Friday, May 9, 2025
  • Contact Us
  • About BBS
  • Privacy & Policy
ENG
DZO
BBSCL Logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
Radio Live
No Result
View All Result
BBSCL logo
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule
No Result
View All Result
BBSCL logo
Radio LIVE

Finance ministry exempts non-commercial handheld goods from taxes and duties

September 26, 2023
in Business, Economy, Other Stories
Reading Time: 1 min read
0
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

The finance ministry announced that any handheld goods that are not for commercial purposes will not be taxed when entering through the pedestrian terminals and integrated checkpoints in the south. The decision was conveyed to revenue and customs offices in Samtse, Phuentshogling, Gelephu, and Samdrup Jongkhar, yesterday. This change comes as an amendment to the previous tax policy, which imposed taxes and duties on goods exceeding the value of Nu 3,000 when the borders reopened in September of last year.

According to the finance ministry, the decision is based on a practical perspective, as it was found that the revenue generated from these taxes is minimal compared to the administrative hassles and possible disruptions they create.

Even the Department of Revenue and Customs’ Nu 3,000 threshold was not implemented, so far.

Further, according to the finance ministry’s letter to regional revenue and customs offices, the police will oversee the import of commercial goods at the integrated checkpoints.

The police will direct the commercial goods to the customs station to formalise customs procedures. This according to the letter is done to prevent any irregularities.

The letter also states that the Regional Revenue and Customs Offices will work closely with the police to ensure a smooth and unhindered customs process of goods entering the country via the pedestrian terminal and integrated check posts.

Meanwhile, BBS could not get in touch with anyone from the finance ministry for comments.

Kinzang Lhadon

Edited by Sherub Dorji

Previous Post

Deaf woman finds creative freedom in bamboo and cane craft

Next Post

HH Je Khenpo hands over land registration of Foothill Medicinal Recreational Park in Sarpang to Gelephu Thromde

Next Post

HH Je Khenpo hands over land registration of Foothill Medicinal Recreational Park in Sarpang to Gelephu Thromde

HRH Prince Jigyel Ugyen Wangchuck accepts the Olympic Council award for Bhutan

Thimphu Tshechu concludes with blessings and festivities

Please login to join discussion

RECOMMENDED NEWS

Bhutan lights butter lamps to observe UN Day

Bhutan lights butter lamps to observe UN Day

9 years ago
1
Paro bags the U13 Cricket Championship

Paro bags the U13 Cricket Championship

8 years ago
0
Health Minister on face mask

Health Minister on face mask

5 years ago
1

First snowfall of the year

12 years ago
1

BROWSE BY CATEGORIES

  • Accidents (14)
  • Agriculture (414)
  • Announcement (169)
  • Business (729)
  • Crime/Legal (361)
  • Culture (40)
  • Development (48)
  • Disaster (56)
  • Economy (268)
  • Education (400)
  • Entertainment (10)
  • Environment (52)
  • Feature (65)
  • Featured (6)
  • Festival (77)
  • GMC (10)
  • Headlines (5)
  • Health (608)
  • Legal (50)
  • Literature (9)
  • Livestock (73)
  • Media (22)
  • Other Stories (5,422)
  • Politics (418)
  • RCSC (1)
  • Recent stories (6)
  • Religion (42)
  • Sci/Tech (707)
  • Social (470)
  • Sports (441)
  • Technology (190)
  • Tourism (17)
  • Uncategorized (13,865)
  • Video (128)
  • Video Story (240)
  • Wildlife (39)

BROWSE BY TOPICS

Tender Announcement Vacancy Announcement

POPULAR NEWS

  • BPC’s investigation rules out transformer short circuit as Damchhu forest fire cause

    Viral video of Bhutanese man assaulted by locals and police in Jaigaon sparks safety concerns

    0 shares
    Share 0 Tweet 0
  • A centenarian’s recipe to longevity

    0 shares
    Share 0 Tweet 0
  • Post-mortem confirms foul play: Progress in investigation of 24-year-old woman’s death

    0 shares
    Share 0 Tweet 0
  • Newspaper accuses DPT candidate of political ploy

    0 shares
    Share 0 Tweet 0
  • Man sentenced to 14 years in prison for raping 12-year-old girl

    0 shares
    Share 0 Tweet 0
BBSCL

Bhutan Broadcasting Service (BBS) is Bhutan’s primary national broadcaster, delivering diverse news and entertainment in multiple languages, fostering cultural understanding and public knowledge.

Follow us on social media:

Recent News

  • Her Majesty Queen Mother Dorji Wangmo Wangchuck graces South Asian Women’s Conference 2025
  • New chapter for Samphelling’s only community temple, Dzhushidingkha Lhakhang restored
  • DGPC and Adani Group to jointly develop up to 5,000 MW of hydropower
  • Bhutan records 29 White-bellied Herons: RSPN’s annual WBH Survey
  • Clean Bhutan gives plastic bottles a new life as polyester wool

News Category

  • Accidents
  • Agriculture
  • Announcement
  • Business
  • Crime/Legal
  • Culture
  • Development
  • Disaster
  • Economy
  • Education
  • Entertainment
  • Environment
  • Feature
  • Featured
  • Festival
  • GMC
  • Headlines
  • Health
  • Legal
  • Literature
  • Livestock
  • Media
  • Other Stories
  • Politics
  • RCSC
  • Recent stories
  • Religion
  • Sci/Tech
  • Social
  • Sports
  • Technology
  • Tourism
  • Uncategorized
  • Video
  • Video Story
  • Wildlife
  • Contact Us
  • About BBS
  • Privacy & Policy

© 2024 BBSCL. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Business
  • Politics
  • Sports
  • Education
  • More
    • Announcement
    • Programme
    • Radio Dzo-Channel Schedule
    • Radio Mix-Channel Schedule

© 2024 BBSCL. All rights reserved.