ISLAMABAD: Sarwat Tahira Habib, Chief Collector, Customs North, said the North collected Rs439million surplus amount against the assigned target of all duties and taxes during the month of August Financial Year FY2017-18. The North Region was allocated Rs3216million target for the month of August FY2017-18 while it earned Rs3655million of all duties and taxes during above said period.
This was told by Chief Collector North while talking with Customs Today. She further said the North achieved the set target of August FY17-18 by 25% more collection than the earmarked revenue target. The North got the target of 13% more revenue against the same period of corresponding August FY16-17 under all the heads.
The Chief Collector told CT that individually, during August FY17-18, the MCC Islamabad generated 25% surplus revenue under all the heads against the earmarked target whereas MCC Islamabad did 34% more revenue against the same period of FY16-17.
She added that the MCC Peshawar received 10% more revenue during August FY17-18 against the set target of all duties and taxes while the MCC Peshawar got 25% more revenue than the collection of the same period of August 16-17.
During FY17-18, the MCC GB earned 5% more revenue than the allocated target for the month of August FY17-18 under all the heads whereas it collected 20% more revenue against the revenue done during August 16-1. During August before Eid-ul-Azha, the MCC Samberial paid Rs300million Rebate funds to the exporters so that they can buy livestock before Eid, she maintained. She said the Samberial was earmarked with Rs224million target for Rebate but it paid Rs75million more to facilitate the exporters during the month of August FY17-18.
