Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1098 Tue. July 03, 2007  
   
Business


Benapole customs fails to achieve revenue target


Benapole customs failed to achieve the revenue collection target set for the last fiscal year.

Customs sources said National Board of Revenue (NBR) earlier set a target of Tk 1,508 crore for Benapole Customs. Later, the NBR following the country's prevailing situation revised down the target at Tk 1,493 crore.

However, the customs realised Tk 1,377 crore during the period, which is Tk 115.12 crore less than the target.

Explaining the situation, Benapole Customs Joint Commissioner Mahbubur Rahman said revenue collection fell short of the revised target as the government reduced duties on some items.

"Around Tk 100 crore of revenue was lost on rice import due to the revised tariff," he added.