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Customs Islamabad posts 67 percent growth in revenue collection during seven months

byTariq Derya
08/02/2018
in Islamabad, Latest News
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ISLAMABAD: The Model Customs Collectorate Islamabad showed 67% increase in the revenue collection performance under all duty heads against an earmarked revenue collection target during first seven months of FY17-18.

According to details given by Zulfiqar Ali Ch, Collector, Model Customs Collectorate (MCC) Islamabad, that the MCC Islamabad displayed adequate revenue performance against an assigned revenue collection target under all heads during first seven months (July to January) FY17-18.
The collectorate received Rs4443.47million of Customs Duty (CD) against an allocated revenue collection target of Rs3385.53million. The MCC fetched Rs6312.14million as Sales Tax (ST) during first seven months of FY17-18 against an earmarked revenue target of Rs2760.25million as ST.
The Collector MCC Islamabad informed CT that, during seven months of FY17-18, the MCC Islamabad earned Rs2091.46million of Income Tax (IT) against an assigned revenue collection target of Rs1564.43million. The MCC generated Rs351.44million of Federal Excise Duty (FED) during first seven months of FY17-18 against an allocated revenue collection target of Rs205.84million.

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