ISLAMABAD: The Air Freight Unit Islamabad achieved the assigned target of the whole month of October Financial Year 2017-18 under the head of Sales Tax in just first 10 days.
According to details given by Nisar Ahmad Phullerwan, Additional Collector Air Freight Unit (AFU) Islamabad, that the AFU earned revenue of Rs211.45million during the initial 10 days of October FY17-18 against the allocated revenue target of Rs172.63million.
He told that the AFU will collect extraordinary revenue under above said head during the current month. During the first 10 days of October FY17-18, the Additional Collector told CT that the AFU collected surplus Customs Duty as well during 10 days of October FY17-18.
The AFU received Rs87.55million of CD while it was assigned revenue collection target of Rs76.60million. During said period, the AFU got Rs10.95million extra revenue under all the heads against the earmarked proportional revenue target for 10 days of October FY17-18.
Nisar told CT that, during initial 10 days of October FY17-18, the AFU generated Rs79.90million as Income Tax (IT) against the allocated proportional revenue collection target of Rs43.00million. The AFU was earmarked the revenue collection target of Rs120.49million for the month of October FY17-18 under the head of IT.
During 1st-Quarter FY17-18, the AFU got Rs488.87million as CD whereas it was assigned revenue collection target of Rs583.53million under the same head for the 1st-Quarter FY17-18. The AFU was allocated the revenue collection target of ST of Rs663.15million while it earned Rs761.08million against the assigned revenue collection target. The AFU got extra revenue of Rs97.93million against the assigned revenue collection target of ST for the 1st-Quarter FY17-18.
The sources added that the AFU received Rs392.36million of IT against the allocated revenue target of Rs341.88million under the same head during the 1st-Quarter FY17-18. The AFU collected extra revenue amounting to Rs50.48million against the assigned revenue target of IT for said period.
