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Dry port earns Rs59.00m more CD than assigned target

Dry port earns Rs59.00m more CD than assigned target

ISLAMABAD: The Islamabad Dry Port (IDP) earned Rs59.00million more Customs Duty during nine and a half months (July to 15th of April) Financial Year 2016-17.

The IDP collected Rs2599million Customs Duty during above said period against the revised assigned target of Rs2540million for said period.

According to details told by Assistant Collector IDP Amanat Khan, most of the imports through IDP comprised fabric which came from China adding that the other mostly imports comprised auto parts which came from different parts of the word.

He said that during initial 15 days of April, the IDP collected Rs144.508million CD whereas the IDP was assigned Rs331.00million revised revenue target adding that the IDP was previously assigned Rs270million target for current month but he assured to meet the revised assigned target of April FY2016-17.

He said the IDP earned Rs2455million Customs Duty during nine months of Financial Year 2016-17. During the first three quarters, the dry port was assigned Rs2208million Customs Duty. In this way, the dry port stays surplus with Rs247million profit against the assigned target.

The dry port collected Rs771.00million CD during the month of March 2016-17 against the assigned target of Rs585.00million. The dry port Islamabad exceeded all the previous months’ targets. The dry port received Rs152.21million more Customs Duty than the assigned target of Rs123.21million for February of Financial Year 2016-17.

During the month of January FY2016-17, the dry port generated Rs326.441million Customs Duty against the assigned target of Rs270million, so the dry port surpassed the target with Rs.+56million. During December 2016-17, the dry port collected Rs307.965million CD against the assigned target of Rs260million. During November FY2016-17, the dry port received Rs285.858million CD against the assigned target of Rs245million.

During October FY2016-17, the dry port Islamabad got Rs261.737million CD against the set target of Rs225million. During September FY2016-17, the dry port collected Rs289.208million CD against the assigned target of Rs290million.

During August FY2016-17, the dry port collected Rs275.659million CD against the assigned target of Rs276million. During July FY2016-17, the dry port generated Rs158.624million against the assigned target of Rs119million.