Revenue from vehicle import declines

Revenue from vehicle imports in the same period in the last fiscal year was Rs 4.12 billion.

RSS

BIRGUNJ

The customs revenue is found decreasing in Birgunj Customs Office as vehicle imports from India and third countries were adversely affected due to the COVID-19 outbreak and its effects across the globe. 

According to customs officer Shailendra Adhikari, the revenue collected in the five months of the current fiscal year 2020/21 till mid-December is Rs 3.29 billion. Revenue from vehicle imports in the same period in the last fiscal year was Rs 4.12 billion.

The record shows that 80 percent of vehicles are imported via this customs point from India while 20 percent from third countries. The nationwide lockdown for about the past 10 months adversely affected the domestic and foreign trade including the import of goods along with light and heavy vehicles.  
 

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