ISLAMABAD: The Customs Air Freight Unit Islamabad collected Rs102million extra revenue of Customs Duty against an allocated proportional revenue target of 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 the AFU received Rs271million of CD against an assigned proportional revenue target of Rs169million during first three weeks of December FY 17-18. The AFU earned Rs143million under the same head during the same period of corresponding FY16-17.
The AFU showed 108% of achievement during 21 days of December FY17-18 against an earmarked revenue collection target of December FY17-18. He added that the AFU reflected 160% growth against an allocated proportional revenue target under the head of CD. He notified the correspondent that the AFU was assigned a revenue collection target of Rs250million as CD for the month of December FY17-18. This target has not only been achieved in 21 days of the current month but it has also surpassed the allocated target before ending of the month. The AFU Islamabad collected Rs34.08million extra revenue against an earmarked revenue collection target of November FY17-18. The AFU was assigned a high target for FY17-18 against the previous FY16-17.
During the month of November FY17-18, the AFU got surplus amount against an allocated revenue collection target under the head of CD. He informed CT that, during said period, the AFU earned surplus revenue of Rs255.06million as CD while it was earmarked Rs228.61million target of CD for the month of November FY17-18.
The AFU Islamabad was earmarked Rs456million an additional revenue collection target as Customs Duty (CD) during FY17-18 against the corresponding FY16-17. The AFU was assigned a revenue collection target with the amount of Rs3109million of CD for FY17-18 while it was allocated Rs2653million under the same head for FY16-17.
The Additional Collector further told the correspondent that, during 1st Quarter (July to September) FY17-18, the AFU Islamabad was earmarked a revenue collection target of Rs488.87million while it was assigned Rs457.68million as CD during 1st Quarter FY16-17. During 1st-Q FY17-18, the AFU was allocated Rs31.19million revenue collection target against 1st-Q of previous Financial Year 2016-17.
During the month of September FY17-18, the AFU was eamarked Rs154.77million as CD while it was assigned Rs143.27million revenue collection target under the same head for corresponding September FY16-17. The AFU generated Rs11.5million high revenue collection target during September FY17-18 under the head of CD against the same period of previous FY16-17.
