ISLAMABAD: The Customs North Region, which comprises Collectorates of Islamabad, Peshawar, Samberial and Gilgit-Baltistan, earned less collection from 1st to 14th of September Financial Year FY2017-18 under the head of Customs Duty (CD) against the collection of the same head during the initial 14 days of FY16-17.
The North Region generated Rs304.19million during 14 days of September FY17-18 while it did Rs434.86million of CD during 14 days of September FY16-17. So the recorded deficit is Rs130million during 14 days. Only Collectorate of Peshawar received extra revenue during 14 days of September FY17-18 against the same period FY16-17 under the head of CD.
According to details explained by sources of North Region that, during 1st to 14th of September FY17-18, the Collectorate of Islamabad received Rs114.26million as CD whereas it got Rs180.98million of CD during 14 days of previous September FY16-17. The Islamabad Collectorate collected Rs49million less revenue during initial 14 days of September FY17-18 against the corresponding September FY16-17.
The Customs Collectorate Peshawar earned Rs11million extra revenue during 14 days of September FY17-18 against the collection of the same period of FY16-17 under the head of CD. The Collectorate of Peshawar generated Rs161.61million of CD during the initial 14 days of FY17-18 while it did Rs150.99million as CD during FY16-17.
The Collectorate of Samberial paid Rs1.51million of rebate funds during 14 days of September FY17-18 whereas it paid Rs82.99million as rebate refunds during the same days of FY16-17. The Collectorate of GB received Rs29.84million under head of CD during 14 days of September FY17-18 while it got Rs185.88million under the same head during initial 14 days of FY16-17.