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revenue - currency

revenue - currency

North Region generates Rs6396.63m during July 1 to September 8 against Rs7625.63m target of three months

byTariq Derya
12/09/2017
in Islamabad, Latest News
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ISLAMABAD: The Customs North Region, comprising Collectorates of Islamabad, Peshawar, Samberial and Gilgit-baltistan, was allocated the revenue collection target for 1st quarter (1st July to 30th September) by Rs7625.63million of all duties and taxes. It collected Rs6396.84million during 01st of July to 8th of September Financial Year (FY) 2017-18 against the assigned revenue collection target under the same head.

According to details explained by sources of the North Region that Customs Collectorate of Islamabad was assigned Rs3118.07million under all the heads for first quarter while it earned Rs2641.14million during 01 July to 8th of September.
The sources told CT that, during above said period, the Collectorate of Peshawar was earmarked Rs4416.37million of all taxes whereas it generated Rs3502.61million under the same head during 1st July to 8th of September FY17-18.
The Collectorate of Samberial was assigned the rebate refund target for 1st quarter of Rs-1030.61million under all the heads while it paid Rs-485.00million under the same head during 1s July to 8th of September FY17-18.
The sources further told CT that the Collectorate of GB was allocated Rs1121.80million under all the heads for 1st quarter of FY17-18 whereas it received Rs732.13million during July to 8th of September FY17-18.
The Customs North Region showed 18.23 % of growth during July to 8th of September against the growth of the same period of corresponding FY16-17.

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