ISLAMABAD: The Islamabad dry port (IDP) faced shortfall of Rs119 million under the head of customs duty against assigned revenue target for the month of May.
Sources told Customs Today that Islamabad IDP was assigned Rs.373.90 million revenue collection target under the head of customs duty for the corresponding month of fiscal year 2017-18.
It is necessary to mention here that that Air Freight Unit also showed revenue collection shortfall during the said month.
Sources said that AFU earned Rs.192.66 million under head of CD against assigned revenue collection target of Rs.307.73 million
AFU received Rs12.65 million less revenue under head of CD during May against revenue collection of same correspondence period, sources said, adding that AFU Islamabad earned Rs205 million under head of CD during same correspondence period.
Sources said that AFU has suffered shortfall under head of CD due to transfer of Information Technology (IT) companies to other stations.
Another reason of shortfall was opening of New Islamabad International Airport (NIIA), they said, adding that during the shifting period from old to new airport, the importers of IT companies shifted their business to other stations.
