November 15, 2024, Friday
Nepal 1:37:26 pm

Import of two-wheelers through Birgunj entry point doubles

The Nepal Weekly
September 3, 2024

Import of motorcycles via Birgunj, the major transit point in the country, has doubled in the first month of the current fiscal year compared to the corresponding period last fiscal year. The rise is one hundred percent.  Interestingly, the imports of jeeps and cars have decreased by 40 percent. 

According to Birgunj Customs Office’s information officer Raghu Lal Karna a total of 3,571 motorcycles worth Rs 467.7 million were imported in the month of Saun (July-August) during the fiscal year, 2080-81 BS  while the figure jumped to 7,150 worth Rs 944.8 million in the first month of the current fiscal year, 2081-82 BS.   

According to the official data a total of 127 jeeps and cars amounting to Rs 206 million were imported in July-August of the fiscal year, 2080-81 BS and the number reduced by 76 in the corresponding month of this fiscal year. The worth of the vehicles was Rs 144.4 million. 

As informed by the office, now, the government guarantees 50 percent discounts on imports of petrol-run motorcycles (as parts) meant for assembling them in the country from India and third countries which is the reason for the rising imports of motorcycles.  

The revenue collected from the imports stood at Rs 442.1 million in the first month of the last fiscal year and it rose to Rs 884.4 million in the corresponding month this year.