ISLAMABAD: The Model Customs Collectorate Islamabad collected three times extra revenue against an earmarked revenue collection target under all the heads during the month of December Financial Year 2017-18.
According to details explained by Saeed Khan Jadoon, Collector Model Customs Collectorate Islamabad, that the collectorate received a handsome surplus revenue of Rs3338.74million against an assigned revenue collection target. The collectorate was allocated Rs1300.79million of revenue target against a collection of Rs4639.53million under all the heads during the month of December FY17-18.
Jadoon appreciated the performance of the officers and other staff of the MCC Islamabad who conducted themselves well by collecting a good amount of revenue during above said period.
The collector told CT that, during the month of December FY17-18, the collectorate was earmarked Rs549.93million while it earned Rs1621.43million of Customs Duty (CD). The collectorate earned Rs1210million under the same head during previous month of December FY16-17.
The collector told the correspondent that the MCC Islamabad collected Rs2578.78million as Sales Tax against an assigned revenue target of Rs492.41million during December FY17-18 whereas the collectorate generated Rs482.63million under the same head during post December FY16-17.
The collectorate got Rs430.34million of Income Tax (IT) against an allocated revenue collection target of Rs252.86million. The collectorate received Rs236million under the same head during corresponding month of December FY16-17.
Saeed Khan further said that, during the month of December FY17-18, the collectorate earned Rs8.99million as Federal Excise Duty (FED) against an earmarked revenue target of Rs5.59million. The collectorate received Rs5.13million under the same head during previous month of December FY16-17.
He said the collectorate showed 356.67% average of growth against the monthly earmarked revenue collection target under all the heads during the month of December FY17-18 while it showed 357% average of achievement during December FY17-18 against a revenue collection under all the heads during corresponding December FY16-17.