NEPALGUNJ: Nepalgunj Customs Office has collected more than Rs 7.65 billion in revenue during the first five months of the current fiscal year 2025/26.
According to Information Officer Pavitra Kumar Khadka, the office collected Rs 7.65 billion in revenue during the review period. However, the customs office has failed to meet its monthly revenue targets in any of the five months so far this fiscal year.
In Shrawan, the revenue target was Rs 1.86 billion, of which only 74.14 percent, or Rs 1.38 billion, was collected. Similarly, in Bhadra, against a target of Rs 1.93 billion, the office collected 69.77 percent, amounting to Rs 1.35 billion.
In Ashoj, revenue collection stood at Rs 1.74 billion, achieving 87.83 percent of the Rs 1.98 billion target. In Kartik, only 72.30 percent of the Rs 2.12 billion target was met, with revenue collection amounting to Rs 1.53 billion. Likewise, in Mangsir, the office collected Rs 1.63 billion, which is 83.45 percent of the Rs 1.96 billion target.
Office records show a similar trend in the previous fiscal year 2023/25, when revenue collection stood at 73.67 percent of the target in Shrawan, 66.62 percent in Bhadra, 66.91 percent in Ashoj, 76.44 percent in Kartik and 76.27 percent in Mangsir.
Despite the shortfall in revenue targets, imports through the Nepalgunj border point have increased. In the first five months of the current fiscal year, goods worth more than Rs 30 billion were imported. By the end of Mangsir, imports totalled Rs 30.66 billion, compared to Rs 29.08 billion during the same period last fiscal year.
Exports have also risen. Nepalgunj Customs recorded exports worth Rs 1.01 billion in the first five months of the current fiscal year, up from Rs 886.8 million during the corresponding period last year.
Overall trade through the Nepalgunj Customs Office during the five-month period reached Rs 31.68 billion, compared to Rs 29.97 billion in the same period of the previous fiscal year.
According to Information Officer Khadka, the trade deficit has remained largely unchanged. While the deficit stood at 97 percent in the first five months of the previous fiscal year, it has marginally declined to 96.68 percent in the current fiscal year.
Comment