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Islamabad AFU generates Rs235m more ST than allocated target during FY2016-17

Islamabad AFU generates Rs235m more ST than allocated target during FY2016-17

ISLAMABAD): The Air Freight Unit (AFU) Islamabad earned Rs235 million extra sales tax against the assigned target of financial year 2016-17.

The AFU was assigned the revenue target of Rs1880 million under the same head against the surplus collection of Rs2114.52 million for above said period.

According to details told by Additional Deputy Collector Khawaja Khuram Naeem that the AFU Islamabad was assigned the hard revised targets for the last four months (March to June) FY16-17.During the month of June FY16-17, the AFU Islamabad earned Rs144.24 million extra revenue against the assigned target of ST. During June 16-17, the AFU received Rs584.24 million Sales Tax against the assigned target of Rs440 million.
During the month of May, the AFU generated Rs301.43 million of ST against the target of Rs350 million whereas it was assigned Rs300 million target of ST against the collection of Rs208.57 million during the month of April FY 16-17.
During the month of March FY16-17, the AFU got Rs304.63 million against the allocated target of Rs270 million of ST while the AFU earned Rs319.43 million against set target of Rs220 million of ST during the month of February FY16-17. During the month of January, the AFU generated Rs190.02 million against the earmarked target of Rs260 million of ST.
During December FY16-17, the AFU collected Rs388.15 million against assigned target of Rs250 million under the same head while the AFU earned Rs256.64million against the given target of Rs240 million of ST and the AFU did Rs240.58 million against the allocated target of Rs225 million under the same head during the month of October 16-17.
During the month of September FY16-17, the AFU received Rs304.15 million against the assigned target of Rs176 million of ST. During August FY16-17, the AFU generated Rs210.02 million against the set target of Rs319 million under the same head whereas the AFU collected Rs205.5 million against the earmarked target of Rs190 million of ST.