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Home Breaking News

Collector Arslan’s Customs nails down Rs 16.16b revenue target

byTariq Derya
07/07/2016
in Breaking News, Islamabad, Latest News, Slider News
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ISLAMABAD: Under the supervision of Collector Dr Arslan Subuctageen, the Model Customs Collectorate has not only achieved its annual target of revenue collections but also surpassed it by Rs 1.26 billion.

According to the details, the collectorate generated Rs 17.42 billion under the head of customs duty, sales tax and federal excise duty (FED) against the set target of Rs 16.16 billion for fiscal year 2015-16. It also marked growth in revenue collection over the previous fiscal year 2014-15.

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Collector Arslan said, “this is the highest ever collection of revenue under the head of customs duty, sales tax and FED by the Islamabad Customs”.

On showing outstanding performance in generating revenue during the outgoing fiscal year, Federal Board of Revenue (FBR) Chairman Nisar Muhammad Khan, Customs Member Nasir Masroor, North Region Collector Sarwat Tahira have extended congratulation to Islamabad Customs Collector Dr Arslan.

Meanwhile, the collector has also appreciated the performance of all officers who work hard throughout the year to make the collectorate distinguished among other regions. He also hailed their strategies adopted to meet the revenue targets.

On this occasion, the collector also lauded the efforts made by lower staff in order to implement the strategies that made it possible for the collectorate.

The Islamabad Customs nailed down the customs duty target of Rs 5,845.32 million, sales tax target of Rs 6,788.08 million and also the target of FED. It generated Rs 7151.58 million in the wake of sales taxes during the year. In this way, the collectorate exceed its entire set target of duty/taxes.

Collector Dr Arslan appreciated the performance of Islamabad Dry Port Assistant Collector Amanat Ali Khan, Air Freight Unit (AFU) Additional Collector Khawaja Naeem and other staff of Customs Preventive, Anti-Smuggling Organisation (ASO).

The officials said that the collectorate will continue its working to bust the smuggling attempts in the region saving the national economy.

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