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Islamabad Customs Collectorate helps AFU surpass revised customs duty target during 2016-17

Islamabad Customs Collectorate helps AFU surpass revised customs duty target during 2016-17

ISLAMABAD: The administrative measures taken by the Model Customs Collectorate Islamabad helped the Air Freight Unit to surpass the revised revenue target of Customs Duty (CD) during Financial Year (FY) 2016-17. The AFU collects millions of rupees through evacuated cases from the Supreme Court against Al-Haj Traders, the 2nd cause was those payments which laid at Duty & Tax Remission for Export Pakistan Customs (DTRE) Section. The AFU cleared them and added the said payments to the account of the AFU. The third reason to meet the assigned target was the amounts come through Bank guarantees and the other one cause was to get involved the importers in facilitation by solving their problems they face during doing their business.

The AFU recovered pending payments of Rs129.7million by Pakistan International Airline (PIA) during FY2016-17. About Rs104.2million was earned by 27 kilogram of confiscated gold and the AFU also got deferred payments from the NADRA and Cabinet Division to meet the revenue shortfall of FY16-17.
The AFU Islamabad generated Rs937.6million extra revenue against the allocated target for Financial Year (FY) 2016-17 of Customs Duty (CD). The AFU received Rs2396.60million of CD during Financial Year (FY) 2016-17 against the earmarked target of Rs1459.00million under the same head during July to June FY2016-17.
According to details told by Shahid Jan Deputy Collector AFU while giving an exclusive interview to Customs Today, he said the performance was tremendous during FY2016-17 under the head of CD against the allocated revenue target under the same head. The AFU earned Rs444.56million of CD during June FY16-17 against the assigned target of Rs395million under the same head.

The AFU earned Rs49.56million extra revenue of CD during June FY16-17.
He told CT that the AFU earned Rs205.31million during May FY16-17 against the assigned target of Rs319.00million under the same head whereas the AFU earned Rs219.14million CD against the target of Rs225million.

During the month of April FY16-17, the AFU was assigned with the collection Rs255million of CD whereas it earned Rs196.00million under the same head.
During March FY16-17, the AFU was assigned with the collection of Rs225.00million of CD whereas AFU collected Rs219.14million under the same head. During February FY16-17, the AFU earned Rs159.72million against the allocated target of Rs185.00million. During the month of JanuaryFY16-17, the AFU received Rs211.76million of CD against the earmarked target of Rs.220.00 million.
Shahid Jan told CT that during December FY16-17, the AFU generated Rs200.74million against the allocated target of Rs215.00million whereas the AFU collected Rs152.9million of CD against the assigned target of Rs200.00million. During the month of November FY16-16, the AFU assigned the target of Rs148.48million of CD against the set target of Rs185.00million during October FY16-17.
The Deputy Collector said that during the month of September FY16-17, the AFU was assigned with the collection of Rs140.00million of CD whereas the AFU got Rs143.00million against the allocated target for said period.