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Home Islamabad

Customs North Region earns relative profit of Rs98m from all duties & taxes

byTariq Derya
18/04/2018
in Islamabad, Latest News
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ISLAMABAD: The Customs North Region fetched an extra revenue of Rs98million under the head of all duties and taxes during first half of April FY17-18 against the same corresponding FY16-17.

According to details explained by official sources of the Chief Collector Office Islamabad that the North Region, which comprises Model Customs Collectorate (MCC) Islamabad, Peshawar, Sialkot and Gilgit-Baltistan (GB), received Rs1214.28million of revenue under all the heads during first half of April FY17-18 against a revenue collection of Rs1116.33million during the identical previous period.
The sources told CT that the MCC Islamabad generated Rs716.02million under all the heads during first half of April FY17-18 against the collection of Rs552.33million under the same heads during the identical corresponding FY16-17. The MCC Peshawar earned Rs497.72million of all taxes during 1st to 15th of April FY17-18 against a revenue collection of Rs562.13million during the same corresponding duration.
During first half of April FY17-18, the MCC Samberial collected Rs0.54million under all the heads during first half of FY17-18 while it did Rs1.87million as all taxes during the same previous period. The Customs Collectorate of GB is still closed and will reopen at the end of April FY17-18.
The North has been allocated Rs2999.09million of revenue collection target for the month of April FY17-18. The Customs North Region has to earn Rs1784.81million under all the heads during the next half month (16th to 30th) of April FY17-18.

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The North Region has shown 8.77% difference by revenue collection during first half of April FY17-18 against the identical previous FY16-17 whereas the North has shown -59.51% percent growth during first half of April against an assigned revenue collection target for the entire month of April FY17-18.

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