ISLAMABAD: The MCC Islamabad collected surplus revenue under all the heads except FED during the month of March FY17-18 against an earmarked revenue collection target under all the heads.
According to details explained by Collector MCC Islamabad that Model Customs Collectorate (MCC) Islamabad posted 3% increase against an assigned revenue collection target under all the heads for the month of March FY17-18 as the collectorate showed 11% growth in March FY17-18 against a revenue collection during the same duration of corresponding FY16-17 under all the heads.
During the month of March FY17-18, the MCC Islamabad earned Rs1771.779million under all the heads against an earmarked target of Rs1714.66million. He further told CT that the MCC received Rs57.119million extra revenue under all the heads against an assigned revenue target for the month of March FY17-18.
The Collector MCC Islamabad informed the correspondent that the collectorate fetched Rs610.671million of Customs Duty (CD) during March FY17-18 against an allocated a revenue collection target of Rs592.67million. The MCC collected Rs18million extra revenue under the same head against an assigned target.
The MCC Islamabad got Rs699.861million as Sales Tax (ST) against an allocated target of Rs.616.30 million. It was notified that the collectorate earned an additional revenue of Rs83.56million under ST against an earmarked target during March FY17-18. The MCC earned Rs325.890million of Income Tax (IT) during said period while it was assigned Rs313.03million. It was added that the MCC received Rs12.22million extra revenue under the head of IT against an allocated revenue target.
The MCC Islamabad generated Rs135.357million as Federal Excise Duty (FED) during the month of March FY17-18 against an earmarked revenue collection target of Rs192.66million. The collectorate earned less revenue of Rs.-57million against an allocated collection target of FED for the month of March FY17-18.
