ISLAMABAD: The Islamabad Dry Port has received Rs2.00million less revenue than an assigned proportional revenue collection target of Customs Duty during the first two weeks of December Fiscal Year 2017-18.
According to details explained by sources of the Islamabad Dry Port (IDP) that, during above said period, the IDP earned Rs115.27million as Customs Duty (CD) whereas it was allocated a proportional revenue collection target of Rs117.60million under the same head. The sources notified CT that the IDP generated Rs99.45million of CD during the same period of corresponding FY16-17.
It was told to Customs Today that the IDP was earmarked Rs303.80million of target of CD for the month of December FY17-18 while it showed 37.94% achievement during the first two weeks of December FY17-18 against an assigned revenue target. Sources added that the IDP obtained 98% growth against an allocated proportional target for the first two weeks under the head of CD.
The sources told CT that the IDP received Rs12.194million as CD on 14th of December FY17-18. He added that the IDP is earning approximately Rs10 to Rs12million of revenue daily. Sources optimistically said that its routine collection will continue and the IDP will not only meet the earmarked revenue collection target of CD but also surpass the revenue target for the month of December FY17-18.
