QUETTA: The Model Customs Collectorate Quetta earned surplus revenue of Rs82.00million against the proportional assigned revenue collection target as all duties and taxes during the 1st to 10h October Financial Year 2017-18. The Quetta Customs was allocated Rs416million under all the heads for first 10 days of October FY17-18 while it earned Rs498.00million under all the heads of duties and taxes.
According to details given by newly appointed Collector Ashraf Ali of the Model Customs Collectorate (MCC) Quetta that, during initial 10 days of October FY17-18, the Collectorate of Quetta reflected acceptable performance against the assigned proportional targets under all the heads. The Quetta Collectorate was earmarked a proportional target of Rs204.00million for first 10 days of October FY17-18 under the head of Customs Duty while it received Rs226.00million with a surplus collection of Rs22.00million against the target.
The Collector of Quetta told CT that, during above said period, the MCC Quetta generated Rs196.00million as Sales Tax (ST) against the earmarked revenue collection target of Rs150.00million whereas it did surplus revenue during initial 10 days of October FY17-18 with an amount of Rs46.00million against the allocated target under the same head.
He said the Quetta Collectorate collected Rs11.00million of Federal Excise Duty (FED) against the earmarked proportional target of Rs7.3million. In this way, the MCC Quetta got revenue with surplus amount of Rs3.7million against the assigned target of FED for initial 10 days of October FY17-18.
Ashraf Ali further told CT that, during above said period, the Quetta Customs earned Rs87.00million against a proportional target of Rs75.6million as Withholding Tax (WHT) against an allocated proportional revenue target of 10 days of October FY17-18. The collectorate received surplus revenue of Rs11.4million against above earmarked target.
