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IDP earmarked slightly higher CD target with Rs800m for 2nd Quarter

IDP earmarked slightly higher CD target with Rs800m for 2nd Quarter

ISLAMABAD: The Customs Islamabad Dry Port has been assigned a collection target of Rs800million as Customs Duty for 2nd Quarter Fiscal Year 2017-18.

According to details given by Deputy Collector Tahir Iqbal Khattak that the revenue target is slightly higher against the 1st Quarter (July to September) Financial Year (FY) 2017-18. The collectorate was allocated Rs706.54million of CD whereas the Islamabad Dry Port was done a Rs841.43million revenue collection target for 2nd Quarter (October to December) FY17-18 as CD.
Telling about the details of earmarked target for first quarter, Deputy Collector told CT that the IDP was assigned Rs163.20million of CD for the month of July FY17-18 while it was done Rs271.74million under the same head for the month of August FY17-18. And the IDP was allocated a revenue collection target of Rs271.60million as CD for the month of September FY17-18.
Tahir further told CT that, for 2nd Quarter, the collectorate was assigned CD targets of Rs261.64million for the month of October FY17-18 while IDP was allocated Rs277.19million under the same head for the month of November FY17-18. And the Collectorate of Islamabad was earmarked Rs303.80million of CD for the month of December FY17-18.
Deputy Collector Tahir Iqbal Khattak is optimistic that the earmarked revenue target will not only be met under the head of CD for 2nd Quarter but IDP will also surpass the target under all the heads for the 2nd Quarter FY17-18.