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Islamabad Dry Port collects Rs 140 million customs duty in August

Islamabad Dry Port collects Rs 140 million customs duty in August

ISLAMABAD: The Islamabad Dry Port collected Rs 140 million revenue in August despite the fact that the Federal Board of Revenue (FBR) has not yet assigned any target for this fiscal year to the port authority.

However, the dry port collected Rs 136 million in customs duty in August amid the slowdown in economic activities. The port had collected Rs 166 million in July.

Sources told Customs Today that revenue collections at start of August were not good but at end when the federal government opened the roads revenue has increased because of industrial imports and arrival of suspended consignments. “Islamabad Dry Port has already affected from sit-ins and blockade of roads and now bad weather and heavy rains were affecting the port operations” they added.