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Faisalabad Customs collects Rs1019.040 million

Faisalabad Customs collects Rs1019.040 million

FAISALABAD: Customs Collectorate of Appraisement collected Rs1019.040 million in wake of duty and taxes against the assigned target of Rs1703 million in December 2018.

As per details, the Faisalabad Customs Appraisement has achieved its target by 60 percent. It has collected Rs476.407 million under the head of customs duty against the assigned target of Rs510 million and achieved the target by 93 percent.

It also collected sales tax to the tune of Rs526.995 million against the set target of Rs1182 million by achieving the target by 45 percent during the said period.

Similarly, the Customs Appraisement has collected Rs15.638 million against the set target of Rs11 million under the head of income tax and achieved its target by 142 percent. In wake of federal excise duty (FED) the Collectorate could not collect any taxes.

Collector Customs Appraisement Mirza Mubashir Baig urged upon the customs officers to make strenuous efforts for optimum revenue collection through trade facilitation and quick clearance of import consignments.