FBR assigns revenue collection target of Rs5536m to Multan Customs for May

MULTAN: The Federal Board of Revenue (FBR) assigned Rs5536 million revenue collection target for the month of May 2018-19 to Multan Customs Collectorate.

According to details, the Collectorate has been assigned monthly revenue collection task for the second month of the fourth quarter of the existing fiscal year by Federal Board of Revenue. Multan Customs has been allocated different revenue collection tasks under the head of customs duty, sales taxes, federal excise duty (FED) and withholding taxes (WHT) for the on-going month of May 2017-18.

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Multan Customs Collectorate has been given customs duty revenue collection target of Rs1555 million for May. The Collectorate has been assigned Rs 3935 million target for the collection of sales tax for the duration of May.

The Federal Board of Revenue has given collection task of Federal Excise Duty of Rs 18 million for the month of May. Multan Customs set income tax target of Rs 28 million for the period of May 2017-18.