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ECONOMY

Mechi Customs Office collects Rs 3.58 billion revenue in three months

BHADRAPUR (JHAPA), Oct 20: The Mechi Customs Office has collected revenue worth Rs 3...

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BHADRAPUR (JHAPA), Oct 20: The Mechi Customs Office has collected revenue worth Rs 3.589 billion in the first quarter of the fiscal year 2024/25, which is 20.69 percent of the annual target for the year.


The office has set a target of collecting revenue of Rs 17.340 billion in this year, says customs officer Ganapati Kandel. 


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The first quarter collection is more by Rs 190 million compared to the corresponding period of last fiscal year. In the same period of the year 2023/24, Rs 3.390 billion had been collected.


In the year 2023/24, only 78.4 percent of the revenue collection target of 18.25 billion was met. As a result, the revenue target for this year has been reduced by Rs 910 million, the office said.


 

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