Model Customs Collectorate of Jinnah International Airport surpasses assigned target of custom duty

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By MG News | July 05, 2020 at 04:31 PM GMT+05:00

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July 05, 2020: The Model Customs Collectorate of Jinnah International Airport, Karachi collected Rs.2658.02 million as customs duty during the month of June 2020 against the assigned target of Rs. 1693.02 million thereby exceeding the target by 965 million which is 57% higher than the target.

The MCC Jinnah International Airport collected Rs. 21175.31 million of Customs Duty during the financial year 2019-20 as compared to the given target of Rs. 20488.69 million i.e. an increase of 23.16 % as compared to the last financial year.

A total amount of duty and taxes amounting to Rs. 51.4 Billion was collected during the current financial year 2019-20 as compared to Rs. 44.8 Billion collected during the last financial year 2018-19. Despite the Covid-19 Pandemic which resulted in lockdown and suspension of flight operations, the revenue target was achieved by taking administrative measures such as Post Release Audit, correct valuation, finalization of provisional assessment and automation in assessment Of mobile phones.

The Collector, Model Customs Collectorate of Jinnah International Airport, Karachi Mr. Irfan-ur-Rehman Khan has congratulated officers and staff of the Collectorate on achieving the target. He stated that this was achieved by the hard work of all the team members.

Press Release

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