Customs Administration exceeded revenue target by Rs.8 billion 790 million
The Department of Customs has collected Rs.8 billion 790 million more revenue than the target in fiscal the year 2066/67 (16th.July, 2009 to 16th. July, 2010). This is an increase of Rs.22 billion 420 million (36.70%) compared to the corresponding last fiscal year. For the fiscal year 2066/67, the Department collected Rs.83 billion 460 million revenue over the target Rs.74 billion 670 million under three tax headings, i.e., Customs Duty, VAT on import and Excise on import . It is reported that R ... [read more]
Selectivity Implementation in Biratnagar Customs Office
Biratnagar Customs Office has started risk based clearance system from 3rd June, 2010. This system is based on the Selectivity Module of ASYCUDA. The system allows clearing the goods in fast track depending on the risk inherent on that particular consignment. No risk or low risk commodities are selected by the system to clear without physical verification of the goods. The system also allows focusing limited Customs resources on the high risk areas. A team of Customs Officials and experts assist ... [read more]
Risk Management Awareness Seminar
Risk Management awareness seminar was organised by DOC and UNCTAD on 19th May 2010 at Hotel Radisson. The Seminar was attended by the Minister of Finance, the Secretary for Finance, ADB, and key representatives from both the public and private sectors. The government reiterated its commitment to reform and automation, and explained that this was a long and ongoing process which required the cooperation of all.On the program, Mr. Shaym Dahal, National Project Manager ASYCUDA presented a pap ... [read more]
Customs Management Seminar
Department of Customs oraganised three days Customs Management Seminar in Kathmandu from 19th May to 21st May 2010. The Seminar focused on the Customs Reform and Modernization initiatives taken by different Customs Offices. Chief Customs Offices presented the status of the reform and automation in their respective offices. The Seminar also covered other areas such as valuation, administration, enforcement, classification etc of the Customs operation. ... [read more]