Faruk Rahman, Satkhira: In the first 11 months (July-May) of the current 2025-2026 fiscal year, the revenue deficit at Bhomra land port in Satkhira was 1,011 crore 8 lakh 27 thousand 998 taka.
During this period, the National Board of Revenue (NBR) had set a revenue collection target of 2,064 crore 89 lakh taka for the custom house. This information has been confirmed by the revenue department of the custom house.
Port officials said that the import-export trade has slowed down due to the strained bilateral cooperation and relations between the Bangladesh government and India.
Due to the decrease in import-export compared to any previous time, there has been a major collapse in revenue collection. As a result, the custom house authorities have lost the ability to meet the revenue target set by the NBR.
Assistant Commissioner of Bhomra Custom House, Mustafa Kamal, said that there is a favorable environment for trade expansion. There are no obstacles in conducting business and equal rights have been ensured for all traders. The main objective is to make the trade system dynamic and versatile.
He also said that trade and commerce are the main driving force for economic and social development. Employment and poverty alleviation of a large population of the country are possible through trade expansion.
General Secretary of Bhomra Customs C&F Agents Association, Abu Musa, said that after the change in the political landscape, the country’s top businessmen are looking at the current government with optimism. They believe that a suitable environment for trade and investment will be created, which will help restore the confidence of domestic and foreign investors and international buyers.
Meanwhile, an official of Bhomra Port Importers and Exporters Association said that quick and effective initiatives are needed to overcome the stagnation in the trade sector. Currently, there is an extreme slowdown in trade and commerce. Declining imports and exports, revenue deficit, and a drought in investment and employment have confronted the business community with a difficult reality. The government is losing billions of taka in revenue due to the reduced trade volume due to the strained bilateral relations. This situation needs to be resolved quickly.
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