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Home Breaking News

Faisalabad Customs generates Rs 516m taxes in October

byNaeem Sheikh
12/11/2015
in Breaking News, Latest News, National, Slider News
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FAISALABAD: The Model Customs Collectorate has collected Rs 516.51 million in wake of duty and taxes during October, 2015 while its target was Rs 685.4 million.

As per details, Faisalabad Customs collected Rs 66.122 million under the head of customs duty against Rs 201.59 million target showing 33 percent achievement.

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In wake of sales tax, it has generated Rs 422.92 million against the target of Rs 452.2 million showing 94 percent achievement.

Moreover, it has collected Rs 30.5 million under the head of income tax against Rs 14.43 million target showing exceptional performance, while it collected Rs 1.11 million as federal excise duty.

Officials said that the collectorate has planned to send notices to tax defaulters in recent month to increase tax collection till December and to meet shortfall.

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