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Dry Port Peshawar goes profitable by earning Rs426.89m more revenue yearly

Dry Port Peshawar goes profitable by earning Rs426.89m more revenue yearly

PESHAWAR: The Dry Port Peshawar has got Rs3510.08million of revenue collection up to December of current Financial Year 2017-18 which is Rs426.89million more than the revenue collection in December of previous FY 2016-17.

The record showed on Monday that the Dry Port Peshawar collected Customs Duty of Rs1444.05million up to December of current FY 2017-18 in which the Dry Port Peshawar did Rs367million Redemption Duty and generated Rs0.3million by selling of miscellaneous goods.

The Dry Port Peshawar received Rs1276.27million revenue under the head of Sales Tax in which Rs202.58million was done as ST on VM com imports in December of current FY 2017-18.

The Dry Port Peshawar earned Rs561.51million of Withholding Tax in December of current FY2017-18 including Rs26.46million collected as Federal Excise Duty by December of current FY.

The customs staff posted at the Dry Port Peshawar has been busy in two shifts to facilitate the consignments’ clearance of the importers after strict measures were ordered by the Federal Board of Revenue.

The Dry Port Peshawar clears goods weighed million of tons each month for which special duty hours have been announced at the DPP.

Collector Customs Gull Rahman at Customs House Peshawar also lauded the efforts of the officials of the Dry Port Peshawar for making such substantial increase in the revenue collection.

The Collector Customs also praised the Deputy Collector Dry Port Peshawar for observing strict surveillance to eliminate the risk of corruption in the consignment clearing procedure by officials of the Dry Port Peshawar.