ISLAMABAD: The MCC Islamabad posted 336.17% growth under the head of Sales Tax (ST) during the month of January FY17-18 against an earmarked revenue collection target.
According to details explained by official sources of the Model Customs Collectorate (MCC) Islamabad that, during above said period, the MCC Islamabad earned Rs756million of Sales Tax (ST) while it was assigned a revenue collection target of Rs420million as ST. The MCC Islamabad received Rs336.17million of extra revenue against the allocated revenue collection target for the month of January FY17-18.
The sources told Customs Today that the MCC Islamabad generated Rs428million under the same head during the same period of corresponding January FY16-17. The MCC Islamabad collected Rs328million of extra revenue of ST during January FY17-18 against the same previous period.
The MCC Islamabad earned Rs5556million as ST during first six months (July to December) FY2017-18 against an earmarked revenue collection target of Rs2340million. The MCC Islamabad generated Rs3216million of extra revenue against an allocated target of ST.
The sources told CT that the MCC Islamabad showed 237% average of achievement during the first half of FY17-18 against an assigned revenue collection target as ST.
