ISLAMABAD: The Air Freight Unit (AFU) Islamabad earned extra revenue of Rs9.31million of Customs Duty (CD) during initial 14 days of September Financial Year (FY) 2017-18 against the collection of the same period of corresponding September Financial Year (2016-17).
The AFU generates Rs56.36million of CD during initial 14 days of September FY17-18 while it did Rs47.03million during the same period of previous September FY16-17.
According to details given by sources of Model Customs Collectorate (MCC) Islamabad that the AFU demonstrated a first-rate performance of CD during 14 days of September FY17-18 against corresponding period of September FY16-17.
Sources told CT that, during initial 14 days of September FY 17-18, the AFU was assigned the revenue target of Rs104.55million of CD whereas it was allocated the revenue collection target of Rs224.04million for the entire month of September FY17-18.
During the first 14 days of September FY17-18, the AFU achieved an average of 25.15% against the monthly earmarked target of CD. The AFU is striving hard to meet its revenue target assigned for the 1st quarter (July to September) FY17-18 under the head of CD.
Under the supervision of newly appointed Collector Dr. Saeed Khan Jadoon, the business activity at the AFU has increased tremendously. After assuming the charge, the Collector MCC Islamabad held a meeting with importers and assured them of full cooperation by the Customs staff of the AFU to minimize the time span to clear their consignment so that the business community can bring their goods to the market on time.
