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Home Islamabad

Customs surpasses CD & FED while Peshawar exceeds ST during February

byTariq Derya
11/03/2017
in Islamabad, Latest News
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ISLAMABAD: The Customs, North Region, generated Rs865.08million Customs Duty (CT) whereas it collected Rs956.00million Sales Tax (ST) and did R35.25million Federal Excise Duty (FED) during February of Financial Year (FY) 2016-17. The Customs North Region comprises Islamabad, Sialkot, Peshawar and Gilgit-Baltiatan (GB).

According to Chief Collector North, the Islamabad Collectorate exceeded Customs Duty and Federal Excise Duty (FED) whereas the MCC Peshawar and MCC Samberial surpassed ST during above said period.

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Sources stated that the MCC Islamabad collected Rs441.95million Customs Duty (CD) against the assigned target of Rs407.00million whereas the MCC Peshawar earned Rs496.12million against the assigned target of Rs585.00millions. Sources said the MCC Samberial received Rs72.99millions against the assigned target of Rs63.00million whereas the GB stayed closed from December to April FY2016-17 due to cold weather.

During February FY2016-17, the MCC Peshawar surpassed Sales Tax. During said period, the Peshawar Collectorate got Rs602.89million ST against the assigned target of Rs554.00million while the MCC Islamabad collected Rs316.69million against the assigned target of RRs370.00million. The MCC Samberial collected Rs36.00million ST against the assigned target of Rs11.00million. During above said period, the MCC Islamabad earned Rs19.70million FED against the target of Rs18.00million while the MCC Peshawar did Rs15.55million FED against the assigned target of Rs23.00million.

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