Delhi Customs Confident Of Achieving Revenue Targets

New Delhi: Due to strong growth in volume of capital goods and electronic item imports in the first quarter of current fiscal, the Customs Department in the Delhi zone is confident of achieving the revenue targets set by the CBEC for fiscal 2007-08. Imports of capital goods, electronic items and cellular towers have shown strong growth in the first quarter. The Central Board of Excise and Customs (CBEC) had estimated the customs revenue target for the Delhi zone at Rs 11,070 crore for 2007-08. This represents a 15-per cent increase over the collection level of Rs 9,600 crore in 2006-07. The number of documents processed by the customs department has also shown a sharp increase.