Thursday, January 28, 2010

Lower revenue

The Mechi customs office has not been able to collect the targeted revenue. Against a target of Rs 756,842,000 in the first four months of the current fiscal year, the office collected Rs 746,611,000, said revenue officer Umesh Kumar Basnet. Collection was 1.35 per cent less than target, he said, adding that the collection went down due to decrease in excise duty collection.

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