Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Sialkot Customs generates Rs10.46m as customs duty in Dec

bySaleem Awan Sheikhu
06/01/2017
in Latest News, National
Share on FacebookShare on Twitter

SIALKOT: The Model Customs Collectorate has collected Rs10.469 million in the wake of import, rebate and export duties.

Sources told Customs Today that the department has surpassed revenue target under the head of customs duty made by during the last year to the tune of Rs8.533 million. Sialkot region had collected Rs29.65 million as customs Import duty during December 2016 which is Rs5.31 million more than the Rs3.333 million collection of the same period of last year, 2015.

You might also like

PRA collects over Rs250 billion in nine months of FY-2026

16/04/2026

Pakistan receives funds of $2b from Saudi Arabia

16/04/2026

Sources added that Sialkot Customs collected Rs8293.1 million as export duty whereas Rs60 million cheques issued to exporters. The department was striving to achieve the revenue collection target under all heads for the running fiscal year 2016-17.

Sources also denied the impression that customs officials received customs duty in advance from the importers in order to meet the targets. Federal Board 0f Revenue (FBR) has to revise the revenue collection targets sometimes keeping in view the unfavourable circumstances, adding that tax collection was increasing every year due to effective policies of the department. Collection of said revenue is much better as compare to first four months of current fiscal year.

Sources told that the export and import from Sialkot dry port trust is increasing day by day and it will much better. Sources told that the department making good name in collection of revenue and achieving target. Customs Collector Ahmed Reza Khan and other officers taking keen interest to achieve target whereas fruitful results are observing day by day.

Related Stories

PRA collects over Rs250 billion in nine months of FY-2026

byCT Report
16/04/2026

LAHORE: The Punjab Revenue Authority has released data for tax collection during the first three quarters of the current fiscal...

Pakistan receives funds of $2b from Saudi Arabia

byCT Report
16/04/2026

KARACHI: State Bank of Pakistan has received funds of $2 billion from Ministry of Finance of Saudi Arabia. SBP shared...

IMF chief credits Pakistan’s strong programme implementation for economic stability

byCT Report
16/04/2026

WASHINGTON: The International Monetary Fund’s (IMF) chief, Kristalina Georgieva, has credited Pakistan’s strong implementation of its IMF programme for maintaining...

Pakistan, ADB agree to strengthen cooperation in Washington talks

byCT Report
16/04/2026

WASHINGTON: Pakistan and the Asian Development Bank (ADB) have agreed to further strengthen cooperation between the two sides, it was...

Next Post

Rs5b tax collected from retailers

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.