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Home / Breaking News / Appraisement collects Rs4,336m customs duty in Jul-Aug with 62% growth
Appraisement collects Rs4,336m customs duty in Jul-Aug with 62% growth

Appraisement collects Rs4,336m customs duty in Jul-Aug with 62% growth

LAHORE: Collectorate of Customs Appraisement, Lahore collected Rs4,336 million customs duty during the first two months (July-August) of current fiscal year (2017-18) with 62 per cent growth.

The collectorate collected Rs2,682 million customs duty during the same period of previous fiscal year (2016-17).

The Customs Appraisement overall generated Rs13,446 million during the corresponding period under the different heads of duties and taxes as compared with the previous year’s Rs8,592 million, showing 57 per cent increase.

Collector Jamil Nasir lauded his team for collecting increased duties and taxes and said that transfers/postings in the collectorate has also improved the importers’ confidence in the Customs Department. He said that prominent decrease in business cost has been recorded after appropriate steps taken by the authorities concerned.

“The collectorate is seeking feedback from importers and license holders for making clearance process more easy and smooth at the dry ports,” the collector added.