Tax collection beats Q1 target 17.3 percent
(KPL) The revenue collection in the first quarter of the 2009-2010 fiscal year reached 98 per cent of the annual target, up 17.3 percent over last years’ same period.
While the collection of import tax this year reached 113 percent compared to the previous fiscal year.
The achievement was praised at a meeting held on 18-19 January at the Customs Department, under the chairmanship of Director General of the Customs Department Mr Santiphap Phomvihane.
“The figure showed that our customs officers have improved the quality of performance and service,” he said.
Our department has achieved the revenue collection target for several consecutive years. Specially in the first quarter of 2009-10 fiscal year we achieved 98 percent of the annual target, he said.
He continued that the achievement was 2.6 percent higher than the target. This is because our management and our personnel have significantly improved our performance.
“This year, we expect to reach or exceed the target,” said Mr Santiphap.
The meeting encompassed a review on the customs work in the previous fiscal year to identify strengths and weaknesses, a discussion of achievements in the first quarter of this fiscal year, and plans for the second quarter.
The meeting will also touch on the centralisation of the customs authority which has been implemented in each area, to identify its advantages and disadvantages and find further solutions.
