ISLAMABAD: The Model Customs Collectorate (MCC) Islamabad suffered a loss of Rs215million revenue under the heads of all taxes during first 15 days of March FY17-18 against an assigned proportional revenue target.
According to details given by official sources of the MCC Islamabad that, during first 15 days of FY17-18, the Model Customs Collectorate showed slow performance against an allocated proportional revenue collection target. The collectorate received Rs614.13million under all the heads against an earmarked proportional revenue target of Rs829.67million.
The MCC Islamabad got Rs0.03million of Federal Excise Duty (FED) during first 15 days of March FY17-18 against an assigned revenue collection target of Rs93.22million. The MCCI faced a deficit of Rs90.19million against an allocated target during above said period under the FED.
The MCC Islamabad suffered a shortfall of Rs26million during first 15 days of current month of FY17-18 as Income Tax (IT) against an earmarked revenue collection target. It generated Rs125.47million under the same head against an assigned target of Rs151.47million of IT.
The MCC Islamabad fell short of Rs43.74million shortfall of Sales Tax (ST) against an allocated assigned proportional revenue target for first 15 days of March FY17-18. The MCC Islamabad received Rs254.47million as ST against an earmarked target of Rs298.21million.
The MCC Islamabad got a loss of Rs52.62million under the head of Customs Duty (CD) against an assigned proportional target. The collectorate received Rs234.16million revenue against an allocated target of Rs286.78million of CD for first 15 days of March FY17-18.
