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Import of Household Goods increases by 42 percent

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February 4: Nepal has imported household goods worth Rs 54.3 billion in the first six months of the current fiscal year. According to the customs department, the country imported household goods worth Rs 38.15 billion in the corresponding period of last FY. The import of such goods has increased by 42 percent as compared to last year.

The total import of goods during the review period was worth Rs 534 billion. 10.14 percent of the total import was of household goods. The state coffers received Rs 4.91 billion revenue from the import of household goods. The revenue collected from household goods last year was Rs 3.8 billion.

According to the customs officials, there was a rise in revenue collection due to the increase in the amount of import.

Most of the household goods were imported from India and China. Other countries from where Nepal imported such goods include Thailand, USA and European countries.  

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