FAISALABAD: The Customs Appraisement has exceeded revenue collection target by 122 percent during the month of May of fiscal year 2017.
Sources told Customs Today, that under the leadership of Deputy Collector Muhammad Rizwan, the Appraisement branch surpassed the revenue target for May by 122 percent, as it collected Rs1406.10 million against the assigned target of Rs1152.87 million.
Sources said that Customs Appraisement was assigned customs duty collection target of Rs 211.20 million but it surpassed the target by 177 percent, as it collected Rs360.32 million during the said period.
Under the head of customs sales tax appraisement collected Rs1036.43 million against the assigned target of Rs904 million.
Customs Appraisement also successfully generated Rs9.35 million under the head of income tax against the assigned target of Rs30million, Faisalabad Appraisement have no collection revenue in wake of federal excise duty (FED) against the assigned target of Rs7.67 million.
It is necessary to mention here that Customs Collectorate Muhammad Sadiq specially lauded the performance of Faisalabad Collectorate for surpassing revenue collection target.
