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Customs Gilgit-Baltistan receives Rs180.82m surplus revenue against assigned target

Customs Gilgit-Baltistan receives Rs180.82m surplus revenue against assigned target

GILGIT-BALTISTAN: The Model Customs Collectorate Gilgit-Baltistan (GB) received Rs180.82million more revenue in the present FY than the one earned under all the heads against revenue collection during the same period of corresponding Fiscal Year 2016-17.

Ali Raza, Collector Model Customs Collectorate Gilgit-Baltistan (GB), told Customs Today that, during first half (1st July to 31 December) FY17-18, the Customs Collectorate of GB generated Rs2327.77million under all the heads while it did Rs2146.95million during the same period of FY16-17.
The Collector of GB told CT that the GB collected Rs921.63million of Customs Duty (CD) during first half of FY17-18 whereas the GB did Rs999.72million under the same head during first half of FY16-17.
The GB got Rs1025.21million as Sales Tax (ST) during first half of FY17-18 against a revenue collection of Rs826.88million under the same head during first half of previous FY16-17. He notified the correspondent that the GB generated Rs380.93million of Withholding Tax (WHT) during first half of FY17-18 while it did Rs320.35million under the same head during first half of corresponding FY16-17.
Ali Raza told CT that the GB proved 143.76% average of achievement during first half of FY17-18 against a revenue collection during the same period of previous FY16-17.