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April 26, 2000

  

Pabna, Apr 25 (UNB) – Revenue earning of Pabna Customs Excise and VAT Department appears to surpass its target this year.

  

Officials said the revenue income of the department continues to mark an upward spiral for the last three years when it earned Tk 118.27 crore in revenue.

 

They said the department earned Tk 37.49 crore in 1996-97, Tk 48.40 crore in 1997-98 and Tk 42.38 crore in 1997-98.

 

Of the amount, Tk 92.38 crore were realized as VAT, Tk 12.73 crore as supplementary duty and Tk 28.50 lakh as excise duty.

 

The department realised Tk 33.79 crore during the first nine months of the current fiscal against Tk 26.29 crore during the corresponding period of the previous fiscal.

  

An official said the revenue was collected mainly from medicine, toiletries, construction firms, paper, sugar, cement and bidi sectors with the highest amount of VAT coming from medicine and toiletries.

 


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