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Customs Appraisement posts 21 revenue collection growth in Q1

byM Hayat
09/10/2017
in Lahore, Latest News, Slider News
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LAHORE: Collectorate of Customs Appraisement has collected Rs1840 million posting a growth of 21 percent revenue in collection including customs duty, withholding tax (WHT), sales tax (ST) and federal excise duty (FED).

According to the detail, the collectorate collected Rs 6370 million on account of customs duty while on account of withholding tax Rs 1898  were collected  from all the stations during the first quarter July to September of current Financial Year 2017-18.

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The Collectorate on the other hand collected Rs10322 million  on account of sales tax for the period under review.

Similarly the Collectorate collected Rs9.58 million on account of federal excise duty for the period from July to September 2017-18.

Overall the Collectorate collected Rs1840 million posting a growth of 21 percent in revenue collection including all taxes which includes customs duty, withholding tax, sales tax and federal excise duty (FED).

Sources said that the Collector of Customs Appraisement Lahore Jamil Nasir has taken a number of measures to increase revenue collection growth and facilitate the businessmen at the dry ports in Lahore.

He also visited chambers and associations urging them to get their business goods and article cleared from the ports under the domain of the Collectoarte of Customs Appraisement Lahore.

 

 

 

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