PESHAWAR: The Model Custom Collectorate Peshawar generated Rs1535million from various taxes against the previous year’s March’s Rs1109million surpassing the previous target with a difference of 37.96 percent.
Under the head of custom duty, the Custom House Peshawar collected Rs635.22million against Rs441.98million of March 2017 with a difference in rupees recorded Rs193.24million while the difference in percentage was noticed 43.11 percent.
Under the head of Sale Tax on Import, the Custom House received Rs399.22million in March 2018 against Rs241.86million in March 2017 with a difference of Rs157.96million while the difference in percentage was 65.38 percent.
Under the head of Sales Tax on Federal Excise Duty on palm oil, the collectorate earned Rs139.08million against Rs18.90million of March 2017. The difference in rupees was recorded minus 41. 81 while the difference in percentage was minus Rs23.13million.
Under the head of Sales Tax Value Addition on commercial importers, the collectorate got Rs62.62million in March 2018 against Rs32.28million in March 2017. The difference in rupees was recorded Rs30.34million while the difference in percentage was recorded 93.99 percent.
Under the head of Federal Excise Duty on import, the house collected Rs22.16million against Rs18million in March 2017. The difference in percentage was recorded Rs3.66million while the difference in percentage was 19.78 percent.
Similarly under the head of withholding tax, the collectorate collected Rs276.14million against Rs194.40million of March 2017 while the difference in rupees is Rs81.74million while the difference in percentage was 42.05 percent.
The overall performance of the house was satisfactory as it surpassed all the target except the sales tax levied on palm oil which was recorded in negative.