Customs collects Rs15.5b in June

Model Customs Collectorate of Appraisement and Facilitation (West) collected Rs15.5 billon on account of customs duty during the month of June, against target of Rs12.87 billion, thereby exceeding the target by 20 percent.

The collectorate collected Rs. 28.5 billion as overall revenue during June. The collection of revenue through administrative measures like proper valuation, post release audit, auction of long-pending goods at ports, recovery of arrears, the finalisation of provisional assessments, and pursuing clearance of overstayed goods from bonded warehouses constituted a big chunk of import-related revenue. Around Rs3 billion was collected through administrative measures in June alone.

Collector Jamil Nasir lauded the efforts of the officials of the Collectorate who, he said, worked as frontline workers during the coronavirus pandemic and ensured speedy clearance of import cargo.

Published in The Express Tribune, July 1^st, 2020.