KARACHI: The Pakistan Customs collected Rs 246.165 billion revenue during the first quarter of current fiscal year with 1.5 per cent growth as the department collected Rs 246.165 billion during the same period of previous year.
The department collected Rs 71.487 billion as Customs duty with 6 per cent growth in July-September 2016 as compared with the collection of Rs 67.43 billion in same period last year.
Customs duty collection by Pakistan Customs South region surged by 7.0 percent to Rs 62.24 billion in the first quarter in 2016 as compared with the collection of Rs 58.109 billion last year.
Overall sales tax collection at import stage stood Rs 131.65 billion during the period under review, down 0.75 percent as against Rs 132.6 billion in the same months last year.
Customs Appraisement South’s collection of sales tax at import stage stood at Rs 114.58 billion, up 3.5 percent as against Rs 111.77 billion collected last year in the similar period.
Income tax collected by Pakistan Customs during (July-September 2016) stood at Rs 41.13 billion as compared with Rs 40 billion last year. Appraisement South collected Income tax of Rs 36.18 billion in the period as against Rs 35.1 billion collected in the same period last year.
Highest revenue collection in terms of Customs duty came from Port Qasim Customs, which collected Rs 20.1 billion followed by Customs Appraisement West collecting Rs 19.6 billion and Customs Appraisement East collecting Rs 15.8 billion in July-September 2016.
Under Customs duty, Rawalpindi Customs collected Rs 801 million during the corresponding period; Lahore Customs collected Rs 5.4 billion; Islamabad Customs collected Rs 497 million; Peshawar Customs collected Rs 1.06 billion; Multan Customs collected Rs 830 million; Hyderabad Customs collected Rs 319 million; Quetta Customs collected Rs 467 million; Karachi Custom Preventive collected Rs 5.8 billion; Karachi EPZ-Imports collected Rs 43.3 million; Sialkot Customs collected Rs 37 million and Faisalabad Customs collected Rs 492 million in July-September 2016.
