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Islamabad Customs earns Rs164.04m surplus against yesteryear

Islamabad Customs earns Rs164.04m surplus against yesteryear

ISLAMABAD: The Model Customs Collectorate (MCC) Islamabad generated Rs163.04million surplus all duties and taxes during 28th days of July Financial Year FY2017-18 against the collection of all duties and taxes during the same period of last Financial Year 2016-17.

The Customs Collectorate of Islamabad generated Rs883.3million during the 1st to 28th of July FY17-18 of all duties and taxes whereas it received Rs720.29million during the same period of corresponding July FY16-17 under the same head.
According to details explained by Dr. Arslan, Collector MCC Islamabad, that, during said period, the MCC earned a handsome amount against the same period of yesteryear. During said period, the MCC Islamabad earned Rs295.21million of Customs Duty (CD) while it did Rs231.32million under the same head during the last 2016-17.

During the 1st to 28th of July FY17-18, the MCC Islamabad got Rs376.85million of Sales Tax (ST) while it collected Rs293.35million during the same period of FY2016-17. During said period, the collectorate of Islamabad generated Rs174.91million of Income Tax (IT) against the collection of Rs170.52million during the same period of corresponding year.
The Collector MCC Islamabad told Customs Today that, during the 1st to 28th of July FY17-18, the collectorate received Rs36.36million of Federal Excise Duty (FED) while it did Rs25.10million under the same head during the same period of corresponding year 2016-17.
All the customs stations, working under the MCC Islamabad, are working efficiently and it is hoped that the collectorate will earn surplus amount till the end of July FY17-18.