Contribution of Custom Duty to Total Tax Revenue of Nepal

Abstract

This research aims to find the comparative study on "contribution of custom duty to total tax revenue of Nepal". For this purpose, ten years data of custom duty from 2007/08 to 2016 are used as a sample. The secondary is used to examine the study on contribution of custom duty to National revenue. The tools used on the research are statistical tools, which are Arithmetic Mean, Standard Deviation, and Coefficient of Variation. And also used on the study is correlation analysis and trend analysis. The findings of the study show, custom duty, total tax revenue, tax revenue, GDP and total tax revenue have increasing trend. Among these, the contributed value of Total Revenue is higher and increasing in large volume year by year than total tax revenue, GDP and total indirect tax. However, the collection of total tax revenue is also good. The relation of custom duty with total revenue, total tax revenue, GDP and total indirect tax is highly correlated, which means higher the custom duty, higher will be the total revenue, total tax revenue, GDP and total indirect tax. The collection of custom duty is main source to derive the total revenue and total tax revenue in country's economic development. The performance of AAGR has fluctuating trend, it shows economic sector is not well sound in Nation But it started to make good position in coming years. Keywords: Custom Duty, Total Revenue, National Revenue .