ISLAMABAD: The Model Customs Collectorate (MCC) Islamabad generated Rs184.1million surplus revenue during the initial nine days of October Financial Year 2017-18 under the heads of all duties and taxes against the same period of corresponding Financial Year 2016-17. During said period, the MCC Islamabad achieved 47.31 % average against the assigned revenue collection target for the month of October FY17-18.
According to details given by Dr. Saeed Khan Jadoon, Collector Model Customs Collectorate (MCC) Islamabad, that, during above said period, the collectorate of Islamabad showed very satisfactory performance against the same previous financial year.
The collector told CT that, during initial nine days, the MCC Islamabad earned Rs133.76million of Customs Duty (CD) while it did Rs107.58million during the same period of corresponding FY16-17. The MCC Islamabad generated Rs26.18million surplus revenue against the same period of corresponding FY16-17.
The collector further told CT that, during above said period, the collectorate collected Rs243.63million as Sales Tax (ST) whereas it did Rs109.70million of ST during the initial nine days of FY16-17. During the initial nine days of current month, the collectorate got Rs133.93million surplus ST against yesteryear of FY16-17.
During 1st to 09th of October FY17-18, the collectorate generated Rs89.82million as Income Tax (IT) while it did Rs54.43million under the same head during the first nine days of October FY16-17. The collectorate stood surplus with Rs35.43million against the corresponding FY16-17 under the head of IT.
During above said period, the collectorate of Islamabad received Rs468.73million under all the heads against the revenue collection of Rs284.63million under all the heads during the initial nine days of October FY16-17.
