Customs Islamabad posts 83.68pc growth till March 10

ISLAMABAD: The MCC Islamabad showed 83.68% achievement under the head of FED during January to March 10 against an assigned revenue collection target for the entire 3^rd-Quarter (January to March) FY17-18.

According to details given by the sources of Model Customs Collectorate (MCC) Islamabad that the collectorate had been allocated a revenue target of Rs224.05million for the entire 3^rd-Quarter FY17-18 while it earned Rs187.49million under the same head during first two months and 10 days (January to 10th of March) FY17-18.
Now the MCC has to generate Rs36.56million during the rest of coming 21 days of March FY17-18 to meet the earmarked revenue target of the entire third quarter of FED. It added that the collectorate has been assigned a huge revenue target under the head of FED for the month of March FY 17-18. It was told that, due to long holidays at China, various consignments of imported goods are stuck up at ports which will reach Islamabad during the next 21 days of March FY17-18 it is therefore hoped that the allocated target will be achieved easily.

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During first 10 days of March, the MCC Islamabad showed 0.01% growth against an earmarked revenue collection target. Sources informed CT that the collectorate was assigned Rs192.66million as FED while it received Rs0.2million of FED during 1st to March 10, 2017-18 while overall performance of the 3^rd-Quarter is satisfactory.
The MCC Islamabad displayed 210.01% increase against an allocated revenue collection target for the month of February FY17-18. The MCC collected Rs45.09million as FED against an assigned target of Rs21.47million. The MCC got Rs23.62million extra revenue against an earmarked revenue target during the month of February FY17-18.
During the month of January FY17-18, the collectorate generated Rs142.38million under the head of FED against an allocated revenue target of Rs9.92million. The MCC collected Rs132.17million additional revenue under the same head against an assigned target. The collectorate showed 1435.28% achievement of FED against an earmarked revenue collection target for the month of January FY17-18.