MCC Islamabad receives Rs450.52m more takings for Q1 than earmarked revenue collection target

ISLAMABAD: The Model Customs Collectorate (MCC) Islamabad surpassed the assigned revenue collection target for 1^st 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 1^st-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 1^st-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.

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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.