ISLAMABAD: The Dry Port Margallah received Rs11.54million of extra revenue during four weeks of January FY17-18 against an allocated proportional revenue collection target of Customs Duty (CD).
According to details given by sources of Islamabad Dry Port (IDP) that it earned Rs324.45million during 1st to 28th of January 2017-18 while it was assigned Rs312.91million proportional revenue target under the head of CD. The IDP generated 104% average of achievement against a proportional revenue collection target.
It was told that the IDP was earmarked Rs334.49million as CD for the month of January FY17-18. The IDP showed 97.00% average of growth during four weeks of January FY17-18 against the monthly revenue target.
Sources told CT that the IDP generated a two-time high revenue against an earmarked revenue for the month of December FY 2017-18. It collected a surplus revenue of Rs843million against an allocated revenue collection target of Customs Duty during the month of December FY 2017-18.
The IDP not only surpassed the assigned revenue collection target for the month of December FY17-18 but also gained an extra revenue against an allocated revenue collection target for 2nd Quarter (October to December) FY17-18. The IDP collected a two-time extra revenue against the earmarked revenue target under the head of CD for the month of December FY17-18.
It was told that, during the month of December FY17-18, the IDP received Rs1276.06million of revenue as CD against an assigned revenue collection target of Rs323.80million. The IDP generated Rs307.97million as CD during last December of FY16-17. The IDP collected an extra revenue of Rs968.09million against a revenue collection during corresponding month of December FY16-17.
