Revenue collection doubles in Rasuwa customs

CEO Correspondent

Kathmandu, July 22: The Rasuwa Customs Office in Timure has seen a two times increase in the revenue collection in the outgoing fiscal year compared to the previous fiscal, according to media reports.

Revenue collection from the border point with neigbouring China rose by 126 per cent this year (2017/18) compared to the previous year to reach Rs 4.59 billion. The collection in the fiscal year 2016/17 stood at Rs. 2.42 billion.

Readymade garment, electronic goods and footwear topped the list of imports from China in the year with wheat flour, noodles and biscuits being exported from Nepal to the northern neighbour, it is reported.

The Nepal-China transit point is running without any obstruction this monsoon. The office has mobilized more than 20 goods inspectors in order to expedite the customs examination.

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