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revenue - currency

Air Freight Unit Islamabad collects marginal Customs Duty of Rs57m during 15 days

byTariq Derya
22/01/2018
in Islamabad, Latest News
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ISLAMABAD: The Customs AFU Islamabad generated Rs57million of a smaller amount of Customs Duty against an assigned proportional revenue collection target for first half of January FY17-18.

According to details explained by official sources of the Air Freight Unit (AFU) Islamabad that the revenue performance showed slightly downward trend during first half of current January FY17-18. The AFU earned Rs75.97million as Customs Duty (CD) against an allocated revenue target of Rs133.31million.
The AFU showed earmarked revenue collection target of Rs275.50million as CD for the month of January FY17-18. The AFU posted 25.57% average of achievement during first half of January FY17-18 against a monthly revenue target.
The AFU earned Rs111.51million of revenue under the same head during first half of corresponding January FY16-17. The AFU generated Rs35.54million of extra revenue during previous January FY16-17 against the collection of first half of January FY17-18.
The Customs AFU Islamabad got an extra revenue of above Rs200million of Customs Duty during 2nd Quarter Financial Year 2017-18 against an assigned revenue collection. The AFU received Rs915.888million against an earmarked revenue collection target of Rs714.87million while AFU earned Rs505.00million under the same head during 2nd Quarter of FY2016-17.
During 2nd Quarter FY2017-18, the AFU generated 382.64% average of growth against an allocated revenue collection target of CD whereas, during 2nd Quarter FY2017-18, the AFU exhibited 383% average of growth against a revenue collection of previous 2nd Quarter FY16-18.
During the month of December FY17-18, AFU received Rs366million as CD while it was earmarked Rs270million of revenue target. The AFU got Rs284million of CD during the month of November FY17-18 against an allocated target of Rs228million whereas the AFU earned Rs264million under the same head during October FY2017-18 against an earmarked target of Rs215million as CD.

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