FAISALABAD: The Customs Collectorate of Appraisement surpassed the revenue target till July-May 2017 as it collected Rs10236.89millions against the set target of Rs8862.69million.
The Custom Appraisement was allocated target of Rs6986million in the wake of sales tax but it surpassed the target by 107 percent since it generated Rs7475.92million during said period. Under the head of Customs Duty, the appraisement received Rs2644.38million against the earmarked target of Rs1566.40million by achieving the collection up to 169 percent.
The Customs Appraisement generated Rs114.80million Income Tax against the assigned target of Rs272million that was achieved by 42 percent while it got Rs1.79million following the Federal Excise Duty (FED) against the target of Rs38.29million.
