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Customs Appraisement posts 25pc growth during November

Customs Appraisement posts 25pc growth during November

LAHORE: Collectorate of Customs Appraisement recovered record amount in the wake of taxes during the month of November of Fiscal Year of 2018-19 with the increase of 25 percent.

According to details available with Customs Today the Collectorate showed growth of 25 percent in collection of customs duty in the fifth month of financial year 2018-19. The Collectorate has collected Rs 4.16 billion against Rs3.3 billion collected during of November in the fiscal year of 2017-18. Customs Appraisement recovered 25 percent extra as compared to the fiscal year of 207-18 which is a new record in history.

Collector Customs Appraisement has urged upon the customs officers to make strenuous efforts for optimum revenue collection through trade facilitation and quick clearance of import consignments during a meeting held at Customs Mughalpura office.