ISLAMABAD: The Model Customs Collectorate surpassed assigned revenue collection target under the head of all duty/taxes by collecting Rs 1158 million against Rs 1108 million during November 2016.
Islamabad Customs Collector Dr. Arslan stated that performance with regard to revenue collection remained outstanding, as the collectorate not only achieved the target by 100 percent but also surpassed it by Rs 50 million.
He further informed that the collectorate generated customs duty to the tune of Rs.436.806 million against the assigned target of Rs.436 million in November 2016, adding that the same stood at Rs 369.92 million during corresponding period of last year.
The collector said that it collected Rs 413 million in the wake of sales tax against the assigned target of Rs 397 million by surpassing its target by Rs 16 million, adding that the department bagged Rs 419 million as sales tax during November of last year.
During November 2016, the Islamabad Customs collected revenue in the wake of income tax to the tune of Rs 218.24 million against the assigned target of Rs 268.00 million, Collector Arslan added.
He further said that the collectorate generated Rs 7 million under the head of federal excise duty (FED) against the assigned target of Rs 7 million during the same period, while it collected Rs 82.25 million as federal excise duty during corresponding of last year 2015.
Officials said that the Islamabad Customs was trying to play its due role in order to achieve annual target of running fiscal year 2016-17
