Quantcast
Thursday , October 19 2017
Breaking News
Home / Illustrations / Peshawar customs gets Rs1686.51m ADT while it does Rs1670.86 revenue in May 2016-17
Peshawar customs gets Rs1686.51m ADT while it does Rs1670.86 revenue in May 2016-17

Peshawar customs gets Rs1686.51m ADT while it does Rs1670.86 revenue in May 2016-17

PESHAWAR: The Model Customs Collectorate Peshawar (MCCP) collected a total of Rs1686.51million All Duty Taxes while it received Rs1670.86million revenue during the month of May 2016-17 with a difference of Rs16.25 million.

According to official figures of the Peshawar Customs House, it generated Rs413.17million during May 2017 under the head of Customs Duty against Rs441.45million during May2016. The total difference in this sector was recorded minus Rs28.38million while the difference in percentage was minus 5.14 percent.

Under the head of Sales Tax on Import, the house received Rs373.41million during May 2017 as compared to Rs377.73million of May 2016 having a difference of minus Rs4.34million while the difference in percentage is minus 1.11 percent.

Under the head of Sales Tax levied as Federal Excise Duty on palm oil, the house earned Rs172.52million in May 2017 against Rs163.22million of May 2016. The difference in percentage is 4.45 percent while the difference in rupees noticed is Rs7.30million.

In term of Federal Excise Duty on Imports, the house collected Rs14.55million in May 2017 against the previous year of this month which is Rs21.34million with a difference of minus Rs5.79million and the difference in percentage is minus 27.1`3 percent.

Under the head of Withholding Tax, the Custom House received Rs282.11million against the previous year of this months which is Rs1124.70million with a total difference of minus Rs842million while the difference in percentage is minus 74.92 percent.

After the border management, the smuggling trend and irregular supply of goods have reduced to a great extent which has affected overall collection and revue generation via Pak-Afghan transit rout.