ISLAMABAD: The Customs Air Freight Unit Islamabad achieved 108.62% average of growth against an assigned proportional target of Customs Duty for three weeks of December Fiscal Year 2017-18.
According to details explained by Nisar Ahmed Phullerwan, Additional Collector, Air Freight Unit (AFU) Islamabad while talking with Customs Today that, during first three weeks of December FY17-18, the AFU received surplus revenue. The AFU was assigned a proportional revenue collection target of Rs169million while it generated Rs271million as Customs Duty (CD). He told the correspondent that the AFU received extra revenue of Rs102million as CD against an allocated revenue collection target for above said period.
Additional Collector notified the correspondent that the AFU earned Rs143 million of CD during the same period of corresponding 1st of December to 21st of December FY16-17. The AFU was earmarked a revenue target for the month of December FY17-18 amounting to Rs250million of CD.
Nisar informed CT that AFU Islamabad collected Rs34.08million of extra revenue against an assigned revenue collection target for the month of November Fiscal Year 2017-18. The AFU was allocated a higher target for Financial Year 2017-18 against the previous FY16-17.
During the month of November FY17-18, the AFU earned a surplus revenue against an earmarked revenue collection target of CD. During above said period, the AFU got extra revenue of Rs255.06million as CD while it was allocated Rs228.61million of target under the head of CD for November FY17-18.
