FAISALABAD: The Model Customs Collectorate Appraisement collected Rs897.376million revenue during the second month of February of Fiscal Year 2018 against the set target of Rs870.40million. So the collectorate remained plus with Rs27million.
The Customs Appraisement generated customs duty (CD), sales tax (ST), income tax (IT) and federal excise duty (FED) during the above said period. According to a statistical data available with Customs Today, it received Rs278.434million as customs duty (CD) against the allocated target of Rs279.79million.
The Model Customs Collectorate, Appraisement Branch, assigned the revenue collection target of Rs576.58million as sale tax and collected Rs610.094million. It earned Rs8.808millions of income tax during the above said period against the earmarked target of Rs13.96million. It collected Rs0.040million as federal excise duty (FED) against the assigned target of Rs0.07million.
Customs Appraisement Collector Doctor Asif Mehmood Jah says that his department has already issued notices to a number of tax defaulters in the recent months asking them to clear the outstanding tax dues at the earliest to avoid stern action.
