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Customs Appraisement earns Rs8.4 billion in October

Customs Appraisement earns Rs8.4 billion in October

LAHORE: Collectorate of Customs Appraisement recovered record amount in the wake of taxes in October of Fiscal Year of 2018-19.

According to details available with Customs Today the Collectorate showed growth of 25 percent in collection of customs duty in the fourth month of financial year 2018-19. The Collectorate has collected Rs 4 billion against Rs 3.5 billion collected during of September, 2017. Customs Appraisement recovered 25 percent extra as compared to the fiscal year of 207-18 which is a new record in history.

Total revenue collection reached to Rs 8.4 billion in October which is new milestone in history of Customs Appraisement Lahore.

Collector Customs Appraisement Jamil Nasir urged upon the customs officers to make strenuous efforts for optimum revenue collection through trade facilitation and quick clearance of import consignments.