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Faisalabad Appraisement collects Rs 265.02m customs duty

Faisalabad Appraisement collects Rs 265.02m customs duty

FAISALABAD: The Collectorate of Customs Appraisement collected Rs 265.02 million under the head of customs duty (CD) during the Fiscal Year 2017-18.

Sources told Customs Today, that this amount is 52 percent extra as compared to the collection of Fiscal Year 2016-17. Sources told that customs Appraisement collected sales tax (ST) Rs633.97 millions during the month of July. Sources told that the collected amount is more than 26 percent as compared to the collection of same month of previous Fiscal Year.

Furthermore, Collection of Withholding tax stands at Rs17.92 as compare with fiscal year Rs10.33 million collected.

It is necessary to mention here that Collector Customs Appraisement Muhammad Sadiq lauded the efforts of his Collectorate which work devotedly and not only achieved the assigned revenue collection target but surpassed it with a big margin.

Sources told that Collector Muhammad Sadiq directed his team to use all available resources to collect outstanding tax amount from defaulters specially those who are willfully avoiding to pay tax.