Rasuwa Customs collects Rs 585.5 million in fines from traders

The Rasuwa Customs Office has raised Rs 585.5 million in fines from traders who tried to evade customs duty by reporting less quantity of goods imported from China.

Chief Customs Officer Ram Prasad Pathak said this amount was collected in fines in the last 11 months of the current fiscal year.

According to him, goods worth Rs 59.78 billion have been imported from China and goods worth Rs 1.84 billion exported to China through Rasuwa customs from July 17, 2023 to June 14, 2024 in the current Fiscal Year 2023/24.

Customs Officer Pathak said the revenue collection has increased by 165 percent as against the annual target.

He said that Rs 19.17 billion has been collected as revenue during that period.