Ctg Customs may see over 20pc revenue growth despite corona

Staff Correspondent

18 June, 2021 12:00 AM printer

Chattogram: The Chattogram Customs House earned Tk 44,834 crore in revenue in the first 11 months of the current fiscal year (2020-21), which is Tk 2949 crore higher than the annual revenue of Tk 41,854 crore in 2019-20 fiscal year.

Chattogram Customs has achieved 20 percent year-on-year revenue growth in the first 11 months of the current fiscal. This growth may increase further at the end of June.

Chattogram Custom House made great revenue drive despite Corona situation and lockdown.

Asked about this, Chattogram Customs Commissioner Mohammad Fakhrul Alam said, "We have achieved 20 per cent revenue growth in this financial year as compared to May last year."

In the difficult times of the Cavid-19 epidemic, when everything was stagnant, we have exceeded last year’s income instead of facing a negative growth. Even if we do not achieve cent percent target by the end of June, we will achieve 20 per cent or more growth compared to last fiscal year. '

About bringing transparency in customs work and checking irregularities," he said he has adopted a zero-tolerance policy against irregularities. “I was strict in achieving success in these issues.”

The National Board of Revenue has set a revenue target of Tk 64,303 crore for the Chattogram Custom House in the current financial year.

As of May, Tk 44,483 crore has been earned. Concerned officials consider the achievement significant despite the corona epidemic.

Chattogram Customs officials say every year the target is based on the previous year's collection. Achieving this goal can be a daunting task considering the Corona epidemic.

They say every year the budget changes the tariff rate. The high duty goods that used to come through Chattogram port are not coming now. The main sources of revenue in Chattogram Customs were imports of fuel, car and electronics.

Imports have declined in all these three sectors. Consumer goods imports are not producing that much revenue. There is no tariff rate on those products. Even in such an unfavorable situation, the customs officials think that the current revenue income and growth is good.

Chattogram Chamber President Mahbubul Alam says, ‘The impact of Covid-19 has hit all sectors. As a result, imports have declined. If Prime Minister Sheikh Hasina had not shown the courage to open factories amid the pandemic, the revenue collection would have been much lower. The whole economy would have collapsed. People would lose their jobs and go hungry.”

According to him, ‘the most important thing for us now is to keep up with the pace. As long as the businesses are running, goods will be imported; factories will operate; the port will be operational. Revenue income will also increase. And if we set unreasonable revenue targets, we have to be under pressure at the end.”

According to sources, Chattogram Custom House is a major reliance of the National Board of Revenue and the Ministry of Finance in meeting the revenue targets. Chattogram Customs has collected revenue of Tk 41,854 crore in the last financial year. Besides, these customs are providing additional revenue of at least Tk 5,000 crore every year.

Even then, this customs house, which is at the top in terms of revenue alone, is running with 48 percent less manpower. As of June 1, Chattogram Custom House has 647 posts as against the 1,248 posts sanctioned. There are 601 posts are lying vacant. The rate of vacant posts is 48.16 percent.

According to the manpower structure, there are 94 vacancies against 210 manpower in first class positions, 231 vacancies against 497 of second class positions, 254 vacancies against 423 manpower of third class positions and 22 vacancies against 118 manpower of the fourth class positions.