LAHORE: Collectorate of Customs Apprasiment has collected Rs 36,651 million against the revenue collection target of Rs 33,779 million for the financial year 2016-17 (July to January).
The Collectorate of Appraisement is being headed by Collector Muhammad Sadiq and the collectorate is responsible for collecting all the duty and taxes on goods and articles cleared in Lahore.
As per details the Collectorate of Customs Appraisement has collected Rs 13,501 million on account of customs duty against a target of Rs 11,581 million from all the dry ports while the Collectorate collected Rs 3,749 million withholding tax (WHT) from all the ports against the target of Rs 3,765 million for the period.
On the other hand the Collectorate has collected Rs 19,315 million under the head of sales tax against Rs 1,8351million target of sales tax collection for the financial year 2016-17.
Similarly, the Collectorate collected Rs40 million federal excise duty (FED) against the proposed target of Rs 100 million collected during the seven months of the financial year 2016-17.
On the whole the collectoarte of Customs Appraisement collected Rs 36,651 million exceeding the target of all duty and taxes by 9 percent against the assigned target for the period under review.
