COLOMBO: Sri Lanka Customs has been able to exceed its target revenue for the first five months of this year, the Director General of Customs Chulananda Perera has said.
According to the Director General, the Customs had targeted a revenue of Rs. 322 billion for the first five months of this year.
However the agency had been able to earn a revenue of Rs. 326 billion rupees by the end of last month, the official disclosed.
Around 58 percent of the total tax revenue of the country is collected by the Customs. The agency was able to earn an additional revenue of Rs. five billion rupees which were due to be lost by the government, the official told the national radio.
The Director General said the Customs is acting as a guardian, a facilitator and as a coordinator of the country and therefore, the Customs Department, which comes under the Ministry of Finance and Planning, is eager to provide maximum facilities to the importers and the exporters.
