FinMin stresses on modernising customs

Kathmandu, August 27

Finance Minister Ram Sharan Mahat has stressed on modernising the customs sector to respect the time and investment value of the service recipients. He assured that there would be no financial crunch for the modernisation of the sector.

Speaking at a two-day seminar on ‘Customs Management’ organised by the Department of Customs in the Capital today, leaders of governmental and private sectors pointed out the need to improve infrastructure and technology, and manage skilled manpower for the improvement of the entire customs system. They have stressed on making the sector transparent and simplified so as to attract foreign investment.

Similarly, Minister Mahat stressed on using technology as it could simplify the trade sector as well. He added that the customs management should be made as per the legal provisions.

Likewise, Finance Secretary Suman Prasad Sharma pointed the need to improve the working style of the customs sector as this could further articulate the investment policy and condition of the particular state.

Customs Secretary Rajan Khanal said that 50 per cent of the internal source of revenue lies in customs sector and therefore it should be made transparent.

Similarly, Acting Auditor General Rajendra Prasad Nepal and Director General at the Department of Customs Shishir Kumar Dhungana stressed on making customs sector transparent.