LAHORE: Pakistan Customs Air Freight Unit at the Allama Iqbal International Airport Lahore has generated Rs848million taxes and duties only in May 2017.
The air freight unit has recovered Rs848million in the wake of taxes and duties on import of different goods from different countries to Lahore through air cargo.
The recoveries in May are Rs36million less than the given target. Target for air freight unit stood at Rs884.8million. Air freight unit failed to meet its given target.
It is pertinent to mention here that if we see the same period of the fiscal year of 2015-16, the AFU had collected Rs542.6million in May. Recoveries in May are Rs306million less than the same tenure of the Fiscal Year 2015-16.
Air Freight Unit of Allama Iqbal International Airport has a big share of collections through taxes on electronic items, mobile phones and other relevant articles.
On contact to higher authorities of the AFU by Customs Today, they said the recoveries in the last month are no doubt very alarming. Official told CT that most of the importers prefer Karachi to import their consignments due to some issues at Lahore airport.
He said that in June all records of the previous history in the wake of collections will be broken because imports are increasing nowadays.
