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Islamabad Dry Port earns Rs 94.95m CD during 15 days of November
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Islamabad Dry Port earns Rs 94.95m CD during 15 days of November

ISLAMABAD: The Islamabad Dry Port earned of Rs 94.95 million under head of customs duty in the first 15 days of November during the current financial year, sources said.

Sources said that since the government imposed regulatory duty on imports, the Islamabad dry port earned less revenue as compared to the correspondence month of the previous financial year.

During the first 15 days of November FY2017-18, the cargo handling activities at the dry port turned slow, sources said, adding that the port was assigned proportional revenue target of Rs 138.60 million under head of customs duty but it earned Rs 94.95 million.

The sources said that during first 15 days of November FY2017-18, the Islamabad Dry Port achieved an average of 34.25 percent under head of customs duty.

The IDP has been assigned revenue collection target of Rs.277.19 million under head of CD for month of November FY17-18, sources added assigned target is looking very hard to achieved.

Sources was told that IDP was assigned proportional target for initial 15 days October FY17-18 Rs118.16 million under head of CD while it was faced amounting to Rs5.00 million shortfall against assigned proportional target , sources added that the IDP was earned Rs113.30 million of revenue under head of CD for said period against assigned target for initial fifteen days of November.

The sources told that during above said period of October FY17-18 the IDP showed achievement with average of 43.30% percent against assigned target for month of October FY2017-18, the sources added that the IDP has been assigned revenue collection target for month of October FY17-18 in amount of Rs261.64 million.