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Customs North Region posts 28.71 percent growth during 10 days of November

Customs North Region posts 28.71 percent growth during 10 days of November

ISLAMABAD: The North Region collected surplus revenue of Rs287.82million of all duties and taxes against the earmarked proportional revenue target from 1st to 10th of November of Financial Year 2017-18. The North showed 28.71% increase against the abovementioned proportional assigned revenue target.

According to details explained by the sources of the North Region which, comprising collectorates of Islamabad, Peshawar, Gilgit-Baltistan and Sialkot, earned Rs1276.90million as all duties and taxes against the allocated proportional revenue target of Rs992.08million during the first 10 days of FY17-18. The North generated Rs927.83million under all the heads during the same period of corresponding FY16-17.
The North’s Customs Station, Collectorate of Islamabad, earned Rs109.92million extra revenue under all the heads during initial 10 days of November FY17-18 against the earmarked proportional revenue target. During said period, the Islamabad Customs received Rs483.68million of all taxes while it was assigned proportional revenue target of Rs373.86million during the same period of all taxes.
The sources said the Collectorate of Peshawar collected surplus revenue of Rs627.82million against the assigned proportional revenue target of Rs535.21million under all the heads. The Collectorate of Samberial was earmarked Rs.-63.90million target for the first 10 days of November FY17-18 while it paid Rs.-14.88million of rebate refunds under all the heads.
The Collectorate of Gilgit-Baltistan (GB) generated surplus revenue of Rs150.92million under all the heads during the first 10 days of November FY17-18 against the allocated target of Rs146.90million.