ISLAMABAD: The Customs Station Air Freight Unit (AFU) Islamabad has surpassed the assigned revenue target for the month of March FY2016-17 with collection of Rs275million. The target was surpassed in 21 days (1st to 21st March) under the head of Sales Tax (ST).
According to Deputy Collector AFU Shahid Jan, the performance of the AFU has been satisfactory during March FY16-17 as the collectorate was assigned Rs270million Sales Tax (ST). The target was surpassed because the holidays of China has ended and imported consignments start arriving at the AFU Islamabad. The AFU is also surpassing the assigned target because the Pakistan International Airline has paid its pending installments of Rs50million under the head of Sales Tax (ST) during March FY16-17.
During the visit of Chief Collector (North) Sarwat Tahira Habib last week, she stressed the need for focusing on collection of With Holding Tax (WHT). Shaihd Jan added that under the guidelines given by Chief Collector, the AFU has collected Rs140.00million WHT during the first 21 days of March FY2016-17. The AFU was assigned revenue collection target of Rs155.00million for March. The deputy collector is optimistic that the AFU will surpass the assigned target of WHT for current month.
The AFU collected Rs165 million Customs Duty during 21 days of current month March FY16-17 as the AFU was assigned the collection target of Rs225million for the running month. Shahid Jan said the AFU will easily surpass the CD collection assigned by the Collector MCC Islamabad during March FY2016-17.
