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Home Islamabad

MCC Islamabad shows reasonable earning by collecting Rs150m revenue

byTariq Derya
15/12/2017
in Islamabad, Latest News
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ISLAMABAD: The Model Customs Collectorate Islamabad earned extra revenue of Rs150million under all the heads against a proportional revenue target during the first two weeks of Fiscal Year 2017-18.

According to details given by Saeed Khan Jadoon, Collector Model Customs Collectorate (MCC) Islamabad, that, during above said period, the collectorate showed satisfactory performance. The collectorate received Rs672.31million against an assigned proportional revenue target of Rs503.53million under all the heads. The MCC Islamabad generated Rs518.61million under the same heads during the first two weeks of corresponding FY 16-17.
The collector told CT that, during the first two weeks, the collectorate collected Rs305.73million of Customs Duty (CD) whereas it was assigned a proportional revenue target of Rs212.88million. The collectorate got Rs176.52million under the same heads during the first two weeks of previous FY16-17.
Saeed Khan Jadoon told correspondent that the collectorate earned Rs263.58million as Sales Tax (ST) against an allocated proportional revenue target of Rs190.61million. He notified CT that the collectorate generated Rs238.2million of ST during the same period of corresponding December FY16-17.
The collectorate received Rs97.92million of Income Tax (IT) against an earmarked proportional revenue target of Rs97.88million during the first two weeks of December FY17-18 while the collectorate got Rs101.50million as IT during the same period of previous FY16-17.
The Collector MCC Islamabad said that the MCC Islamabad collected Rs5.09million of Federal Excise Duty (FED) against an assigned proportional revenue target of Rs2.16million during the first two weeks of December FY17-18 whereas the collectorate earned Rs2.27million as FED during the same period of corresponding FY16-17.

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