Customs Appraisement collects Rs63372m duty, taxes in eleven months of FY 2016-17

LAHORE: Collectorate of Customs Appraisement has collected Rs63372 million duty and taxes during eleven months of financial year 2016-17 against the assigned target of Rs64938 million for the period under review.

The Collectorate collected Rs23943 million under the head of customs duty (CD) during the first 11 months till May  while it collected Rs 33271 million sales tax (ST) during the period under review against the assigned target of Rs34960.

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Similarly the Collectorate collected Rs 6102 million withholding tax (WHT) during the 11 months against the assigned target of Rs6388 million while it collected Rs55 million federal excise duty (FED) from July 2016 to May 2017 financial year 2016-17.

Over all the Collectorate collected Rs 63372 million duty and taxes during the first 11 months of financial year 2016-17.

The sources told Customs Today Collector Appraisment Jamil Nasir has instructed all the staff from top to bottom to put maximum efforts to meet financial year’s targets.