According to the National Board of Revenue (NBR), the revenue collected from the customs sector during July to December of the current fiscal year was Tk41.2 thousand crore. In the first six months of the last fiscal year, the customs revenue collection was only Tk33,643 crore. The chairman of NBR thinks that it is possible to meet the customs revenue target in the current fiscal year if this pattern of import and export continues. It is a 23% growth over the previous year (first six months) and we hope that by the end of the year, we will be able to meet the target for customs revenue." "Although the share of customs revenue contribution is less than that of income tax and VAT, our customs have been in a good position in terms of growth especially in the last two years,” he added.

Source: Dhaka Tribune January 29, 2022 20:09 UTC