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Customs North Region earns extra revenue of Rs2.95m during March

Customs North Region earns extra revenue of Rs2.95m during March

ISLAMABAD: The Customs North Region surpassed revenue collection with extra amount of Rs2.95 million under all heads of duty & taxes during month of March FY18-19 against revenue collection during same period of corresponding year.

Sources of North Region told Customs Today that during the month of March, the North Region which comprises Model Customs Collectorate (MCC) Islamabad, Peshawar, Sambrial and Gilgit-Baltistan showed satisfactory performance.

Sources informed that during the month of March the North Region received less customs duty (CD) of Rs1042.13 million while it earned extra revenue worth Rs1046.98 million during same period last year.

Sources told that the North Region earned extra revenue of Rs1476.16 million under head of sales tax (ST) during March against collection of Rs1334.65 million under same head during last year. The North Region received Rs.49.93 million under head of federal excise duty (FED) while it received amount of Rs157.52 million under head of FED during same period of FY17-18.

Sources told that during the month of March, the North Region received Rs680.01 million under head of Income Tax (IT) against collection of Rs615.92 million under head of IT during same period of corresponding FY17-18.