MULTAN: The Model of Customs Collectorate has achieved the assigned revenue collection target of customs duty (CD) during the month of September.
Sources told Customs Today, the Collectorate of Customs was assigned customs duty target of Rs482.09 million for the duration of month of September. Multan Customs surpassed the assigned customs duty revenue collection by collecting Rs501.929 million in the first 23 days of of September. The Customs Collectorate has attained almost 104 % customs duty during the first 23 days of September. Multan Customs Collectorate generated 97% revenue from clearance of High Speed Diesel (HSD) Pak Arab Refinery (PARCO) and its products.
The Customs Collectorate has collected Rs1405.082 million under the head of sales tax during the 23 days of September. The Federal Board of Revenue (FBR) has assigned Rs1294.09 million during the month of September in the on-going fiscal year 2017-18.The Collectorate of Multan Customs has collected 108 % revenue collection in 23 days of September. Multan Customs posted 8 percent growth in 23 days of September due to excess clearance of High Speed Diesel bonded clearance consignments.
Multan Customs collected Rs3.599 million federal excise duties (FED) against the assigned target of Rs15.83 million in the 23 days of September. The Customs Collectorate was assigned Rs.17.01 million under the head of income tax for the month of September. Customs Collectorate Multan made collection of Rs.2.150 million under the head of income tax during the 23 days of September. Multan Customs made overall collection of Rs1912.760 million in the first 23 days of September including customs duties, sales taxes, federal excise duties and income tax.
Multan Customs Collectorate has surpassed the customs duty and sales tax collection during the first 23 days of September due to comprehensive revenue collection strategy adopted by Collector Saud Imran Ahmed.
