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Air Freight Unit Islamabad earns Rs200m extra Customs Duty against earmarked target

Air Freight Unit Islamabad earns Rs200m extra Customs Duty against earmarked target

ISLAMABAD: The Customs Air Freight Unit Islamabad generated Rs200million more revenue than allocated collection target of Customs Duty during 2nd Quarter Fiscal Year 2017-18.

According to details given by Nisar Ahmad Phullerwan, Additional Deputy Collector Air Freight Unit (AFU), that, during 2nd Quarter (October to December) Financial Year (FY) 2017-18, the AFU received a revenue of Rs915.888million against an assigned revenue collection target of Rs714.87million while AFU earned Rs505.00million under the same head during 2nd Q of FY 16-17.
Additional Collector Nisar Ahmad further told Customs Today that, during 2nd Q FY 17-18, the AFU obtained 382.64% average of achievement against an earmarked revenue collection target under the head of CD whereas, during 2nd Q FY17-18, the AFU showed 383% average of growth against a revenue collection of corresponding 2nd Q FY16-18.
During the month of December FY17-18, AFU earned Rs366million of CD while it was assigned Rs270million of revenue target. He added that AFU collected Rs284million of CD during the month of November FY17-18 against an earmarked target of Rs228million whereas AFU generated Rs264million under the same head during October FY17-18 against an allocated target of Rs215million under the head of CD.