ISLAMABAD: The Islamabad Dry Port (IDP) earned Rs24.675million extra Customs Duty (CD) during the first two months of 2nd Quarter (October-November) Fiscal Year 2017-18 against the assigned revenue target.
According to details given by sources of the IDP that, during above said period, the IDP showed satisfactory performance. Sources added that, during the first two months of 2nd Quarter FY17-18, the IDP was allocated a CD collection target of Rs547.589million whereas the IDP received Rs563.505million under the same head. The sources notify that the IDP generated Rs547.589million of CD during the first two corresponding months of 2nd Quarter FY16-17.
The sources told CT that, during 2nd month of 2nd Quarter of November FY17-18, the IDP got Rs244.321million as CD while it was earmarked a revenue collection target of Rs277.19million of CD. The sources further added that the IDP earned Rs285.858million under the same head during previous November of FY16-17.
The IDP received Rs319.184million as CD during the 1st month (October) of 2nd Quarter FY17-18 whereas it was assigned a revenue collection target of Rs261.64million under the same head. The IDP generated Rs261.731million of revenue under the same head during corresponding October FY16-17.
It was told that the allocated target for the month of December is tough however IDP will achieve it with the surplus amount of CD. Sources added that the IDP will also chase the earmarked revenue target for 2nd Quarter (October to December) FY17-18.
