GILGIT-BALTISTAN: The Model Customs Collectorate Gilgit-Baltistan generated surplus revenue with above 100% achievement against the assigned revenue collection target under all the heads during the month of November Financial Year 2017-18.
According to details given by Akbar Jan, Deputy Collector Model Customs Collectorate (MCC) Gilgit Baltistan (GB), that, during November FY17-18, the collectorate earned Rs94.77million extra revenue under all the heads. The collectorate received Rs584.44million against the allocated revenue target of Rs489.67million under all the heads.
During above said period, the collectorate collected Rs338.34million of Customs Duty (CD) while it was earmarked Rs234.86million under the same head. The collectorate got extra revenue of Rs3.49million against the assigned target of CD.
The Deputy Collector told Customs Today that, during above said period, the collectorate generated Rs254.35million as Sales Tax whereas it was assigned Rs189.58million revenue target under the same head for the month of November FY17-18. The collectorate earned Rs64.77million extra revenue against the allocated revenue target.
Akbar Jan notified CT that, during above said period, the Collectorate of GB received Rs91.74million of Income Tax (IT) against the earmarked revenue target of Rs65.23million. The collectorate got surplus revenue of Rs26million against the assigned target under the head of IT.
Jan further told CT that, during November FY17-18, the collectorate showed 101.48% growth of CD against the allocated revenue target while it demonstrated 134.48% achievement against the earmarked revenue target as ST whereas the collectorate achieved 140.64% growth against the assigned revenue collection target of IT.
