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Customs Quetta earns Rs444m more Income Tax than target during 2nd Quarter

Customs Quetta earns Rs444m more Income Tax than target during 2nd Quarter

QUETTA: The Model Customs Collectorate Quetta received an extra revenue of Rs444million as Income Tax against an allocated revenue collection target for 2nd Quarter Fiscal Year 2017-18.

According to details given by Ashraf Ali, Collector Model Customs Collectorate Quetta, that the collectorate generated Rs1082.644million of Withholding Tax (WHT) during 2nd Quarter (October to December) FY17-18 against an assigned revenue collection target of Rs638.08million.
He said the Collectorate of Quetta earned Rs345.241million as ST during the month of December FY17-18 while it was earmarked Rs202.47million of revenue target. The collectorate collected Rs384.957million revenue of ST during the month of November FY17-18 while it was allocated Rs208.23million under the same head.
The collector told CT that, during October FY17-18, the collectorate got Rs345.241million net collection as ST against an earmarked revenue target of Rs227.38million under the same head.
The collectorate showed 74% average of achievement during the month of December against an assigned revenue target of IT while it showed 85% growth during the month of November FY17-18. The collectorate proved 52% average of achievement against an allocated revenue collection target for the month of November FY17-18 as IT.