PESHAWAR: The Model Customs Collectorate Peshawar has collected Rs528.88million extra revenue during 23 days of October against Rs987.99million generated during the same period of time in previous FY2016-17, said by Customs official on Monday while talking to Customs Today at the Customs House Peshawar.
The sources told Customs Today that Rs1516.87million has been received in 23 days of October, which is more than the revenue generated in the same period of time during previous Financial Year.
The Peshawar Collectorate, which consists of nine customs stations, has showed extraordinary increase in the revenue collection during the current FY, which will lead the Peshawar Customs to surpass the revenue collection target of the current FY.
The MCC Peshawar got Rs473.52million CD in 23 days of October for which the Peshawar Collectorate has strived to plug the revenue leakages. In the same manner, the MCC Peshawar collected Rs376.11million ST during 23 days of October in the current FY 2017-18.
The MCC Peshawar generated Rs123.11million revenue from ST on VM Palm Oil and Rs52.66m revenue from ST on VM Imports. The collectorate received Rs330.29million revenue by net A.I.T in which Rs145.75million was got by A.I.T exports. The Peshawar Customs has collected Rs15.43million as Federal Excise Duty in first 17 days of October.
Talking to Customs Today on Monday, Collector Customs at MCC Peshawar Gul Rahman said that still there are issues, which need to be solved in order to enlarge the revenue collection amount of Peshawar Model Customs Collectorate. Torkham Customs Station has collected a net revenue of Rs558.12million during first 23 days of the current FY which shows the importance of trade done with Afghanistan, he added.
