ISLAMABAD: The Model Customs Collectorate Islamabad received an extra revenue of Rs209million against an assigned proportional revenue target under all the heads during a half month of December Financial Year 2017-18.
According to details explained by Additional Collector Nisar Ahmad Phullarwal of the Model Customs Collectorate (MCC) Islamabad that, during 1st December to 15th of December Financial year (FY) 2017-18, the collectorate got Rs880million against an allocated revenue target of Rs671million of all taxes. During the same period of corresponding FY16-17, the collectorate earned Rs714million under all the heads.
He told correspondent that the collectorate was earmarked an revenue collection target of Rs1300million for the month of December FY17-18 under all the heads whereas the Collectorate of Islamabad displayed 67.66% average of achievement against an assigned monthly revenue target under all the heads.
Additional Collector informed CT that, during above said period, the MCC generated Rs366million against an allocated proportional revenue target of Rs283million as Customs Duty (CD) while the collectorate received Rs268million under the same head during the same period of previous FY16-17.
Additional Collector said that the Collectorate of Islamabad collected Rs368million against an earmarked revenue target of Rs254million as Sales Tax (ST) while the collectorate earned Rs306million of ST during the same period of FY16-17.
The Customs Collectorate of Islamabad generated Rs139million against an assigned proportional revenue target of Rs130million of Income tax (IT) whereas it received Rs137million under the same head during the same period of corresponding FY16-17.
The collectorate got Rs5.09million as Federal Excise Duty (FED) against an earmarked revenue target of Rs2.89million during first 15 days of December FY17-18 while the collectorate collected Rs2.28million under the same head during the same period of previous FY16-17.
