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Peshawar BWH receives Rs481.36m of all duties and taxes from July to August

Peshawar BWH receives Rs481.36m of all duties and taxes from July to August

PESHAWAR: The Bonded Ware House (BWH) Peshawar collected Rs481.36million of all duties and taxes from July to August Financial Year (FY) 2017-18.

According to details given by sources of the MCC Peshawar that, during above said period, the BWH generated Rs170.17million of Customs Duty (CD) while it did revenue of Rs0.29million of With Holding Tax (WHT) and surcharge whereas the BWH earned Rs3.07million of Redemption Duty (RD) on Imports.
The sources told CT that, during July to August FY2017-18, the BWH collected Rs17.36million of Sales Tax (ST) while it did Rs248.10million of ST on Palm Oil whereas it received Rs23.92million of Additional Income Tax.
The sources further told CT that, during initial two months of current Financial Year (1st July to 31 August) FY17-18, the BWH Peshawar received Rs18.45million of Federal Excise Duty (FED) on Imports.