ISLAMABAD: The Model Customs Collectorate Islamabad generated an extra amount of Rs5030million up to 15th of February FY17-18 against an allocated revenue target during the entire first eight months of FY2017-18 under all the heads.
According to details given by Zulfikar Ali Chaudhry, Collector Model Customs Collectorate Islamabad, that, during above said period, the collector received Rs13972.81million up to 15th of February FY17-18 under all the heads against an assigned revenue collection target of Rs8942.09million during eight months.
Chaudhry told CT that the collectorate earned Rs4704.50million of Customs Duty (CD) up to 15th of February FY17-18 while it was earmarked Rs3876.12million for the entire eight months of FY17-18. The collectorate collected Rs6676.48million under head of Sales Tax (ST) during the said period against the assigned revenue collection target of Rs3073.44million.
The collector told the correspondent that, during first seven months and 15 days of February FY17-18, the collectorate got Rs352.99million under the head of Federal Excise Duty (FED) whereas it was allocated Rs227.31million. During said period, the collectorate earned Rs2238.81million under the head of Income Tax (IT) against an earmarked revenue collection target of Rs1765.22million.
The collector MCC Islamabad told CT that the collectorate has geared up its efforts to generate the extra revenue for third quarter (January to March) FY17-18.
