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<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" > <channel> <title>Scriling</title> <atom:link href="https://scriling.com/feed/" rel="self" type="application/rss+xml" /> <link>https://scriling.com</link> <description></description> <lastBuildDate>Fri, 27 Jun 2025 03:53:49 +0000</lastBuildDate> <language>en-US</language> <sy:updatePeriod> hourly </sy:updatePeriod> <sy:updateFrequency> 1 </sy:updateFrequency> <generator>https://wordpress.org/?v=6.8.1</generator> <image> <url>https://scriling.com/wp-content/uploads/2025/06/cropped-Sfavicon-1-75x75.png</url> <title>Scriling</title> <link>https://scriling.com</link> <width>32</width> <height>32</height></image> <item> <title>Tea Exports from Kakarbhitta Surge, But Cardamom Sales Dip; Customs Revenue Still Below Annual Target</title> <link>https://scriling.com/2025/06/27/tea-exports-from-kakarbhitta-surge/</link> <comments>https://scriling.com/2025/06/27/tea-exports-from-kakarbhitta-surge/#respond</comments> <dc:creator><![CDATA[Scriling Staff]]></dc:creator> <pubDate>Fri, 27 Jun 2025 03:53:19 +0000</pubDate> <category><![CDATA[News]]></category> <guid isPermaLink="false">https://scriling.com/?p=34</guid> <description><![CDATA[Tea exports through the Kakarbhitta border have seen a significant rise this year. According to...]]></description> <content:encoded><![CDATA[<p>Tea exports through the Kakarbhitta border have seen a significant rise this year. According to the Mechi Customs Office, tea exports increased by <strong>40.5%</strong> in the first 11 months of the current fiscal year, totaling <strong>Rs. 3.86 billion</strong>.</p> <p>During the same period last fiscal year, Nepal had exported tea worth <strong>Rs. 2.75 billion</strong>, marking a strong growth in one of the country’s key export products.</p> <h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/15.1.0/72x72/1f4c9.png" alt="📉" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Cardamom Export Declines</h3> <p>In contrast, <strong>cardamom exports have declined</strong>. This year, in the first 11 months, Nepal exported cardamom worth <strong>Rs. 7.18 billion</strong>, compared to <strong>Rs. 7.46 billion</strong> in the same period last year. Cardamom, usually among the top exported agricultural goods, has taken a dip likely due to fluctuating prices and market demands.</p> <h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/15.1.0/72x72/1f4b0.png" alt="💰" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Revenue Collection Update</h3> <p>The Mechi Customs Office has so far collected <strong>Rs. 14.43 billion</strong> in revenue between Shrawan and Jestha — about <strong>91.56%</strong> of its 11-month target of <strong>Rs. 15.77 billion</strong>. This shows a <strong>14% increase</strong> in revenue compared to the same period last fiscal year.</p> <ul class="wp-block-list"><li>In FY 2080/81, the office had achieved <strong>77.56%</strong> of its target in 11 months.</li> <li>In FY 2079/80, only <strong>69.94%</strong> was achieved in the same timeframe.</li></ul> <p>Despite improvements, the office still faces pressure to meet the <strong>annual revenue goal</strong> of <strong>Rs. 17.34 billion</strong> set by the Ministry of Finance.</p> <p>To reach that goal, the office must collect <strong>Rs. 2.09 billion</strong> in <strong>Asar</strong> (the final month of the fiscal year) alone — a feat officials say may not be achievable given past monthly trends.</p> <h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/15.1.0/72x72/26fd.png" alt="⛽" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Petroleum Products Lead in Revenue Contribution</h3> <p>Petroleum imports remain the <strong>top source of customs revenue</strong>, contributing <strong>Rs. 6.93 billion</strong>, which accounts for <strong>60.81%</strong> of total revenue. The dominance of fuel in revenue collection highlights Nepal’s high dependency on petroleum imports for state earnings.</p> <h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/15.1.0/72x72/26a0.png" alt="⚠" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Challenges Ahead</h3> <p>Despite positive trends in tea exports and improved revenue collection, Mechi Customs has <strong>failed to meet annual targets in the past</strong>. Last fiscal year, the office was tasked with collecting <strong>Rs. 18.25 billion</strong> but only managed <strong>78.40%</strong> (Rs. 14.23 billion).</p> <p>Officials warn that this year may repeat the same pattern unless there’s a dramatic increase in collections in the final month.</p> <h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/15.1.0/72x72/1f50d.png" alt="🔍" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Summary</h3> <figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th>Indicator</th><th>2081/82 (Current)</th><th>2080/81 (Last Year)</th></tr></thead><tbody><tr><td><strong>Tea Exports</strong></td><td>Rs. 3.86B (↑40.5%)</td><td>Rs. 2.75B</td></tr><tr><td><strong>Cardamom Exports</strong></td><td>Rs. 7.18B (↓)</td><td>Rs. 7.46B</td></tr><tr><td><strong>Total Revenue (11 months)</strong></td><td>Rs. 14.43B (91.56%)</td><td>Rs. 12.65B (approx)</td></tr><tr><td><strong>Petroleum Revenue Share</strong></td><td>60.81%</td><td>—</td></tr><tr><td><strong>Annual Target</strong></td><td>Rs. 17.34B</td><td>Rs. 18.25B</td></tr></tbody></table></figure> <p>The Mechi Customs Office continues to play a critical role in Nepal’s trade and revenue ecosystem, but challenges remain in meeting government targets — especially amid shifting export trends and high reliance on petroleum imports.</p>]]></content:encoded> <wfw:commentRss>https://scriling.com/2025/06/27/tea-exports-from-kakarbhitta-surge/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> </channel></rss> If you would like to create a banner that links to this page (i.e. this validation result), do the following:
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