ISLAMABAD: The Model Customs Collectorate Islamabad surpassed its assigned revenue target of Rs5977.88million of CD (customs duty) during 2016-17 whereas the collectorate received Rs6065.01million under the same head against the assigned target for FY16-17. So the collectorate has achieved the plus amount of Rs87million.
The collectorate was assigned very hard target during the last four months (March to June) FY16-17 of Customs Duty (CD). However with equal efforts of the staff of the MCC Islamabad, the collectorate met its extra added assigned revenue target of Rs166.00million of CD during said period. Collector MCC Islamabad Dr. Arslan named the officers as Additional Deputy Collector AFU Khawaja Khuram Naeem, Deputy Collector Shahid Jan and Assistant Collector Islamabad Dry Port Amanat Khan for giving him full support to meet the huge revised revenue target for the last four months of FY16-17.
According to details told by Collector MCC Islamabad while giving an exclusive interview to Customs Today, he said his whole team worked shoulder to shoulder during the Financial Year 2016-17 to meet the revenue target. During his tenure, the collectorate of Islamabad surpassed the assigned revenue collections for corresponding FY2015-16 and during FY16-17.
The Collector MCC Islamabad told CT that during FY2016-17, the collectorate achieved its allocated collection target with 99% under the head of All Duty and Taxes. During said period, the collectorate earned millions of rupees through recoveries. During June FY2016-17, the MCC Islamabad recovered pending amounts from Pakistan International Airline (PIA), Passport Office and Cabinet Division. During June FY16-17, the collectorate recovered Duty and Taxes from defaulters .i.e. Al-Haj Traders, Haideri Beverage and Venus Bounded Carriers.
Dr. Arslan said that during (July to June) FY16-17, the collectorate earned Rs5203.11million Sales Tax (ST) whereas it collected Rs2735.57million of Withholding Tax (WHT) and the MCC Islamabad generated Rs470.31million. Ex-Chairman Federal Board of Revenue (FBR) Dr. Arshad wrote a letter of appreciation to the MCC Islamabad on meeting the hard revenue collection target for Financial Year 2016-17. He told CT that the Chairman wrote in his words “it gives me immense pleasure to congratulate you and your team on outstanding performance for the FY16-17. I feel really proud of seeing the results of your efforts which reflects your command on administrative and technical skills for such an accomplishment”.
He said all the customs stations, working under the umbrella of the MCC Islamabad including Islamabad Dry Port (IDP), Air Freight Unit (AFU), Car Section, Bonded Warehouse, Unaccompanied baggage and Accompany Baggage, surpassed their allocated revenue collection targets for June FY16-17 under the head of CD.
He further said all the said customs stations were assigned with the revenue collection targets of Rs867.64million for June FY16-17 whereas all the stations earned Rs950.88million of CD during said period. All the stations collected extra Rs83.24million of CD during June Fy16-17. During the month of June to meet the earmarked revenue collection target, the MCC Islamabad earned Rs109.00million by holding four auctions of confiscated goods during the month of June FY16-17.