Benapole customs posts 57pc rise in revenue collection

    Benapole Custom House earned Tk 4,148.27 million in revenue in the fiscal year 2020-21, up 57% year-on-year.

    “All the credit goes to the efforts of the customs authorities to reduce tax evasion and to start importing goods by rail,” Benapol Customs Commissioner Azizur Rahman told the Daily Star.

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    The customs house took extensive measures to reduce tax evasion, which paid off as revenue collection hit a record high in the fiscal year 2020-21, he said.

    In addition, the mass import of goods by rail has also played an important role in revenue collection, Rahman added.

    The revised revenue collection target for customs in FY21 was Tk 6,100 million, up from TK 5,563 in the previous year.

    The largest plot of land in the country collected only 2,635.77 million Tk of income in the financial years 2019-20, ie 1,512 million Tk less than those of FY21.

    Newsvibe24 Source