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Islamabad Customs assigned Rs 16.16b target for FY2015-16

Islamabad Customs assigned Rs 16.16b target for FY2015-16

ISLAMABAD: Federal Board of Revenue (FBR) has assigned Rs 16.167 billion target to Model Customs Collectorate (MCC) Islamabad in the terms of all taxes for the fiscal years 2015-16.

This was informed by MCC Islamabad Deputy Collector Yawar Nawz while talking to Customs Today. He added that “We as a team will leave no stone unturned to meet the revenue target and effective strategies will be adopted to surpass the revenue target.”

He further said that Customs Preventive division was not a target oriented department but it helped the department to generate revenue through curbing the smuggling activities in the region.

Nawaz said that illegal trade imposed negative impact over the national kitty, therefore; measures have been taken to tighten noose around the smugglers.

It is important to mention here that MCC Islamabad had shown remarkable performance during the last fiscal year 2014-15 as it collected Rs 13.278 billion against Rs 10.378 billion target.