PESHAWAR: Model Custom Collectorate collected Rs2287 million in head of various duty collections in the month of October 2017 against assigned target of Rs1853.28 million of October 2016 having difference of Rs433.93 million with percentage of 23.41 percent.
According to reliable sources of Custom House in head of custom duty collected Rs979.15 million against Rs752.68 million of the previous year collections with difference Rs226.47 million having percentage of 47.77 percent.
In term of sale tax on import the custom house collected Rs548.89 million against Rs371.44 million with difference of Rs177.37 million while the difference in percentage was 47.77 percent.
Similarly under the head of sales tax levied as federal excise duty (FED) on palm oil the Collectorate collected Rs 178.26 million in gross while in previous year this collection was 1Rs32.52 with difference of Rs45 million having percentage of 34.52 percent.
Likewise in the term of sales tax value addition on commercial importers was Rs68 million against the previous year of Rs55.71 million with total differences Rs12.29 million while the difference with in percentage was 22.6%.
The Collectorate under the head of federal excise duty (FED) on import collected Rs20.71 million during the month of October against Rs14.10 million of the previous October 2016. The difference in rupees was Rs6.61 million while difference in percentage was 46.88 million.
In head of withholding tax (WHT) the Custom House collected Rs492.20 million against the previous year Rs526.83 million collection with differences minus of Rs34.63 million while the difference in percentage was minus six percent.
It is merit to mention here that the Custom Collectorate has surpassed the previous target by collecting Rs2287.21 million in gross collection figures were Rs8108 million with total differences Rs433.93 million as compare to October 2016 which was Rs1852.58 million. The total difference was Rs23.41 million having 21.76 percent.
