MULTAN: The Federal Board of Revenue (FBR) has assigned Rs.3146.69 million revenue collection target for the on-going month of February 2017-18 to Multan Customs Collectorate.
According to details, Customs Collectorate has been allocated monthly revenue collection task for the month of February from Federal Board of Revenue. Collectorate of Multan Customs was assigned different revenue collection tasks under the head of customs duty, sales taxes, federal excise duty (FED) and withholding taxes (WHT) for the on-going month of February 2017-18.
Multan Customs Collectorate has been given customs duty revenue collection target of Rs.886.31 million for the second month of the third quarter 2017-18. The Customs Collectorate was given huge task of sales taxes Rs.2213.81 million for the period of February.
The Federal Board of Revenue has set collection target of Rs.24.60 million for February. Multan Customs gave income tax target of Rs.21.97 million for the period of February 2017-18. All revenue collection targets are higher than previous months of the current fiscal year and target assigned after considering revenue collection in wake of different taxes during existing economic year 2017-18.