ISLAMABAD: The Islamabad Dry Port (IDP) earned Rs125.10million of Customs Duty during the initial 21 days of August Financial Year (FY) 2017-18.
According to details given by Assistant Collector Amanat Khan while talking with Customs Today that the Islamabad Dry Port is trying its level best to facilitate the importers working with the Islamabad Dry Port. Collector Model Customs Collectorate (MCC) Islamabad Dr. Saeed Khan Jadoon visited the Islamabad Dry Port the other day and advised the staff to promote facilitation among importers.
He said the IDP collected Rs68.7million surplus amount against the revenue collection under the same head during the last July FY16-17. During July FY17-18, the IDP showed a high collection against the same period of previous FY2016-17. The IDP earned Rs187.52million of CD during July 17-18 while it did Rs118.82million during the last July of Financial Year 2016-17.
He said the revenue collection target for the first quarter (July to September) FY17-18 has not yet been assigned to MCC Islamabad and IDP. Telling about the details of the corresponding month of June FY16-17, the IDP generated Rs108million surplus Customs Duty (CD) during June FY 2016-17 against the collection under the same head during June 2015-16.
He said the IDP received Rs479million of CD during June FY16-17 whereas it did Rs371million under the same head during the financial period of June FY2015-16.
He further said the IDP got Rs241.00million extra revenue under the head of CD against the assigned revenue collection for FY 2016-17. The IDP allocated Rs3407.00million revenue collection target of CD while it earned additional collection amounting to Rs3648.00million under the same head during FY2016-17.
