Nepalgunj Customs Office Collects Rs. 5.24 Billion Revenue in First Three Months

Nepalgunj Customs Office has collected more than Rs. 5.24 billion in revenue during the first three months of the current fiscal year 2083/84. According to Information Officer at the office, Pabitra Kumar Khadka, the office collected Rs. 5.24 billion 89.85 million from Shrawan to Ashoj.

The total collection represents only 20.4 percent of the annual revenue target. In Shrawan, the office collected Rs. 1.61 billion against a target of Rs. 1.83 billion. Similarly, revenue collection stood at Rs. 1.74 billion against a target of Rs. 2.09 billion in Bhadra and Rs. 1.89 billion against a target of Rs. 2.35 billion in Ashoj. The office achieved 87.87 percent, 83.06 percent and 80.31 percent of its monthly targets in Shrawan, Bhadra and Ashoj, respectively.

The revenue target for Nepalgunj Customs Office has been increased in the current fiscal year despite its failure to meet the target in the previous fiscal year. In FY 2082/83, the office had a revenue target of Rs. 24.54 billion but collected only Rs. 20.11 billion, achieving around 81.87 percent of the target.

For the current fiscal year, the government has set a revenue collection target of Rs. 26.20 billion for the office. This is more than Rs. 6 billion higher than the actual revenue collected in the previous fiscal year and around Rs. 1.65 billion higher than last year's target.

The major goods imported through Nepalgunj Customs Office include fuel, tractors and trailers, polyethylene granules, rice, food grains and iron products. The office mainly exports herbs and other goods. Information Officer Khadka said that the office has prepared an action plan to achieve its annual revenue target.