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Home Breaking News

Customs Central Region collects record high customs duty in nine months

byM Hayat
19/05/2022
in Breaking News, Lahore, Latest News, Slider News
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LAHORE: Customs Central Region collection up 61 per cent as compared with last year’s collection of Rs36.05 billion, and 39 per cent higher than the assigned target of Rs41.9 billion.

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Chief Collector Central Faiz Ahmed detected loopholes such as under-invoicing and mis-declaration, which resulted in a remarkable growth in collection. Chief Collector Faiz Ahmed is a very competent and well reputed officer having significant experience of Appraisement. Faiz Ahmed has also served abroad.

Collectorate of Customs Appraisement under the supervision of Collector Ambreen Tarar collected Custom duty of Rs30.5 billion, up 23 per cent compared with last year’s collection of Rs24.9 billion and 2 per cent higher than the target of Rs29.9 billion.

Faisalabad Appraisement under the supervision of Collector Sadia Muneeb collected Custom duty of Rs28.69 billion, up 135 per cent compared with last year’s collection of Rs15.25 billion and 88 per cent higher than the target of Rs15.25 billion.

During first two weeks of May, 2022, Appraisement Central collected Custom duty of Rs3.01 billion, up 164 per cent compared with May 2021’s collection of Rs1.14 billion.

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