Ctg Customs witnesses negative revenue growth for 4 consecutive months11 April 2023
Chattogram Bureau :
The volume of import and export containers handled at Chattogram Port in January-March this year was also lower compared to the same period in the previous year, sources at the port said.Out of the first nine months of FY23, revenue growth was negative for four months at Chattogram Customs, according to the Chattogram Custom House.
The growth in revenue collection was 40.87% in July of FY23, which fell to 24.67% in August. Then the Custom House witnessed 0.17% negative revenue growth in September, which picked up in the following two months - 3 .91% in October and 14.13% in November.
Again from December last year to this March, there was negative revenue growth compared to the same period of the previous fiscal year. It was negative 9.18% in December 2022, fell to negative 17.35% this February before improving to negative 5.13% in March.