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Home Islamabad

Customs North Region faces Rs534m shortfall in revenue collection

byTariq Derya
03/05/2018
in Islamabad, Latest News
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ISLAMABAD: The Customs North Region suffered a shortfall of Rs534 million during month of April fiscal year 2017-18 under all heads due to imposed restriction on import of 581 food items in order to reduce import bill through SRO 1067(l) 2017 dated 20-10-2017.

Sources of North Region told Customs Today that during the above said period the government made amendment in Import Policy Order, 2016 and imposed conditions on the goods to be approved by Ministry of National Food Security and Research and approval from animal quarantine department on various food items.

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Sources told that due to said conditions huge quantity of food items were not cleared through Pak-Afghan Torkham border which caused loss of revenue during the month of April.

The sources told that the North Region, which comprises of Islamabad, Peshawar, Samberial and Gilgit-Baltistan (GB), was assigned revenue collection target of Rs2999.09 million under all heads during month of April FY17-18 whereas it received Rs2464.43 million. It was told that North showed -17.83% difference against assigned revenue target for month of April FY17-18.

The sources told that Islamabad Customs earned Rs.1427 million under head of all taxes against assigned revenue target of Rs.1281.83 million, it added that MCC showed 11.33% increase against assigned revenue collection target whereas the MCC Peshawar earned Rs.1187.32 million under all heads against assigned revenue collection target Rs.1709 million, the MCC Peshawar showed -30.56% shortfall during month of April FY17-18 against assigned revenue target.

It was told that during month of April FY2017-18 MCC Samberial earned Rs.-149.92 million under all heads against assigned target of Rs.-37.53 million, it was added that during the said period Customs Samberial showed 299.46% difference against assigned revenue target, the sources said that GB was assigned Rs.44.89 million of revenue under all heads while it earned zilch due to strike of importers sine 1st April FY17-18 against installation of WeBOC against One Customs system.

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