customs revenue

Customs Revenue Slumps

A total of K890 million in taxes was collected in the first quarter of 2021 fiscal year.

PNG Customs Service Commissioner, David Towe revealed this, however, he did not reveal how much of a drop from the first quarter was made, but he said this slump is because of the drop in trade globally.

He said there is still the need to ensure compliance to help rectify this drop in revenue collection.