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Home Breaking News

Appraisement-West again exceeds target by Rs 1.87 billion in May, collects Rs 20b

bySohail Rab
02/06/2015
in Breaking News, Karachi, Latest News, Slider News
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KARACHI: The Model Customs Collectorate Appraisement-West has collected total revenue of Rs 20.492 billion in May, 2015 against the set target of Rs 18.622 billion with the surplus of Rs 1.87 billion under all revenue heads including custom duty, sales tax, income tax and federal excise duty.

According to revenue statistics, the Appraisement-West has collected Rs 7.052 billion in the share of custom duty against the set target of Rs 7.702 billion with a slight difference of Rs 650 million.

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The collectorate has collected Rs 9.594 billion in wake of sales tax against the set target of Rs 7.953 billion with an increase of Rs 1.641 billion.

The Appraisement-West has collected Rs 3.666 billion in share of income tax in May against the set target of Rs 2.851 billion with an increase of Rs 815 million.

The collectorate has collected revenue of Rs 181 million in share of federal excise duty against the set target of Rs 115 million with a sharp increase of Rs 66 million.

It is pertinent to mention here that the Appraisement-West has had continuously surpassing the revenue targets set by the FBR throughout the fiscal year2014-15.

Chief Collector Appraisement-South, Nasir Masroor Ahmed and the Collector Appraisement-West, Muhammad Saleem are quite satisfied with the performance of the officials/officers of the collectorate in connection with the revenue collection in the month of May-2015 while they stressed upon the authorities concerned of the collectorate to expedite the pace of revenue generation further for getting more effective results.

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