ANDHRA PRADESH

Kakinada Customs House reaches target

Staff Reporter

Cocanada Chamber of Commerce the main contributor to KCH



Export of rice has come down due to ban

KCH getting good revenue from big industries



Kakinada: The Kakinada Custom House (KCH), which is one of the oldest in India that started its operations way back in 1910, reached the target of Rs 520 crore for the financial year 2008-09 in the first week of January.

It is poised for higher revenue collection in the years ahead on account of the fledgling export import trade conducted through Kakinada port.

Penal action

As regards penal action for evasion of customs duties and violation of other rules, the KCH had booked 10 cases in the above period and seized goods worth Rs 1.60 crore.

The KCH which comprises a Custom preventive unit at Kakinada and an inland container depot at Anaparthi, has had a long history of export and import trade with Europe, US, Sri Lanka and some Southeast

Avenues

Asian countries from the 1930s itself. Now, the Kakinada port opened up more avenues for collection of customs duty on a wide range of commodities from food grains to chemicals and iron ore to heavy machinery.

Export of rice (when there is no ban imposed by the Central Government) is the single biggest contributor of customs duty to the KCH.

There was a substantial increase in the export of rice in 2007-08 but it has come down steeply due to the ban which is currently in vogue.

The Cocanada Chamber of Commerce had been the main contributor to KCH facilitating export of iron ore and pellets, feldspar, rough granite, cement clinker, tobacco, groundnut, rice bran extract and other farm and non-farm produce.

The commodities imported included petrol, mineral oils, fertilizers, edible oils, liquid ammonia, rigs and drill ships oil exploration.

Big industries like Reliance Industries, Murugappa Group are also generating handsome revenues for the KCH by routing their cargoes through Kakinada port. KCH will obviously witness a steeper upward curve in the event of various petrochemical units setting up refineries in this port city.

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