Nepal | November 21, 2018

Vehicles worth Rs 8 billion imported this fiscal so far

Rastriya Samachar Samiti

BIRGUNJ: Vehicles worth Rs 8.28 billion were imported to Nepal from India and other third countries till the first two-and-a-half months of the current fiscal.

Out of total revenue collected from the Birgunj Customs Office, 40 per cent revenue was collected from vehicles, said customs Officer Santosh Yadav. A total of 51,680 vehicles were imported till October 1 in the current fiscal, officials said.

Motorcycles, auto rickshaw, ambulances, tractors, jeeps, cars, vans, electric vehicles, buses, mini-buses and micro-buses were imported. Of them, 90 per cent were imported from India while 10 per cent  were from the third countries.

Revenue Officer Yadav said increment in revenue is the result of vehicles’ price hike, widened ambit of tax and an increase in import of vehicles.

 


A version of this article appears in print on October 12, 2018 of The Himalayan Times.


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