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Customs North Region earmarked a revenue collection target of Rs2999m for April

Customs North Region earmarked a revenue collection target of Rs2999m for April

ISLAMABAD: The Customs North Region has been assigned a revenue target for the month of April FY17-18 with an amount of Rs2999million under all the heads, correspondent of Customs Today learnt.

According to details explained by official sources of thre North Region, comprising Model Customs Collectorates (MCC) Islamabad, Peshawar, Sialkot and Gilgit-Baltista, that the North MCC Islamabad has been allocated Rs1281.83million under the head of all duties and taxes for the month of April FY17-18.
The MCC Peshawar has been assigned an amount of Rs1709.90million of all duties and taxes for the month of April FY17-18 while MCC Sialkot has been allocated Rs-37.53million under the same head for the same period as well as the MCC Gilgit-Baltistan has been earmarked an amount of Rs44.89million under the head of all taxes for the month of April FY17-18.
The North Region has been assigned Rs1206.02million as Customs Duty (CD) for April FY17-18 whereas the North earmarked Rs1140.19million revenue target under the head of Sales Tax (ST) for April as well as the North Region has been allocated Rs32.78million of Federal Excise Duty (FED) while the North Region assigned Rs620.10million as Income Tax (IT) for April FY17-18.
The sources notified CT that the North Region was assigned Rs2834.72million revenue target for the month of March FY17-18 whereas it was assigned Rs2437.28million under the head of all taxes for the month of February FY17-18 as well as the North was earmarked Rs2874.65million of all taxes for January FY17-18.