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IDP’s performance comparatively remains poor during 11 days of September

IDP’s performance comparatively remains poor during 11 days of September

ISLAMABAD: The Dry Port of Model Customs Collectorate (MCC) Islamabad collected Rs16.32million of Customs Duty (CD) during the 1st to 11th of September Financial Year (FY) 2017-18.

According to details explained by the sources of Islamabad Dry Port (IDP) that, during above said period, the performance has been poor against the same period of corresponding FY16-17 due to long holidays of Eid-ul-Azha.
The sources told CT that the IDP was allocated the revenue collection target amounting to Rs271.60million of CD while IDP’s proportional target for 1st to 11th of September FY17-18 was assigned Rs99.59million.
During initial 11 days of September FY16-17, the IDP generated Rs136.87million whereas it did Rs2.292million surplus revenue against the earmarked revenue collection target for the month of August FY 17-18 under the head of CD. The IDP was assigned Rs271.74million while it earned Rs274.669million of CD.
Sources said the Islamabad Dry Port earned Rs274.74million of CD during August FY17-18 while the Islamabad Dry Port did Rs273.659million during the same period of previous August FY16-17.