Ctg Customs House likely to exceed revenue collection target in FY17

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Chittagong Customs House (CCH) is likely to exceed it revenue collection target in fiscal 2016-17 (FY17) as it has collected Tk 26,819 crore in the first nine months (July-March) against its total target of TK 39,622 crore for the fiscal year.
“We will be able to exceed the target in this fiscal year also as we have already collected Tk 26,819 crore revenue from July to March. There are three more months for us and we are hopeful about surpassing the target,” said a CCH official.
According to the CCH, the house exceeded the revenue collection targets in the last two fiscal years-2014-15 and 2015-16. It collected Tk 19,463 crore against the target of Tk 17,714 crore, up Tk 1,749 crore in FY15 and Tk 22,466 crore against the target of Tk 21,515 crore, up Tk 951 crore in FY16. Sources said CCH authorities have taken a series of measures to bring dynamism in its activities for ensuring hassle-free services for the people. There were 250-300 outsiders who were known as ‘Faltu’ and harassed importers-exporters but now the custom house is free from such outsiders. The custom house has already brought changes in its risk management to detect irregularities in import-import activities and it has realized Tk 84.50 core against 1,205 cases from July 2016 to March 2017. The Post Clearance Audit (PCA) branch of the custom house detected 350 duty dodging incidents involving a total of revenue of Tk 34.36 crore during July-March period of FY17.
As the National Board of Revenue (NBR) decided to show zero tolerance to internal corruption and irregularities, the custom house took punitive measures against a total of 18 officials-employees in the last two years.

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