KARACHI: Customs Appraisement South have collected Rs2.25 trillion during fiscal year ended June 30, 2024, which is around 53 percent higher than the cumulative Appraisement South revenue collection of Rs1.7 trillion.
Collector Port Qasim Rashid Habib assisted by Additional Collectors Basit Hussain, Riaz Hussain and Amanullah Soomro showed outstanding performance to achieve assigned target for Fiscal Year 2024 and generated 53 percent higher revenue.
According to the details, customs duty collection during the year stood at Rs741 billion compared with Rs630 million in the previous year. Customs Appraisement East topped the list with Customs duty collection of Rs281.8 billion for the year ended June 30, 2024, which is 30.5 percent higher than Rs216.2 billion collected in the previous year.
Customs Appraisement West collected CD of Rs180.7 billion in FY24, up 33% from Rs136.2 billion previous year. Port Qasim collected CD of Rs278.5 billion in FY24, compared with Rs277.8 billion previous year.
Similarly, total Sales Tax collection during the year stood at Rs1.5 trillion, up 14 percent compared with Rs1.38 trillion in the previous year. Customs Appraisement East reported ST collection of Rs606.36 billion for the year ended June 30, 2024, which is 29 percent higher than Rs469.8 billion collected in the previous year. On standalone basis, Appraisement East collected sales tax of Rs241 billion and SAPT collected duty of Rs365.3 billion.
Customs Appraisement West collected sales tax of Rs301.19 billion in FY24, up 31% from Rs230.5 billion previous year. Port Qasim collected ST of Rs673.2 billion in FY24, compared with Rs681.1 billion previous year.
