ISLAMABAD: The Model Customs Collectorate Islamabad has earned Rs600million extra revenue against an assigned revenue target for first seven months of FY2017-18 under the head of Customs Duty.
According to details given by Ch Zulfiqar, Collector Model Customs Collectorate (MCC) Islamabad, that, during above said period, the MCC Islamabad was allocated Rs3876million revenue target up to January 2017-18 while it generated Rs4482million of CD against an earmarked revenue target.
The Collector MCC Islamabad told CT that the collectorate has been assigned Rs684million revenue target for the entire Financial Year 2017-18. The collectorate showed 65% achievement during first seven months (July to January) 2017-18 as CD against an earmarked assigned annual target under the same head.
Ch Zulfiqar said the MCC Islamabad showed satisfactory performance during first seven months against an allocated revenue target of CD. The MCC Islamabad displayed 115.64% growth during first seven months of FY17-18 against an assigned revenue target for proportional period (first seven months) of FY17-18.
He said the Collectorate of Islamabad has been earmarked a revenue target for 3rd quarter (January to March) FY17-18 under the head of CD. The MCC Islamabad has been allocated Rs1691.30million revenue target under the head of CD for 3rd quarter. The collectorate was assigned Rs608million of CD for the month of January FY17-18, Rs490.59million under the same head for the month of February while Rs592.67million was allocated under the head of CD for the month of March FY2017-18.
Ch Zulfiqar is optimistic about surpassing the assigned revenue target for 3rd quarter under the same head.
