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Sialkot Customs allocated Rs2116.1m target for FY2017-18

Sialkot Customs allocated Rs2116.1m target for FY2017-18

ISLAMABAD: The Federal Board of Revenue has assigned Model Customs Collectorate Sialkot the revenue collection target of Rs2116.1 million as Customs Duty, Rs328.75 million of Sales Tax and Rs135.21 million as Withholding Tax (WHT) for Financial Year 2017-18.

According to details given by Abdul Rauf, Collector Model Customs Collectorate (MCC) Sialkot, that the collectorate has been allocated the revenue collection target for first quarter (July to September) FY17-18 amounting to Rs1129.83million under the head of Customs Duty (CD) while earmarked Rs69.05million of Sales Tax (ST) and did Rs30.30.17million as Withholding Tax (WHT).
The collector told CT that Samberial (Sialkot) collectorate set a revenue target for 2nd-Quarter (October to December) FY17-18 as it did Rs1256.90million of CD, Rs66.49million as ST while it was done target of Rs31.85million of WHT for 2nd-Quarter FY17-18.
The Federal Board of Revenue assigned revenue target for 3rd-Quarter (January to March) FY17-18 of Rs430.50million of CD to the collectorate while allocated Rs97.36million as ST and the collectorate of Samberial has been earmarked Rs38.52million under head of WHT.
Abdul Rauf said the Collectorate of Samberial has been allocated the revenue target of Rs289.38million as CD, Rs95.86million of ST and Rs34.66million has been assigned under the head of WHT for 4th-Quarter (April to June) FY17-18.