The export of Nepali goods to India and other countries through the country’s main trade gateway, Birgunj Customs, has increased significantly in recent years. Comparing the same period of the current fiscal year to the same period of the previous fiscal year, exports of Nepali goods through the checkpoint have more than doubled in the first four months of the current fiscal year. It was estimated that various goods worth Rs. 12.44 billion were exported during the four months from Shrawan to Kartik of Fiscal Year 2077/78.
According to Sumit Gupta, an information officer at the office, the export of Nepali goods to India and other countries has increased as the effects of the coronavirus have diminished around the world. He stated that refined soybean oil, refined palm oil, fruit juice, refined sunflower oil, soybean drink, and herbs account for the majority of the country’s exports. Along with the increase in Nepali exports, there has been an increase in revenue collection as a result of the increase in exports. In comparison to the first four months of the previous fiscal year, the office has managed to collect more than Rs. 26 billion in the corresponding period of the current fiscal year, an increase of more than 50%.
The revenue collected by the office in the first four months of the previous fiscal year amounted to Rs. 43.67 billion. This fiscal year, the government has managed to collect Rs. 70.12 billion in tax revenue.