ISLAMABAD: The Air Freight Unit received Rs.272.14 million extra revenue against assigned proportional revenue target for November Financial Year 2017-18 under head of all duty taxes.
According to details told by sources of Air Freight Unit (AFU) that AFU showed satisfactory performance during 29 days of November FY17-18 against assigned proportional revenue collection target, the sources explained that during 29 days the AFU earned Rs.859.39 million of revenue under head of all duty taxes whereas the AFU was assigned proportional revenue target Rs587.25 million under same head.
The sources notify that during the above said period the AFU was assigned revenue collection target of Rs.220.98 million under head of customs duty (CD) while it was received Rs.255.06 million collection against the target, sources added that the AFU earned extra revenue against assigned target amounting Rs.34.08 million under head of CD during 29 days of November FY17-18.
The AFU was earned Rs.401.68 million under head of Sales Tax (ST) against assigned revenue target Rs.243.02 million under head of ST during 1st to 29th November FY17-18, the sources added that during said period the AFU was earned extra revenue Rs.158.66 million under same head during above said period.
Sources notify that during 29 days of November FY17-18 the AFU was earned Rs.202.65 million under head of Income Tax (IT) whereas it was assigned proportional target Rs.123.25 million under head of IT, the sources was added that AFU was surpassed assigned revenue target with amount of Rs.79.04 million.
The sources told that AFU will not only achieved the assigned revenue target for 2nd Quarter FY17-18 whereas it will be earned extra revenue during said period under all heads.
