ISLAMABAD: The Customs Collectorate compensated the exporters with extra amount of Rs1.00 million against assigned rebate target under the head of customs duty during the month of November Financial Year 2017-18.
According to details told by Collector Saeed Khan Jadoon MCC was assigned Rs.20.00 million of target under head of CD on rebate refunds while it was paid Rs21.00 million rebates under the same head during the month of November FY17-18. The collector notified that during the same period of correspondence November FY 2016-17 the Collectorate was paid rebate refunds amounting to Rs.9.34 million.
The Collector MCC Islamabad had furnished a policy to pay pending Rebate Refunds those were pending since 2013 to 2014. The Collectorae will be complete pending cases up to 2014 till 31st December 2017and pending rebates till 2015 will be cleared till end of Financial Year 2017-18, he was added that the Collectorate will paid more than Rs20 million rebates refunds to exporters during month of October Financial Year 2017-18.