ISLAMABAD: The Margallah Dry Port Islamabad received an extra revenue of over Rs900million against an earmarked revenue collection target of Customs Duty for six months and 23 days of FY2017-18.
According to details explained by Dr. Tahir Iqbal Khattak, Deputy Collector Islamabad Dry Port (IDP), while talking with Customs Today during an exclusive Interview, that the IDP showed an extraordinary performance during above said period. The IDP received Rs2822.129million under the head of CD against an allocated revenue collection target of Rs1883.660million during July to 23rd of January FY17-18.
Tahir Iqbal said the IDP earned Rs955.66million extra revenue during above said priod of FY2017-18 against a revenue collection of CD during the same corresponding period. The IDP generated Rs1866.469million as CD during the same period of FY16-17.
Giving a revenue analysis of July to December FY2017-18, he said that, during said period, the IDP collected Rs2534.382million of CD against an assigned revenue collection target of Rs1549.17million. The IDP got an extra amount of Rs985.212million under the same head against an earmarked revenue collection target.
Talking about the revenue analysis, he said the IDP received Rs2534.382million as CD while the IDP did Rs1540.028million under the same heads during previous July to December FY2016-17. The IDP generated an extra revenue of Rs994.350million during six months of current FY2017-18 against the same period of corresponding FY16-17.
He added that the IDP earned Rs5759.04million of all duties and taxes during July to December FY17-18 against an assigned revenue target of Rs3246.56 million. The IDP earned Rs2512.48million of extra revenue under all the heads during first six months of FY2017-18 against the same period of corresponding FY20 16-17.
Deputy Collector IDP told CT that, during first six months, the IDP entertained imported commodities including different kinds of fabrics, used and new auto parts, food stuff and various China made products, garments, furniture, crockery, suit cases, decoration items, stationery, baggage, toys, industrial raw material and its components.
Replying to a query, he said major imported commodities during first seven months of FY17-18 came from China and the other main items imported from China are fabric, decoration items, toys, crockery and electric fittings.
He said the food stuff is imported from UAE, UK and USA while used auto parts came from China, Japan, Malaysia and UAE.