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Home Islamabad

Customs North Region earns Rs1m more revenue than allocated target in 30 days

byTariq Derya
01/02/2018
in Islamabad, Latest News
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ISLAMABAD: The Customs North Region generated an extra revenue of Rs1million within 30 days of January FY17-18 against an earmarked revenue collection target under all the heads for the entire month.

According to details explained by official sources of the chief collector office Islamabad that the North Region, which comprises Collectorates of Islamabad, Peshawar, Sambrial and Gilgit-Baltistan (GB), received a revenue of Rs2875million under all the heads during 30 days of January while it was allocated Rs2874million revenue target.
The North Region proved 0.03% of difference under all the heads in 30 days of January against an assigned revenue collection target for the whole month. The North earned Rs600million additional revenue during 30 days of January FY17-18 against the full month of January FY16-17. The North collected Rs2249million under all the heads during January FY16-17.
The Customs North Region got an extra revenue of Rs6752million under all the heads against an earmarked revenue collection target for the first half (July to December) FY17-18 while it generated Rs7591million extra revenue during first half of FY17-18 under the same head against the same corresponding period FY16-17.
It was disclosed that the North received Rs24281million of revenue under the head of all taxes while it was allocated Rs17529million of revenue during first half of FY17-18. The North earned Rs16890million under the same head during the same period of previous FY16-17.
The sources told CT that North Region showed 138% of achievement against an assigned revenue target for first six months of FY17-18. It was added that the North proved 143% of growth under all the heads during first half of FY17-18 against a revenue collection during the same period of corresponding FY16-17.

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