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Home Lahore

Customs Preventive post 54pc growth in CD collection

byM Hayat
12/06/2017
in Lahore, Latest News, Slider News
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LAHORE: Collectorate of Customs Preventive has registered a growth 54 percent in collection of customs duty from the various stations under the limits of the Collectorate.

As per details the Collectorate of Customs Preventive collected Rs915 million during the month of May 2016-17against the collection of Rs 619 million which were collected during the same period last financial year of 2015-16.

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The Collectorate collected customs duty (CD) from various stations of the Collectoarte under its limits including Air Freight Unit (AFU), Land Freight Unit (LFU) Wagha, T-10, GPO and other stations.

However, the Collectorate has offered no rebate and refund to the importer and exporters during the month under review. Overall the Collectorate collected Rs 951 million customs duty during the period of May 2016-17.

It is necessary to mention here that as the current fiscal year 2016-17 is going to end soon, Customs Preventive authorities are using all available resources to recover outstanding tax amount from the defaulters.

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