Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Lahore Appraisement West achieves 35pc revenue growth in FY 2024-25

byCT Report
21/07/2025
in Breaking News, Lahore, Latest News, Slider News
Share on FacebookShare on Twitter

LAHORE: Collectorate of Customs Appraisement West, Lahore has reported a significant 35% increase in revenue collection for the fiscal year 2024-25, reflecting improved controls and proactive enforcement measures.

According to official figures, revenue collection rose from Rs. 17,547 million in FY 2023-24 to Rs. 23,612 million in FY 2024-25. The average duty and taxes collected per Twenty-foot Equivalent Unit (TEU) also saw a 22.5% rise, from Rs. 0.9263 million to Rs. 1.1351 million per TEU.

You might also like

FPCCI committee charts roadmap to boost trade, investment growth

20/06/2026

Budget 2026-27: Khyber Pakhtunkhwa proposes major tax relief for low-income employees

20/06/2026

The Collectorate also strengthened its enforcement efforts, framing 142 contraventions during the year. These cases involved offending goods worth Rs1,427 million and corresponding duty and taxes of Rs. 875 million.

Collector Beelum Ramzan, while speaking to media, said, “This performance reflects our commitment to transparency, effective monitoring, and teamwork. We are focused on safeguarding government revenue while facilitating legitimate trade.”

She noted that the department is upgrading risk management protocols, improving coordination with other agencies, and enhancing staff capacity through training and automation.

The performance of the Collectorate comes in line with the Federal Board of Revenue’s (FBR) broader drive to maximize revenue and plug leakages. The consistent rise in duty/tax collection per TEU also indicates improved valuation and classification practices at the import stage.

Customs Appraisement (West), Lahore has emerged as a key contributor to national revenue with its enhanced scrutiny, digital monitoring, and firm action against mis-declaration and under-invoicing.

Related Stories

FPCCI committee charts roadmap to boost trade, investment growth

byCT Report
20/06/2026

ISLAMABAD: The first meeting of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Central Standing Committee-2026 on Import,...

Budget 2026-27: Khyber Pakhtunkhwa proposes major tax relief for low-income employees

byCT Report
20/06/2026

PESHAWAR: The Government of Government of Khyber Pakhtunkhwa has announced a wide-ranging tax relief package in its budget for the...

Kerosene prices slashed by Rs48.29 per litre in Pakistan

byCT Report
20/06/2026

ISLAMABAD: The federal government has reduced the price of kerosene oil following a series of cuts in petrol and diesel...

Finmin Aurangzeb announces faceless tax system

byCT Report
20/06/2026

ISLAMABAD: Finance Minister Muhammad Aurangzeb has announced that Pakistan’s tax system will be transformed through a faceless system, ending direct...

Next Post

Two firms buy 56pc stake in PC hotels for Rs12b

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.