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Sirsiya Dry Port Customs Office Reports Rs 16.55 Billion in Revenue, Sees Decline Due to Reduced Imports

CEO Tab by CEO Tab
November 18, 2024
in Prime News
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Exports of Nepali goods double in four months
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The Sirsiya Dry Port Customs Office in Birgunj has reported a revenue collection of Rs 16.55 billion in the first four months of the current fiscal year (2024/2025), which accounts for 27.57% of the office’s total annual revenue target. This is a decrease of Rs 204 million compared to the same period last year, when the office collected Rs 16.75 billion.

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Dhan Bahadur Baruwal, the chief customs officer of the dry port customs office, explained that the decline in revenue is due to a reduction in the import of goods, which has been particularly affected by the numerous public holidays during the festive season. These holidays have led to a slowdown in trade, contributing to the lower revenue collection.

The revenue breakdown for the four-month period is as follows: Rs 3.75 billion was collected from mid-July to mid-August, Rs 4.64 billion from mid-August to mid-September, Rs 4.36 billion from mid-September to mid-October, and Rs 3.79 billion from mid-October to mid-November. Despite the decrease in imports, the customs office has still managed to collect a significant portion of its target.

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