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All MCC Islamabad stations post Rs71m additional CD during 11 days of October

byTariq Derya
16/10/2017
in Illustrations, Islamabad, Latest News, Today's Cartoon
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ISLAMABAD: All the stations of the Model Customs Collectorate Islamabad received Rs71.00million surplus revenue of Customs Duty during initial 11 days of October Financial Year 2017-18 against the same period of last financial year’s collection.

According to details explained by Additional Collector Shahid Jan that the customs stations, working under Model Customs Collectorate (MCC) Islamabad, comprise Islamabad Dry Port (IDP), Air Freight Unit (AFU), C. Bond, Unaccompanied Baggage (UAB), Accompanied Baggage (AB) and Rebate Refunds.
During initial 11 days of October FY17-18, the IDP earned Rs100.60million as Customs Duty (CD) while it did Rs64.41million of CD during the same period of FY16-17. The AFU generated Rs87.55million as CD during 11 days of October FY17-18 against the collection of Rs52.43million during the same period of FY16-17 of CD.
The Additional Collector told CT that, during above said period of FY17-18, the Bond Section collected Rs0.15million as CD whereas it did Rs0.79million during the same period of FY16-17 under the head of CD. The UAB got Rs0.14million against Rs0.79million under the same head of corresponding period while AB did Rs0.70million of CD against Rs0.72million during 11 days of October in the last Financial Year 16-17 whereas Rebate Section paid rebate refunds to exporters worth Rs5.04million during first 11 days of October FY17-18 against the paid rebate refunds of Rs5.00million during the same period FY16-17 under the head of CD.

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