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Customs North Region stays surplus with Rs33.22m WHT during 11 days of August 2017-18

Customs North Region stays surplus with Rs33.22m WHT during 11 days of August 2017-18

ISLAMABAD: The Customs North Region, comprising four Model Customs Collectorates (MCCs) including MCC Islamabad, MCC Samberial, MCC Peshawar and MCC Gilgit-Baltistan (GB), collected extra revenue of Rs33.22million as With Holding Tax (WHT) during the 1st to 11th of August Financial Year (FY) 2017-18 against the same financial period of FY16-17.

The North Region earned Rs260.63million of WHT during the initial 11 days of August FY17-18 while it did Rs227.41million during the same period of FY16-17.
According to details given by sources of Customs North Region to Customs Today that the MCC Islamabad generated less revenue of WHT than the revenue of the of the last year. During the initial 11 days of August, the MCC Islamabad received Rs98.90million of WHT against the collection of Rs107.61million during the same period of FY16-17.
The sources told CT that, during early 11 days of August, the MCC Peshawar got Rs132.83million as WHT whereas it did Rs97.48millionof WHT during the same period of last Financial Year FY16-17. The MCC Peshawar showed surplus collection against the corresponding period under the head of WHT.
The MCC Samberial earned Rs3.69million of WHT during early 11 days of FY17-18 whereas it did Rs3.43million under the same head during the same period of FY16-17. The GB also showed extra collection against the corresponding period. During the 1st to 11th of August FY17-18, the GB collected Rs25.21million as WHT while it did Rs18.89million during the same period of FY16-17.