ISLAMABAD: The Islamabad Dry Port (IDP) showed Rs31million’s shortfall against an assigned proportional revenue collection target for first 10 days of March FY17-18 under the head of Customs Duty.
Official sources of the Model Customs Collectorate Islamabad told Customs Today that, during first 10 days of March FY17-18, the Islamabad Dry Port (IDP) received Rs72.88million as Customs Duty (CD) while it was allocated a proportional revenue collection target of Rs104.31million.
Due to adoption of new policies forwarded by Chief Collector North, the performance of IDP went downwards. It was disclosed that the business community is shifting its businesses from the IDP to other dry ports.
It is worth mentioning here that, during first 10 days of March FY17-18, the IDP showed -30% deficit against an earmarked proportional revenue collection target of CD. The IDP demonstrated -23% shorfall against an assigned proportional revenue target for the same corresponding period. It was informed that the IDP fetched Rs94.09million revenue under the head of CD during 1st to March 10th FY16-17.
The IDP was allocated Rs323.37million of revenue collection target as CD for the entire month of March FY17-18. The IDP has to earn Rs250.49million within the rest of 21 days of March FY17-18 to meet the earmarked target. Sources told CT that the IDP again faced a shortfall of Rs23.65million under the same head during the month of February FY 17-18 against an allocated revenue collection target.
The IDP generated Rs245.75million CD against an assigned target of Rs269.40million. It was told that the IDP showed lack of facilitation between the customs staff and importers since the last couple of months after joining of Chief Collector North and newly appointed Deputy Collector IDP, sources notified.
