NBR issues instructions to revitalise customs offices

Staff Correspondent | Published: 23:07, Aug 15,2017

 
 

A file photo shows containers kept at the Inland Container Depot at Kamalapur in Dhaka. The customs wing of National Board of Revenue has given 14-point instructions to the 17 customs offices across the country to achieve the collection target set for the fiscal year 2017-18. — New Age photo

The customs wing of National Board of Revenue has given 14-point instructions to the 17 customs offices across the country to achieve the collection target set for the fiscal year 2017-18.
The instructions came from a recent meeting held at the NBR premises where the customs policy wing decided to increase the volume of post clearance audit and reconcile the imported and released goods.
The meeting was arranged to review the revenue collection performance of the VAT and customs offices across the country in the FY 2016-17.
The key instructions include enhancing quality of risk management, valuation and declaration management, increasing auction and alternative dispute resolution for resolving disputes outside the court.
The customs wing also directed the 17 custom offices to squeeze tax exemption culture, speed up resolving process of the pending cases, and simplify the tax collection process.
The wing missed its revised collection target by Tk 770 crore in FY17. The revised target for last fiscal year was Tk 55,000 crore.
The NBR detected some unavoidable negative factors for not achieving the expected growth in revenue collection, while some com missionarates missed the opportunity to achieve the growth.
In the review meeting, the NBR found that the Chittagong Customs House was the highest revenue gatherer in FY17. The CCH located in the largest seaport of the country collected Tk 36,709 crore surpassing its target.
Benapole Customs House collected Tk 3,814 crore followed by Dhaka Customs House Tk 3,154 crore, Mongla Customs House Tk 3,033 crore and Kamalapur Inland Container Depot Tk 1,943 crore, according to the NBR data.
There are 12 VAT commissionarates across the country. Of them, seven VAT commissinarates achieved more than 18 per cent growth in FY17.
Of the 12 VAT commissionarates, the large taxpayer unit collected the highest amount of revenue — Tk 36,983 crore —achieving a 21-per cent growth.
Customs, excise and VAT commissionarate Chittagong collected the second highest amount of revenue — Tk 7,175 crore — followed by Dhaka North Tk 6,188 crore and Dhaka South Tk 4,718 crore.
NBR officials claimed that all of the VAT officials were busy and occupied with preparing themselves and motivating businesses over new VAT and Supplementary Duty Act-2012 which was scheduled to be implemented from July 1, 2017.
A number of training programmes and motivational campaigns took place last year to aware people about the new VAT law that the government deferred for two years following oppositions from the businesses.
Many of the VAT commissionarates could not fully concentrate on revenue collection and recovering the pending dues.
Despite all these odds, the VAT wing achieved 19.28 per cent growth by collecting Tk 66,891 crore in taxes in FY17 and surpassed the revised target.
VAT collection growth was 12.10 per cent and 14.42 per cent in FY15 and FY16 respectively.

More about:

Want stories like this in your inbox?

Sign up to exclusive daily email

Advertisement

images

 

Advertisement

images