ISLAMABAD: The Model Customs Collectorate Islamabad has been assigned a revenue collection target of Rs3537.84million of all duties and taxes for 2nd Quarter Financial Year 2017-18.
According to details given by Saeed Khan Jadoon, Collector Model Customs Collectorate (MCC) Islamabad, that the Collectorate will surpass the allocated revenue target for 2nd Quarter (October to December) Financial Year (FY) 2017-18. He told CT that the Customs Collectorate Islamabad has already earned surplus revenue during the 1st Quarter (July to September) FY17-18 under all the heads.
He further told the correspondent that the collectorate was earmarked a proportional revenue target of Rs251.77million for the first week of December FY17-18 while it received Rs288.23million under all the heads. So the collectorate earned Rs36.46million extra revenue against an assigned proportional revenue target for the first week of current month under all the heads.
Telling about the revenue details of the first two months of 2nd Quarter FY17-18, Saeed Khan Jadoon added that, during the month of November FY17-18, the Islamabad Collectorate was allocated a revenue collection target of Rs1246.21million whereas the collectorate generated Rs1521.28million as all duties and taxes. The collectorate got Rs275.07million more revenue than an earmarked revenue target for the month of November FY17-18 under all the heads while it showed 122.07% achievement against an allocated revenue collection target for the month of November under the same heads.
The Collector MCC Islamabad told Customs Today that, during the month of October FY17-18, the collectorate was assigned Rs990.84million under all the heads whereas it received Rs1692.84million under the same heads against an earmarked revenue target. The collectorate generated an extra revenue of Rs702.00million under all the heads against the assigned revenue target for the month of November FY17-18. He notified CT that the collectorate showed 170.85% growth against an allocated revenue collection target for the month of October FY17-18 under the same heads.
