ISLAMABAD: The Customs Islamabad Dryport earned two-time higher revenue against an assigned revenue for the month of December Fiscal Year 2017-18 as it generated surplus revenue of Rs843million of Customs Duty.
This was stated by Tahir Khattak, Deputy Collector, Islamabad Dryport, while giving an exclusive interview to Customs Today.
He said the Islamabad Dryport (IDP) not only surpassed an assigned revenue collection target for the month of December FY17-18 but it also gained an extra revenue against an earmarked revenue collection target for 2nd Quarter (October to December) FY17-18.
Tahir told CT that, during the month of December FY17-18, the IDP received Rs1276.06million revenue as CD against an earmarked revenue collection target of Rs323.80million. The IDP collected Rs307.97million of CD during the last December FY16-17. The IDP got an extra revenue of Rs968.09million against a revenue collection of corresponding month of December FY16-17.
Deputy Collector told the correspondent that, during 2nd quarter, the IDP displayed 121.99% average of increase against an assigned revenue target of CD for the month of December FY17-18 whereas it proved 122% growth in the revenue collection of December FY17-18 against a revenue collection during the same period of previous December FY16-17.
Tahir Khattak said the IDP earned a revenue of Rs1839.57million during 2nd Q FY17-18 under the head of CD while it was earmarked a revenue collection target of Rs862million. He added that the IDP collected Rs976.94million extra revenue against an allocated revenue collection target for 2nd Q FY17-18. When asked as to how much extra revenue was collected during 2nd-Q against the same corresponding period, he answered that the IDP generated an extra revenue of Rs984million against the previous same period under the head of CD. He further added that the IDP earned Rs855.57million under head of CD during correspondence 2nd Q FY16-17.
He said that the IDP is preparing strategy for revenue collection during 3rd Q (January to March) of FY17-18, he said that under leadership of Saeed Khan Jadoon Collector Model Customs Collectorate Islamabad the IDP not only will receive handsome revenue under head of CD and other heads during 3rd Q whereas it will try to get surplus revenue during upcoming Quarter of FY17-18.
The Answering to a query the Deputy Collector told that correspondence with administration of Pakistan Railway regarding installation of weighbridge at premises of IDP is at final stage and will be available for importers under roof of IDP soon.