Wednesday, October 3, 2012

Control revenue leakage: Pun

KATHMANDU, OCT 1: 

The Central Revenue Leakages Control Committee, led by finance minister Barshaman Pun, today, directed all revenue leakages control committees at the district level, led by the chief district officer, to develop an immediate strategy to control revenue leakage.

The meeting, which was held at the Finance Ministry, also directed security agencies and customs offices to accelerate their initiative to control revenue leakage during the festive season.

Concluding that the smuggling of goods will rise in the festive season, the committee asked the concerned agencies to tighten the inspection of vehicles and verify customs declaration forms to ensure genuine transportation of cargo.

The meeting also concluded that customs offices across the country should tighten its vigil to control revenue leakage.

The Department of Customs should check consignment evaluation daily and put its effort in maintaining the price structure of essential commodities.

It also directed the Inland Revenue Department to check whether or not big departmental stores were issuing invoices. Similarly, the meeting directed the Department of Revenue Investigation to identify and carry out raids in warehouses where suspected goods are stored.

The meeting also directed concerned agencies to tighten the customs point at Tribhuwan International Airport. It also asked the Armed Police Force to formulate a Standard Operating Procedure within 15 days to increase revenue-control patrols and ensure the security of industries.

The meeting decided to provide equipment and logistics to the security forces so that they are able to carry out their duties in an effective manner.

The finance minister directed officials at the ministry to study the smuggling trend of the previous Dashain and improve customs valuation system to increase revenue mobilisation.

The finance minister also asked all the concerned departments and representatives of security agencies

to take stringent action against those found guilty of revenue leakage.

Source: THT

No comments: