Mustang Customs surpasses Rs 9 billion annual revenue targets in just 3 months
Summary
Mustang Customs Office has collected Rs 11.45 billion in revenue in just three and a half months, surpassing its annual target of Rs 9 billion. Imports through the Korala border crossing with China have surged, especially after flood-related disruptions closed other key trade routes.
Key Points
- Mustang Customs Office collected Rs 11.45 billion in customs revenue in the first three and a half months of the current fiscal year, exceeding its annual target by Rs 2.45 billion.
- Imports from China via the Korala border crossing reached Rs 26.01 billion, while exports from Nepal to China stood at Rs 286.3 million.
- The Korala route has become a major alternative trade gateway after flood disruptions closed the Rasuwagadhi and Tatopani border points.
- The office cleared 6,501 electric vehicles and saw a sharp rise in imports after Dashain.