According to customs data, the country’s largest customs station collected Tk16,484.66 crore in the three months through September, which fell short of the target by 7.73%.
The Chattogram Customs Authority says import price has increased compared to before, leading to enhanced tariff collection.
In addition, the customs house has increased the assessment value (purchase price of imported goods determined by customs) from 189 to 933% on pista, caraway seeds, almonds, alu bakhara, cumin seeds, bunium persicum, sweet tamarind, cassia, and chia seeds products in FY24, leading to a higher revenue.
Apart from this, customs has increased surveillance on the import and export of goods to prevent irregularities and fraud. It has identified 700 companies involved in false declarations of goods imports, money laundering without exporting goods, duty evasion, and various unethical activities.
