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Home Islamabad

Customs surpasses revenue target for the month of January

byTariq Derya
30/01/2017
in Islamabad, Latest News
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ISLAMABAD: The Model Customs Collectorate exceeded the assigned revenue target for the month of January 2017. The Collectorate has collected Rs959.65 million in 25 days of January whereas its assigned target was Rs910.48 million.

Collector Dr. Arslan told Customs Today that during the above said period the Collectorate shown outstanding performance and successfully surpassed the assigned target for the month of January 2017. The Collectorate has collected an excess amount of Rs49.17 million before the month ends.

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Dr. Arslan said that the Collectorate collected Rs463.22 million in head of customs duty adding that the revenue of Rs7.75million was collected under head of federal excise duty.

He added that during the above said period the Collectorate collected Rs331.61 million under head of sales tax as well as collected revenue Rs156.79 million under head of income tax.

Collector Dr. Arslan said that he is optimistic that the customs will successfully achieve the assigned target for the current financial year 2016.17.

Meanwhile, the Peshawar Customs Collectorate, Torkham station collected revenue Rs219.79 million during first 15 days of January of financial year 2016-17 in head of all duties and taxes.

Additional Collector Peshawar Fazal-e-Samad told Customs Today that during the above said period the Customs Torkham collected revenue Rs39.16 million under head of customs duty, revenue Rs0.12 million under head of various taxes and surcharges and revenue Rs1.21 million under head of redemption duty on imports.

Fazal-e-Samad said that during above said period the Customs Torkham collected revenue Rs2.54 million in head of extra development Surcharge, revenue Rs76.08 million under head of sales tax adding that the station collected revenue Rs9.93 million in head of sales tax on imports.

Additional Collector said that during first 15 days of January the customs collected revenue Rs50.59 million in head of additional income tax as and revenue Rs40.16 million in head of additional income tax on imports.

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