LAHORE: Customs Air Freight Unit (AFU) Allama Iqbal International Airport (AIIA) surpassed revenue collection target of Federal Excise Duty (FED).
According to the details, Federal Board of Revenue assigned revenue collection target of Rs880 million to Air Freight Unit, while the AFU successfully collected Rs954.47 million, which is more than the assigned target.
The Customs Air Freight Unit was assigned Rs228.5 million revenue collection target for the previous Fiscal Year of 2016-17. It is necessary to mention here that Collector Customs Preventive Faiz Ahmad directed all departments to enhance revenue collection measures.
Sources revealed that the AFU adopted a comprehensive strategy to recover outstanding pending amount from defaulters. Due to this strategy there is marginable increase is being witnessed in the revenue collection of Air Freight Unit Allama Iqbal International Airport during current Fiscal Year of 2017-18.
