ISLAMABAD: The Model Customs Collectorate of Islamabad generated surplus Sales Tax with an amount of Rs121million against the assigned proportional revenue target for 10 days of November of Financial Year 2017-18.
The Model Customs Collectorate Islamabad earned surplus revenue of Rs30million as With Holding Tax during 10 days of Financial Year 2017-18 against the allocated proportional revenue target under the same head.
According to details given by sources of Model Customs Collectorate (MCC) Islamabad that, during 1st to 10th of November FY17-18, the MCC Islamabad received Rs247.31million of Sales Tax (ST) against the earmarked proportional revenue collection target of Rs126.54million. The Islamabad Collectorate got Rs123.69million as ST during the first corresponding 10 days of November FY17-18.
During above said period, the MCC Islamabad collected Rs106million of With Holding Tax (WHT) while it was assigned a proportional revenue target under the same head amounting to Rs70.06million. The MCC Islamabad was earmarked Rs233.52million for the whole month of November of FY17-18 under the head of WHT. The MCC Islamabad generated Rs64.72million during corresponding 10 days of November FY17-18.
The sources told CT that collectorate is gearing up its efforts to meet the revenue targets under all the heads assigned for November FY17-18. The MCC Islamabad earned surplus revenue under all the heads against the allocated revenue targets during the first four months (July to October) FY17-18.
