (65.23 percent) has been collected as infrastructure tax of the target of Rs 19 billion, It has collected Rs 1.48 billion (78.39 percent) as agricultural reform of the target of Rs 1.88 billion. And Rs 3.21 billion (37.29 percent) of the target of Rs 8.63 billion has been raised for road repair and improvement fees.
Rs 1.25 billion (34.01 percent) has been collected for road construction and maintenance of the target of Rs the 3.69 billion, which is a total of Rs 237 billion. Chief Customs Officer Baruwal stated that Rs 142 billion revenue has been collected.
Similarly, in the top 20 goods imported through Birgunj Customs post till mid-June of the current year, the amount of diesel has decreased by 18.49 percent and the revenue from it has decreased by 29.97 percent, while the amount of gasoline has decreased by 2.06 percent and the revenue has decreased by 10.10 percent.
It is mentioned in the data that there is a decrease of 1.26 percent in the import of LP gas and a decrease of 32.04 percent in the revenue from it. The import of jeeps, cars and vans has decreased by 63.29 percent, while the revenue collected from them has decreased by 75.36 percent.
According to the data of Birgunj Customs, the import of tobacco decreased by 3.94 percent, other coal by 1.38 percent, soybean crude oil by 34.48 percent, lubricating oil by 7.78 percent, chocolate by 9.48 percent, and motorcycle (unassembled) by 65.34 percent.
The goods that increase volume and revenue include HR seats, electric jeeps, cars, vans, cosmetics, other buses, truck chassis, ready-made fabrics, sunflower crude oil, bitumen, allopathic medicines, etc.
