Customs Port Qasim collects Rs 22.35b during first 18 days of July 2017

KARACHI: The Customs Collectorate Port Qasim collected Rs 22.35 billion under the head of duty and taxes during first 18 days of July 2017.

Sources told Customs Today that the collectorate collected Rs 7.90 billion customs duty, Rs 12.9 billion sales tax, Rs 2 billion income tax and Rs 190 million federal excise duty during the period.

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Sources said that as compared with first 15 days of June, the Customs Collectorate Port Qasim collected Rs 18.23 billion in duty and taxes. Sources said that the collectorate collected Rs 5.25 billion under the head of customs duty, Rs 10.67 billion sales tax, Rs 2.14 billion income tax and Rs 170 million federal excise duty during the period.

The Customs Collectorate Port Qasim collected Rs44.12 billion duty during the month of June and Rs 398 million under the head of federal excise duty (FED). The Collectorate has collected Rs14.4 billion under the head of customs duty (CD).

Sources told that the Collectorate was assigned a revenue collection target of Rs43.62 billion while the Customs Port Qasim collected Rs 24.29 billion under the head of sales tax, Rs 5.69 billion as income tax and Rs 398 million under the head of federal excise duty (FED).

Sources told that the Customs Port Qasim collected Rs 41.7 billion customs duty during May Rs 23.46 billion under the head of sales tax, Rs 4.82 billion under the head of income tax and Rs 361 million under the head of federal excise duty (FED).