KARACHI: Customs Collectorate of Appraisement-East, under the dynamic leadership of Collector Appraisement East Majid Yousfani, has already surpassed the monthly target of Rs19.5 billion set by the Federal Board of Revenue (FBR) for March 2016.
According to sources, Customs Appraisement-East has surpassed the monthly revenue target of Rs 19.5 billion set by the FBR by collecting Rs 23 billion until March 28.
Sources informed Customs Today that the Customs Appraisement-East had achieved the monthly target on 25th of March 2016 while it increased further to Rs 21 billion by the end of Monday.
Source said it is sheer probability that the Customs Appraisement -East will collect more Rs 2 billion in remaining two last days of the month of March 2016 resulting in the total collection for the month of March 2016 up to Rs 25 billion. Meanwhile, FBR has already notified that that all the field offices will remain open and observe extended working hours till 8pm on Wednesday, March 30, 2016 and till 10pm on Thursday March 31, 2016 for collection of duties and taxes.
The Customs Appraisement -East has collected revenue around Rs 23 billion till to date all together in the share of custom duty, sales tax, withholding tax and federal excise duty during the month of March 2016 against the target of Rs 19.5 billion.
It is pertinent to mention here that the Customs Appraisement-East throughout the fiscal year 2015-16 had almost achieved the revenue targets every month set by the FBR.
