Chittagong Custom House, has recorded a negative growth in revenue collection for four consecutive months since December 2022.
This is as per media reports which added the volume of import and export containers handled at Chittagong Custom House (CHC) in January-March this year was also lower compared to the same period of the last year while as per data from the CHC, out of the first nine months of FY23, revenue growth was negative for five months whilst the growth in revenue collection was 40.87 per cent in July of FY23, which fell to 24.67 per cent in August although the CHC again witnessed 0.17 per cent negative revenue growth in September, which picked up in the following two months – 3 .91 per cent in October and 14.13 per cent in November.
It may be mentioned here the negative growth in CHC’s revenue collection comes amidst reports of Chittagong Port’s decrease in container handling even as report suggest in March 2023, the port handled 98,736 TEUs of containers carrying imported cargo and 55,160 TEUs of containers carrying exported cargo compared to 113,039 TEUs of containers carrying imported goods and 76,166 TEUs containers carrying export products in the same period of last year.
