ISLAMABAD: The Customs Air Freight Unit Islamabad recorded 15% growth of Customs Duty in a revenue collection against an allocated proportional revenue target for the first half of February Fiscal Year 2017-18.
According to details given by Nisar Ahmad Phularwal, Additional Deputy Collector Air Freight Unit (AFU) Islamabad, that, during above said period, the AFU received Rs18.42million extra revenue under the head of CD against an earmarked proportional revenue target. The AFU generated Rs137.48million revenue of CD against an assigned proportional revenue collection target of Rs119.06million.
The additional collector told Customs Today that, during first half of February FY17-18, the AFU showed 80% increase against the same period of corresponding FY16-17. It was told that the AFU earned Rs61.13million of extra revenue during the first half of February FY17-18 against the same previous period of FY16-17. The AFU collected Rs76.35million as CD during 1st to 15th of February FY16-17.
Nisar informed CT that the AFU was allocated a revenue collection target of Rs222.24million of CD for the entire month of February FY17-18 whereas it earned Rs7.26million under the same head on the day of 15th of February FY17-18.
It is expected that the AFU will not only meet the earmarked revenue collection target for the month of February FY17-18 but will also surpass it with the handsome amount of Customs Duty.
