PESHAWAR: The MCC Peshawar earned Rs22million of extra revenue of Customs Duty during first 30 days of January FY17-18 against the monthly revenue target while the MCC Islamabad faced a shortfall of Rs120million under the same head during the same period.
According to details explained by official sources of the North Region that, during first 30 days of January FY17-18, the Model Customs Collectorate (MCC) Peshawar generated Rs663million as Customs Duty (CD) while it was earmarked a target of Rs641million for the month of January FY17-18. The Peshawar collected Rs353.85million under the same head during the same period of corresponding FY16-17.
The sources told CT that Peshawar posted 87.57% growth of CD during January FY2017-18 against the revenue collection during the same period of FY16-17. The Collectorate of Peshawar earned Rs310.85million of additional revenue of CD during January FY17-18 against the corresponding period.
The MCC Islamabad displayed -6.31% revenue collection performance during January 2017-18 against the same previous period FY16-17. The collectorate displayed -128% revenue collection performance under the head of CD during first 30 days of January FY17-18 against the allocated monthly revenue target.
During first 30 days of January FY17-18, the Customs Collectorate Islamabad got Rs480million of CD while it was assigned a revenue target of Rs608million for the entire 31 days of the month. It has been very hard to reach the earmarked revenue target during on the last day of the current month.
The MCC Islamabad generated Rs32million less amount of revenue under the head of CD during January FY17-18 against the revenue collection during the same period of corresponding January FY16-17.