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Home / Islamabad / Customs North Region generates Rs868.88m more take in 10 days than last year’s
Customs North Region generates Rs868.88m more take in 10 days than last year’s

Customs North Region generates Rs868.88m more take in 10 days than last year’s

ISLAMABAD: The Customs, North Region, which consists of four Model Customs Collectorates including MCC Islamabad, MCC Samberial, MCC Peshawar and MCC Gilgit-Baltistan, collected extra revenue worth Rs868.88million as All Duties and Taxes during July 1st to August 10th of Financial Year FY2017-18 against the 10 days of corresponding period of 2016-17.

According to details explained by sources of Chief Collector that, during said period, the collectorates, working under North Region, showed 25.99 % growth against the same heads during corresponding period. The sources added that, during above said period of 01 to August 10th FY17-18, the MCC Islamabad earned Rs1390.35million of revenue under all the heads during 10 days of July against the revenue collection valued at Rs1356.78million under the same head of corresponding period FY2016-17.
The sources told CT that, during said period of FY17-18, the MCC Peshawar generated Rs1982.47million as all duties and taxes while it did Rs1343.12million during the same period of FY16-17. The sources added that the MCC Gilgit-Baltistan received Rs400.34million of revenue under all the heads during July 1st to August 10th of current financial year while it got Rs330.91million during the same period of yester FY2016-17.
The sources further said that, during July 1st to August 10th FY17-18, the MCC Samberial paid rebates to exporters worth Rs-202.71million under all the heads while it did Rs-196.81million during the same period of corresponding FY2016-17.

Meanwhile, The Customs North Region, which comprises four Model Customs Collectorates (MCCs) including MCC Islamabad, MCC Samberial, MCC Peshawar and MCC Gilgit-Baltistan (GB), generated Rs33.46million extra Sales Tax (ST) during 1st to 10th of August Financial Year (FY) 2017-18 against the corresponding period of FY16-17.

According to details explained by sources of Customs North Region to Customs Today, the MCC Peshawar earned Rs202.92million as ST during 1 to 10 August FY17-18 while it did Rs166.35million of ST during the same period of previous FY16-17.
The sources told CT that the MCC Islamabad received Rs214.81million during 1st to 10th of August against the collection of Rs241.95million as ST during the same period of FY16-17. During above said period of FY17-18, the MCC Samberial got Rs7.75million of ST while it did Rs10.95million under the same head during 1st to 10th of August of FY16-17.
The sources further said the MCC GB generated Rs70.94million of ST during 1st to 10th of August FY17-18 while it did Rs43.71million as ST during the same period of FY2016-17.