Department of Customs collects Rs 48bn in first two months of FY 2020-21 KATHMANDU, SEPTEMBER 17 The Department of Customs (DoC) has collected revenue worth around Rs 48 billion in the first two months of the current fiscal year. According to the department, a total of Rs 47.83 billion in revenue was collected in the... 18 Sep, 2020
Government collects Rs 61bn revenue in first month of current fiscal KATHMANDU, AUGUST 19 The government has collected a total of Rs 61.37 billion in a first month of the current fiscal year. According to Financial Comptroller General Office, revenue collection in the first month of this fiscal is satisfactory and... 20 Aug, 2020
Gold import at five-year low last FY KATHMANDU, JULY 30 As a result of the lockdown imposed to contain the spread of COVID-19 and plummeting demand amid global price surge, import of gold slumped to a five-year low in 2019-20 fiscal which ended recently. Statistics maintained by the... 31 Jul, 2020
Tatopani customs formally opens, Rasuwagadi still closed Kathmandu, April 9 Twelve days after the government decided to reopen the major trade points with China, the Chinese authorities formally reopened the border check point and customs point at Tatopani of Sindhupalchowk district on... 10 Apr, 2020
India lifts ban on export of medicines Kathmandu, April 7 India has lifted the ban on the export of 24 types of drugs and its raw materials, except paracetamol. The Directorate General of Foreign Trade of India issued a notice on Monday lifting the earlier ban on the export of the 24... 08 Apr, 2020
Customs across the country lie deserted Kathmandu, March 26 As both Nepal and India have gone into lockdown to prevent the spread of coronavirus, exports and imports in both the countries have been affected and major customs offices lie deserted. According to Suman Dahal,... 27 Mar, 2020
Govt plans �Single consignment system� in customs Kathmandu, January 24 With an objective to manage imports, the government is preparing to introduce a single consignment system across different customs offices. Replacing the current system, under which traders are allowed to import goods of... 25 Jan, 2020
Import of foreign alcohol falls this Dashain Kathmandu, October 13 Import of foreign alcohol products has declined this festive season. Generally alcohol consumption increases during the festivals and so does the import of alcohol. Most people consume alcohol as part of celebrating festivals.... 14 Oct, 2019
Export of refined palm oil soars Kathmandu, July 19 At a time when the country’s ballooning trade deficit has been generating concerns from all corners, trade of refined palm oil has shown the potential of importing raw materials and exporting it with value addition. Data... 20 Jul, 2019
Trade deficit at Rs 1.21 trillion in first 11 months Kathmandu, June 27 The country’s trade deficit has increased by 17.40 per cent in the first 11 months of the current fiscal year. According to the Department of Customs (DoC), the country’s trade deficit has reached Rs 1.21 trillion, while it... 28 Jun, 2019
Vegetables worth Rs 14bn imported in first six months Kathmandu, March 23 Despite having the status of being an agricultural country, the import of agricultural products in the country has been increasing every year. Of several agricultural products that are being imported vegetables are the most... 24 Mar, 2019
DoC plans to instal advanced scanners Kathmandu, January 25 The Department of Customs (DoC) has said that it will buy more advanced scanner machines and instal them in major customs points of the country so that works can be carried out more effectively and efficiently. According to... 26 Jan, 2019
