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Customs North Region displays adequate performance by getting Rs187m more revenue

Customs North Region displays adequate performance by getting Rs187m more revenue

ISLAMABAD: The Customs North Region earned Rs187million more revenue under the head of all duties and taxes during first week of January Fiscal Year 2017-18 than a revenue collection during first corresponding week of January Financial Year 2016-17.

According to details given by sources of the North Region, comprising Customs Collectorates of Islamabad, Peshawar, Samberial and Gilgit-Baltistan, that the North Region showed satisfactory performance under all the heads of revenue collection during first week of January FY17-18 against the same period of previous FY16-17. The Collectorate of Gilgit-Baltistan earned nil revenue because it is a seasonal customs station as it shutdowns during the winter season due to heavy snowfall.
The sources informed Customs Today that the North Region’s Customs Station Islamabad received a revenue of Rs356.46million during first week of FY17-18 while it did Rs324.81million during the same period of FY16-17 under all the heads. The Islamabad Collectorate showed 9.74% average of growth under all the heads during January FY17-18 against a revenue collection during first week of January FY16-17.
It was notified that the Collectorate of Peshawar collected Rs393.94million of revenue under the head of all taxes during first week of January FY17-18 against a revenue collection of Rs197.24million under the same head during the same period of FY16-17. The Peshawar showed 99.73% average of achievement against a revenue collection during first week of January FY16-17.
The sources added that, during first week of January FY17-18, the Collectorate of Samberial earned revenue collection of Rs-34.12million under the head of all duties and taxes whereas it got Rs7.16million under all the heads during previous first week of January FY16-17. The Customs Collectorate of Samberial posted -576.52% average of increase during first week of January FY17-18 against a revenue collection during the same period of corresponding FY16-17.