CCI&E takes steps to double non-tax revenue in 4 years

The office of the Chief Controller of Imports and Exports (CCI&E) has taken some steps to double the non-tax revenue collection within the next four years, officials have said.
To this end, the government has liberalised the Import Policy Order which will gradually be implemented during the period of 2012-15.The CCI&E has introduced different types of business-friendly initiatives like help desk, prompt services to the service seekers etc for importers and exporters.
As part of the services, all kinds of registration would be provided within one hour of the receipt of an application. Besides, employees would provide one-stop services from the help desk to exporters and importers, he also said.
"We are relentlessly working for making registration, renewal fees on imports and exports, indenting certificates and other procedures further business-friendly by introducing modern technologies," he added.
"By judging from the rate of growth in revenue earnings in a couple of years, we are hopeful of achieving the target of doubling the collection in the next four years," he further said.   
The CCI&E earned Tk 414.2 million in non-tax revenue the FY 2008-2009. It rose to Tk 815.6 million in the FY 2012-13, an increase of 97 per cent, statistics showed.
The revenue earnings increased by Tk 196.2 million to Tk 536.1 million in the July-November period of the current FY from Tk 339.8 million in the corresponding period of last FY, the data showed. It was the record amount of revenue earned in the first five months of the current FY.
Non-tax revenue income of the CCI&E markedly jumped due mainly to the hike in registration and renewal fees on imports, exports and indenting certificates, as the export and import of different products went up significantly during the period, sources said.
They expressed the hope that revenue collection of the CCI&E office would definitely exceed its target for the FY 2013-14 if the same trend persists throughout the next seven months of the FY.
The CCI&E set the target to collect over Tk 900 million in non-tax revenue in the current FY, higher by 12.56 per cent than that of the last fiscal.
However, in the last fiscal the government's revenue earnings from sources like imports, exports, indenting registration and renewal fees exceeded the target under the head of 'non-tax revenue'.
The collection was up by Tk 15.6 million to Tk 815.6 million from the target of Tk 800 million, according to the office of the CCI&E.
It posted an increase of 14.48 per cent from Tk 712.4 million collected in the previous fiscal, the CCI&E figures showed.
It was due to a vigorous recovery drive and an increase in registration and renewal fees, sources said.