Stands 5th in country in accounting shipping bills
The Tuticorin Custom House saw a spurt in exports in the fiscal year ending March 31, 2014. This was a 13 per cent increase over the previous fiscal, according to N.J. Kumaresh, Additional Commissioner of Customs, Tuticorin.
Falling rupee and dollar value fluctuations in the global scenario buoyed exports, which also propped up the country’s foreign exchange reserves.
The most important export commodities were knitted garments, copper and copper alloys and concentrate, cotton yarn, seafood, eggs, edible fruits and nuts, LPG and titanium-dioxide. With the logistic support of V.O. Chidambaranar Port here, shipments were made to countries such as the U.S., Europe and some Asian countries.
Mr. Kumaresh told The Hindu that the Tuticorin Custom House stood fifth in the country in terms of accounting shipping bills. In 2013-14, a total of 2,46,193 shipping bills for exports were filed, surpassing the 2,24,214 bills filed in the last fiscal.
With road and rail connectivity in place, the seaport here was easily accessible, making it the preferred destination for the shipping fraternity.
As for customs revenue target in the recently ended fiscal, he said Tuticorin achieved Rs. 214 crore in excess. A target of Rs. 1,575 crore was fixed but Tuticorin surpassed it by achieving Rs. 1,789 crore. Drawback and refund paid to boost the morale of exporters also jumped over the last fiscal. In 2013-14, export drawback and refund to the tune of Rs. 702 crore was paid, while in 2012-13, exporters received Rs. 559 crore,” Mr. Kumaresh said.
With the newly installed mobile gamma rays scanner in the Custom House, further growth in exports was envisaged.
The facility was launched by Chairperson of the Central Board of Excise and Customs, J.M. Shanti Sundharam on April 4. About 15 to 20 containers could be scanned in an hour.
The image-based scanner would ensure speedy clearance of cargo and enhance security too, he added.