FBR assigns Rs3680.21m collection target for May to Multan Customs

MULTAN: The Federal Board of Revenue (FBR) has assigned Rs3680.21 million revenue collection target for the month of May 2017-18 to Multan Customs Collectorate.

Multan Customs has been allocating different revenue collection tasks under the head of customs duty, sales tax, federal excise duty (FED) and withholding taxes (WHT) for the on-going month of May 2017-18.

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Multan Customs Collectorate has been given customs duty revenue collection target of Rs874.02 million for May. The Customs Collectorate was assigned Rs2786.32 million target for the collection of sales tax for the month of May.

The Federal Board of Revenue has assigned collection task of federal excise duty (FED) of Rs8.57 million for the month of May. Multan Customs set income tax target of Rs11.30 million for the period of May 2017-18.

The Customs Collectorate has been assigned these monthly revenue collection tasks for the second month of the fourth quarter of the existing fiscal year from Federal Board of Revenue.