MULTAN: The Customs Collectorate has collected Rs 2,051.941 million against assigned target of Rs 1,755.02 million during the month of September 2017-18.
Sources told Customs Today that Customs Collectorate collected Rs 724.938 million under the head of customs duty against the assigned target of Rs 482.09 million throughout September. Multan Customs surpassed the assigned customs duty revenue collection and shown almost 50 percent excess collection in the month of September due to effective strategy devised by Collector Saud Imran Ahmad. On the other hand, Collectorate of the Multan Customs collected Rs 377.372 million in September last year.
The Customs Collectorate has collected Rs 1,993.695 million against Rs 1,294.09 million in wake of sales taxes after the end of September in the on-going fiscal year 2017-18. The Collectorate of Customs has collected almost 154 percent revenue collection in September. Multan Customs posted 54 percent growth in the collection of sales tax during September due to excess clearance of High Speed Diesel (HSD). While Multan Customs made collection of Rs.1, 148.110 million during the matching period of September of financial year 2016-17.
Multan Customs collected Rs11.107 million in wakes of federal excise duties (FED) against the assigned target of Rs15.83 million in September. The Customs Collectorate has generated revenue collection of Rs.9.201 million against assigned task of Rs.17.01 million under the head of income taxes for the month of September.
Customs Collectorate Multan made collection of Rs.0.073 million under the head of additional sales tax during September. Multan Customs made overall collection of Rs1912.760 million in the first 23 days of September including customs duties, sales taxes, federal excise duties and income tax.
However, Multan Customs has witnessed excess duty tax collection in the month of September due to their effective measurements.
