In the first three months of the current fiscal year 2082/83, from Shrawan to Asoj, a revenue of Rs. 1.72 billion has been collected.
What you should know
Revenue collection at the Kailali Customs Office in Dhangadhi, the main customs checkpoint in the Far West, has decreased in the first three months of the current fiscal year compared to the previous year. It was Rs 1.786 billion in the first three months of the previous fiscal year 2081/82.
The revenue collection for the first three months of the current fiscal year 082/83 from Shrawan to Asoj 28 is Rs 1.72 billion 7.736 billion. It is recorded that the Kailali Customs Office collected Rs 1.61 billion 6.25 billion in revenue during the same period of the previous fiscal year 080/81.
The revenue collection target for the current fiscal year was reduced after the collection was lower than the target in the previous fiscal year. In the previous fiscal year 081/82, only 63 percent of the target of Rs 820 million was collected in Shrawan, 59 percent of the target of Rs 900 million in Bhadau, and 76 percent of the target of Rs 870 million in Asoj. In the current fiscal year, the office had set a revenue collection target of Rs 710 million in Shrawan, Rs 740 million in Bhadau, and Rs 760 million in Asoj.
The Kailali Customs Office has set a total revenue collection target of Rs 9.71 billion 1.56 billion in the current fiscal year. Customs Officer Khim Prasad Aryal said that out of the target of 11.16 billion 26.30 million in the last fiscal year, only 8.66 billion 98 million or 77.67 percent of the revenue collected was collected.
Aryal informed that in the fiscal year 80/81, a total revenue of 7.91 billion 80 million 98 thousand was collected. ‘Imports have also decreased due to the decline in trade and business in recent times,’ Customs Officer Aryal said, ‘The main basis of revenue collection in Kailali is petroleum products. Unless trade and business increase, imports will decrease and revenue collection will also automatically decrease.’
Kailali Customs has not been able to meet the set revenue collection target continuously for the past five years. The annual revenue collection target has not been met since the fiscal year 077/78. In the fiscal year 079/80, only 8.29 billion 63 million five thousand (67.41 percent) was collected against the target of collecting 12.30 billion 66 million 78 thousand annually.
The office says that it has a past experience of not reaching the revenue collection target when setting targets without studying the feasibility of production and imports. ‘Currently, economic activity has decreased. The poverty rate in the Far West is high. Since consumption is based on the source of income, imports tend to decrease,’ said Ananta Timsina, head of the office. ‘On the other hand, it is becoming difficult to meet the annual revenue collection target because the tradition of revenue evasion has not been reduced since the past.’
