ISLAMABAD: The MCC Islamabad generated Rs305million extra revenue during a first half of January FY17-18 against an assigned proportional revenue collection target under all the heads.
According to details explained by Saeed Khan Jadoon, Collector Model Customs Collectorate (MCC) Islamabad, that the collectorate received an extra revenue of Rs308million under all the heads during a first half of January FY17-18 against the same period of corresponding first half of January FY16-17.
During a first half of January FY17-18, the Collectorate of Islamabad collected Rs915.17million of revenue under all the heads against an allocated proportional revenue collection target of Rs609.75million while it earned Rs607.07million of revenue under all the heads during a first half of January FY16-17.
Jadoon told CT that the collectorate showed 72.62% average of achievement during a first half of january 2017-18 under all the heads against an earmarked revenue collection target of January FY17-18. The collector noted that the MCC Islamabad demonstrated 150% average of growth in revenue collection under all the heads during 1st to 15th of January FY17-18 against a revenue collection during the period of FY16-17.
The collectorate earned Rs275.63million of Customs Duty up to January FY17-18 against an allocated proportional revenue collection target of Rs294.21million. The collectorate got a revenue of Rs291.95million under the head of CD during the said period of FY16-17.
The collectorate generated Rs380.55million as Sales Tax against an earmarked proportional revenue target of Rs203.25million. The collectorate received Rs156.22million of Income Tax during a first half of January FY17-18 against an assigned revenue target of Rs107.48million while it earned Rs102.77million as Federal Excise Duty (FED) during a first half of January FY17-18 against an allocated proportional target of Rs.4.80million.