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Home Islamabad

Islamabad AFU gets Rs05m extra Customs Duty within two weeks of April

byTariq Derya
18/04/2018
in Islamabad, Latest News
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ISLAMABAD: The Air Freight Unit (AFU) Islamabad received Rs5 million additional revenue of Customs Duty (CD) against an assigned proportional revenue target during first two weeks of April FY17-18.

According to details explained by Nisar Ahmad Phularwal, Additional Collector, AFU Islamabad that the AFU collected Rs116.05million as CD against an allocated proportional revenue collection target of Rs111.77million during first two weeks (1st to 14th) April FY 17-18. He added that the AFU demonstrated 4% achievement against an earmarked revenue target for above said period while it posted 53% growth through collection of revenue during first two weeks of current month against the same period of corresponding FY16-17.
The Additional Collector assured that the AFU has been assigned a revenue collection target of Rs280million for the current month of April FY17-18 which will be easily chased. He further said the AFU received Rs304.08million revenue during the month of March FY17-18 against an earmarked target of Rs275million. He informed the correspondent that the AFU received Rs29million of additional revenue against the target under the head of CD during March FY17-18.
Telling about the month-wise revenue details of CD, he said the AFU generated a revenue of Rs295million of CD during the month of February FY17-18 against an earmarked target of Rs222.24million. He added that, during the month of January FY17-18, the AFU earned a Rs216.91million under the same head against an assigned target of Rs275.50million.
Nisar said the AFU collected Rs366.93million CD against an allocated revenue collection target of Rs250.36million during the month of December FY17-18. The Additional Collector added that the AFU got Rs284.77million as CD against an earmarked target of Rs228.61million during the month of November Fy17-18.
The AFU fetched Rs264.16million under the head of CD against an assigned target of Rs215.88million during October FY17-18 whereas the AFU Islamabad earned Rs154.77million of CD against an allocated target of Rs224.04million during the month of September FY17-18 as well as the AFU received Rs196.97million of CD against an earmarked revenue collection target of Rs224.15million during the month of August FY17-18. The AFU generated Rs156.57million under the head of CD against an assigned target of Rs135.34million during the month of July FY17-18.

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