PESHAWAR: The Bacha Khan International Airport Peshawar has collected an amount of Rs76.77million revenue in November of current Financial Year (FY) against Rs66million generated in November of Previous FY2016-17.
This was stated by Assistant Collector Airport Asma Javid while talking with Customs Today on Thursday.
The Assistant Collector termed it a vital necessity to implement the customs bylaws on every single entity which goes across abroad or enters into our territory for application of duties and taxes.
The Assistant Collector added that several seizures have been made in these last three months on vital tip-offs given by Collector Customs which earned a great deal of revenue for the national exchequer.
Regarding the current statement of the Bacha Khan International Airport, the Assistant Collector said that Rs29.06million Customs Duty was collected up to November and Rs23.68million was added as Sales Tax during November of current FY2017-18.
In the same way, an amount of Rs20.96million was generated under the head of all Withholding Taxes in November including Rs2.93million which was received from ST on VM palm oil.
The BKIAP has performed smartly by showing progress in the revenue collection. At the end of current Fiscal Year, the duty collection will defiantly exceed the target of achievement.
About customs regulations at airport, the assistant collector informed CT that active staff of the Pakistan Customs has been posted who performs smart duties in order to minimize the risk of loss to the national exchequer.
No efforts will be allowed to eliminate the risk of smuggling for which equipments have also been upgraded and a number of officers have been enhanced at the air freight units.