ISLAMABAD: The Pakistan Railways (PR) will install a weighbridge at the Islamabad Dry Port (IDP) after the announcement of next budget of Financial Year (FY) 2017-18. The weighbridge will cost Rs4.00million. The IDP was assigned a hard revenue target of Customs Duty for March and April FY16-17 but the IDP not only chased it but also surpassed both abovementioned months’ targets. The IDP surpassed the revised CD target with collection of Rs333.874million against the assigned target of CD with an amount of Rs331.00million for April FY1617.
This has been stated by Assistant Collector Amanat Khan while talking to Customs Today during an exclusive interview.
He said the customs and PR are on the same page towards bringing the Islamabad Dry Port to international standards. After many rounds of meetings and correspondence with the PR, the PR floated a tender and one party won it. The tender winner company is looking for site for construction of the weighbridge on the premises of dry port. He said the importer community working via dry port Islamabad is happy to hear this news because when importers will get facility under one roof then their time and money will be saved. Even the PR can get a handsome amount after the installation of the said facility, he assured.
Answering a query about the CD collection during April FY16-17, he said the IDP generated Rs333million CD whereas the IDP did Rs221million during the same period of corresponding Financial Year 2015-16.
The IDP was assigned an actual target of Rs310million CD for April FY16-17. He said the IDP entertained 257 dutiable Goods Declarations (GDs) during April while the IDP cleared 298 containers during said period.
Replying to another query, he said the dry port collected surplus additional amount of Rs245.771million during the first three quarters of Financial Year (July to March) 2016-17 against the assigned revenue target under the head of Customs Duty. The dry port received Rs2454.451million during said period against the assigned target of Rs2208.78million CD.
During first nine months (July to March) Fy16-17, the dry port cleared 2246 dutiable containers whereas the dry port entertained 2069 Goods Declarations (GDs) during said period.
The assistant collector said during March FY16-17, the target under the head of CD revised instead of that the dry port surpassed the revised CD target. The dry port was previously given the target of Rs275million CD whereas its target was revised upward with an amount of Rs293.78million. During March, the dry port generated Rs302.931million CD.
Answering yet another question, he said the dry port collected Rs274.561million during February of FY 16-17 the Customs Duty whereas dry port did Rs268.666million during January the CD while dry port received Rs270.00million during December of FY16-17 and Rs203.940million was collected during November of FY2016-17 under the head of CD.
During October of FY2016-17, the dry port earned Rs197.188million CD whereas during September dry port collected Rs154.234million. During the month of August, the dry port got Rs170.956million. During the month of July FY2016-17, the dry port generated Rs119.00million Customs Duty.
Explaining the dutiable Goods Declarations, Amanat Khan said the dry port entertained 237 GDs during March 2016-17 whereas it processed 256 GDs during February while it processed 212 GDs in January FY2016-17. During December, the dry port processed 237 GDs whereas 273 ones were processed during November Fy2016-17.
During October FY2016-17, the dry port processed 211 GDs whereas it processed 202 GDs during September while it entertained 257 GDs during August and 184 ones were processed during July FY2016-17.
Telling details about containers, he said during the first nine months (July to March FY2016-17), the dry port cleared 2246 dutiable containers. Telling the details about dutiable containers month-wise (July to March 2016-17), the dry port cleared 263 dutiable containers during March whereas about 286 dutiable containers were cleared in the month of February FY-16-17 and 268 containers were cleared during the month of January FY16-17.
About 243 dutiable containers were cleared during the month of December FY2016-17 while the dry port cleared 280 containers during November while 217 ones were cleared in October FY2016-17. About 231 containers were cleared during September and 264 containers were cleared in August. During the month of July FY2016-17, the dry port cleared 194 dutiable containers.
