ISLAMABAD: The Model Customs Collectorate (MCC) Islamabad surpassed the assigned revenue collection target for 1st Quarter FY2017-18 by Rs450.52million of all duties and taxes. The Federal Board of Revenue allocated Rs3118.07million collection target to the collectorate under all the heads while it collected Rs3568.59million during the 1st-Q FY17-18.
According to details given by Dr. Saeed Jadoon, Collector MCC Islamabad, that the collectorate achieved a surplus performance against the earmarked revenue target for 1st-Q FY17-18 with 114.45% percent. During the month of September FY17-18, the MCC Islamabad earned Rs1092.67million of all duties and taxes whereas it set Rs1095.45million as revenue target for September FY17-18. The collectorate achieved the target with an increase of 103.14% against the assigned target for said period.
Jadoon said that, during the month of August FY17-18, the MCC Islamabad received Rs1515.38million as all duties and taxes against the allocated revenue collection target of Rs1205.90million. During said period, the collectorate got earmarked target with 125.66% against the assigned target.
Dr. Saeed Khan told CT that, during the month of July FY17-18, the Customs Collectorate of Islamabad earned Rs960.54million of all taxes whereas it was assigned revenue collection target amounting to Rs852.72million under the same head.
The collectorate generated Rs107.82million extra revenue against the set revenue collection target for the month of July FY17-18 under all the heads. The collectorate showed 112.64 % percent achievement against the allocated revenue collection target for July FY17-18.
