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Multan Customs collected Rs1581.891m revenue during first 16 days of August

Multan Customs collected Rs1581.891m revenue during first 16 days of August

MULTAN: The Customs Collectorate collected revenue Rs1581.891 during the first sixteen days of August of economic year 2017-18 in all heads of duties and tax.

According to details, Customs Collectorate Multan has collected Rs351.325 million under the head of customs duties in the first 16 days of August during on-going economic year 2017-18. The Customs Collectorate Multan has witnessed marginable growth under the head of customs duty in August due to their effective strategy. Multan Customs made customs duty (CD) collection of Rs169.895 million during the corresponding period of August of Fiscal Year 2016-17.

Sources told Customs Today that Collectorate of Customs collected Rs.1230.164 million under the head of sales taxes during the first 16 days of August in fiscal year 2017-18. Multan Customs has posted three times growth under the head of sales tax during first 16 days of August.

While Customs Collectorate Multan has collected Rs.436.295 million during the first 16 days of August in the equivalent period of fiscal year 2016-17.

Multan Customs Collectorate collected Rs0.304 million under the head of withholding tax in the first 16 days of August during current economic year 2017-18. The Customs Collectorate Multan were able to collect withholding tax of Rs0.398 million for the duration of  first 16 days of August in matching period 2016-17.

The Customs Collectorate has generated federal excise duty (FED) of Rs0.033 million in the first 16 days of August during monetary year 2017-18. However, Multan Customs was not able to collect any revenue during first 16 days of August in fiscal year 2016-17.

Multan Customs has collected Rs590.582 million under the head of petroleum development levy during the first 16 days of August in the economic year 2017-18.