FAISALABAD: The Model Customs Collectorate Appraisement surpassed the revenue target set for the first ten months (July-April) of the fiscal year 2016, as it collected Rs 6.075 billion against the set target of Rs 6.042 billion.
As per details, the Custom Appraisement was assigned Rs 3.618 billion target in wake of sales tax and it surpassed the target by 135 percent, as it collected Rs 4.869 billion during the said period. Under the head of customs duty, it collected Rs 957.92 million against the target of Rs 2011.81 million by achieving target up to 48 percent.
It generated Rs 220.68 million as income tax against the assigned target of Rs 353.08 million that was achieved up to 63 percent, while it collected Rs 27.92 million in wake of federal excise duty (FED) against the target of Rs 58.98 million.
