PESHAWAR: The Model Customs Collectorate Peshawar has generated Rs816.12million revenue in 22 days out of the whole month’s earmarked target of Rs1510.39million with a record growth of 7.69 percent.
The Customs House Peshawar collected Rs269.23million of Customs Duty during 22 days against the target of Rs 581.21 million for the whole month of February allocated by Federal Board of Revenue.
Collector Customs Mohammad Saeed Jadoon informed Customs Today on Thursday that the Collectorate Peshawar has generated Rs397.38million revenue as Sales Tax during 22 days of February against the allocated target of Rs610.37million for the whole month of February in current FY2017-18.
The MCC Peshawar received Rs118.36million of ST on VM palm oil in 22 days of February and did Rs33.52million as ST VM Com imports.
The collectorate earned Rs9.15million revenue from the Federal Excise Duty in 22 days of February against the assigned target of Rs16.95million for the whole month.
In the same way, the collectorate generated Rs131.21million revenue of withholding tax for the period of 22 days of February against Rs301.86million against earmarked target of WHT in the whole month.
According to further detail, the Peshawar Customs has generated Rs14213.92million up to February against the assigned revenue collection target of Rs13199.45million.
The MCC Peshawar has so far collected Rs1014.47million extra revenue with 7.69 percent increase in the collection of the allocated target under the all duties and taxes up to February of this FY2017-18.
The collector customs lauded the efforts of the customs officers and said that, with further motivated efforts to be be applied by Customs Department, will compensate the difference in revenue collection in coming days. The collector customs also praised the activities of the Anti-Smuggling Units for seizure of two trailers laden with Non-Duty-Paid goods which has also added a significant value to the revenue collection during the month of February.
Mohammad Saeed Jadoon remarked that efforts to thwart smuggling are on the way to frustrate the trafficking in the region. Saeed Jadoon added that, after protests staged at the Torkham Customs Station by All Customs Clearing Agents, the customs clearance activities had been badly affected which had caused the station’s treasury a low generation of Customs Duty.