Benapole Customs sets revenue target of Tk 10,588cr despite Tk 4,731cr shortfall

The National Board of Revenue (NBR) has set a revenue collection target of Tk 10,588 crore for Benapole Customs House in the 2026–27 fiscal year, despite a Tk 4,731 crore revenue shortfall from the previous fiscal year. The new target is Tk 702 crore lower than the revised target set for FY 2025–26.

According to customs sources, the revised revenue target for FY 2025–26 was Tk 11,290 crore, but Benapole Customs collected only Tk 6,559 crore by the end of the fiscal year, leaving a deficit of Tk 4,731 crore. During the same period, imports through Benapole Port also declined by nearly 197,000 metric tons.

Officials said the revised target for the current fiscal year has been set at a more realistic level in view of the significant revenue shortfall and the decline in import volumes.

Customs officials remain optimistic about achieving the new target. However, business leaders argue that the goal will be difficult to meet unless legal imports are expanded, customs clearance is expedited, unnecessary trade restrictions are removed, and smuggling and revenue evasion are brought under strict control.

Customs sources also revealed that more than 100 cases of fraud have been detected at Benapole Customs over the past six months. In addition, four cases filed last month over the alleged smuggling of goods worth nearly Tk 20 crore have named 57 individuals as accused. Investigations and legal proceedings are currently underway.

Ziaur Rahman, General Secretary of the Benapole Importers and Exporters Association, said that achieving the revenue target would require an increase in import activities as well as greater transparency in trade. He stressed the need for stricter measures to curb smuggling, under-invoicing, and other irregularities.

Rahat Hossain, Assistant Commissioner of Benapole Customs House, said customs officials are working diligently to enhance revenue collection. He added that disciplinary action against those involved in irregularities and the recovery of fines are continuing, while all necessary initiatives are being taken to achieve the revenue target for the current fiscal year.