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Peshawar Customs collects Rs1589.7m revenue during April

byNadir Khan
03/05/2017
in Latest News, National, Slider News
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PESHAWAR: Customs Collectorate collected a total of Rs1589.7million revenue in April 2017 against Rs1362.66 million of April 2016 with total difference of Rs227.04 million surplus amounts while the difference in percentage was 16.66 percent higher than the previous figures.

According to sources of Customs Today, Custom House collected month of April 548.59 million collected in head of customs duty against 535.12 million of April 2016. The total difference in this sector was recorded plus Rs65.37 million while the difference in percentage was 13.53 percent.

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In head of sale tax on Import, the house collected Rs448.76 million as compare to Rs344.57 million of April 2016 showing increase Rs104.19 million while the difference in percentage was minus 1.11 percent.

Likewise in head of sales tax levied as federal excise duty (FED) on palm oil, the house collected Rs171.32 million in April 2017 against Rs173.03 million of April 2016.  The difference in percentage was 0.99 percent while the difference in rupees was noticed minus 1.71 rupees.

In term of Federal excise duty on imports the house collected Rs12.20  million in April 2017 against the previous year of this month which was Rs18.12  million showing shortfall of minus 5.92 as compare to April 2016 while the difference  in percentage was minus32.67 percent.

In head of withholding tax the Customs House collected Rs340.91 million against the previous year of this month which was 303.82  million exceeding with figure 37 million rupees while the difference in percentage was plus 12.21 percent as compare to 2016 April.

The overall performance of the Customs House is satisfactory by showing improvement as compare to the previous month. After the border management it was the first month that in which the house achieved its annual target and exceeds its generation up to 17.33 percent.

 

 

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