Thanks To Cars Brunei Customs Enjoys A Boom

Bandar Seri Begawan - The overall customs revenue has increased by 12.6 per cent. A total of $104 million was recorded last year compared to $92 million in 2001, Customs Annual statistics showed.

The main contribution to the revenue was taxes on import vehicles even the taxes for vehicles had been decreased from 40 to 200 per cent to 20 per cent in November 2001.

The revenue from vehicles tax in 2002 total $58 million for 12,628 imported vehicles, which included used cars.

Besides collecting Brunei's revenue the Royal Customs and Excise Department also plays an important role to curb smuggling and checking on undeclared goods by strictly manning the enforcement section control posts.

Last year a total of 121 cases were reported under the Customs Act.

The cases include smuggling of illegal goods such as alcoholic drinks, cigarettes, chicken, meat, tax offence fines, as well as checking on undeclared goods.

The confiscated goods were estimated at around $141,497 reported the Enforcement Section.

Brudirect.com