LAHORE: The Pakistan Customs Air Freight Unit at Allama Iqbal International Airport has recovered Rs 6.61 billion from 1st July 2016 to 31st of May 2017.
Sources told Customs Today that Customs Air Freight Unit Lahore has recovered Rs 6.6 billion in the wake of taxes and duties on import of different goods from different countries to Lahore via air cargo.
Earlier during the same period of the fiscal year of 2015-16, AFU Lahore has collected Rs5.92 billion from 1st July to May end. Air Freight Unit has recovered Rs 69 million extra than the same period of the previous fiscal year of 2015-16.
Sources said that recovery for the month of May is Rs 36 million less than the assigned target. Target for Air Freight Unit was standing at Rs 884.8 million. Air Freight Unit was failed to meet their given target.
It is pertinent to mention here that in the same period of the fiscal year of 2015-16 AFU had collected Rs 542.6 million in month of May. Recoveries in this May are 306 million less than the same tenure of the fiscal year of 2015-16.
Air Freight Unit Allama Iqbal International Airport has big share of collections via taxes on electronic items, mobile phones and other relevant things.
He said that in June all records of the previous history in the wake of collections will be broken because imports are increasing nowadays.
