Customs achieve more than 80% by end October – Spokesman - Breaking News

Customs achieve more than 80% by end October – Spokesman

31 October 2024 02:22 am Views - {{hitsCtrl.values.hits}} 4 Bookmark

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Colombo, October 31 (Daily Mirror) - Sri Lanka Customs, one of the three main revenue generating arms of the Treasury, had achieved more than 80% of the stipulated revenue target of Rs.1.53 trillion for the year 2024 by end of October, with positive hopes of surpassing the aim before 2025, the Daily Mirror learns.

During the first ten months of 2024 up to October 28th the Customs had generated revenue of Rs.1.23 trillion and the officials are hopeful of the possibilities of surpassing the stipulated target by end of December this year.

Customs Additional Director General Seevali Arukgoda told the Daily Mirror that they have collected tax revenue up to Rs.1, 230 billion and collecting another Rs.300 billion is not much of a ‘big deal’.

The Ministry of Finance had stipulated a target of Rs.1, 533 billion for the Sri Lanka Customs for the year 2024 and the latter is expected to earn a sum of Rs.300 billion during the remaining two months of November and December to complete this target.

“We usually earn the lion share of our tax revenue from automobile imports, textile and garments, cosmetics and chemicals as well as electronic goods.

But it is quite an achievement to have earned over 80% of the revenue target without the automobile importation,” the Customs Spokesperson said.

Comments - 4

Spot Fines Thursday, 31 October 2024 08:20 AM

Credit should go to the government of RW for the first 9 months of achievement and for the AKD govt for the last 3 months achievements by end of the year. NPP supporters will believe all this happened because AKD became president. Fortunatley for them and all the rest AKD too is following the same economic program of the country.

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jans Thursday, 31 October 2024 08:47 AM

Yes Well done CUSTOMS AUTHORITY to working HONEST MIND WELL DONE Also what about BY PASSING CUSTOM REGULATIONS VERY EXPENSIVE GOODS MOVING OUT PLEASE DON'T BY PASS THEM AS COUNTRY IS BANKRUPT AT THIS MOMENT PLEASE KINDLY HELP SRILANKA ECONOMY TO RECVER IMMEDIATELY AS YOU ALL GETTING REWARDS MONIES TOO WELL DONE

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Donald Thursday, 31 October 2024 04:45 PM

What have these fellas been doing prior?

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Y De Silva Friday, 01 November 2024 04:54 AM

As Donald says, what happened previously? The excuse of the Customs Department that revenue could not be fully collected due to Political interference is a lame one. They should have the backbone to resist such interference and refuse to break the Rules and Regulations that harm the state revenue. But when they also benefit from the interference they will condone the political interference and fatten their pockets. Recent interviews given by Mr Shani Abeysekera and Mr Ravi Seneviratne show , how to refuse orders to break the rules, given by then Prez Ranil if one has a backbone and strength of character. High time that officers realised that they have the Constitutional right to disobey orders from anyone if they are against the law/the Constitution as shown by the exemplary behavior of the above mentioned gentleman. Yassus

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