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February 5, 2002 Tuesday Ziqa’ad 21, 1422


Rs2.5bn paid as drawback in July-Jan



By Our Staff Reporter


KARACHI, Feb 4: The Collectorate of Customs (exports), Karachi, during January 2002 disbursed Rs2,500 million as duty drawback to various exporters as compared to Rs1530 million disbursed during the corresponding period last year. There is an increase of Rs997 million or 66 per cent towards duty drawback payments.

The collectorate during July-Jan of the current fiscal disbursed Rs12251 million as duty drawback as compared to Rs8694 million during the corresponding period last year showing an increase of Rs3,775 million or 41 per cent.

The collectorate in line with the government policy to boost exports had expeditiously disbursed the duty drawback to exporters to help them in the liquidity crunch for which the officers and staff members worked beyond their duty hours even during public holidays.

The collectorate effected shipments of export goods amounting to Rs224,093 million during July 2001 to January 2002, as compared to Rs203,830 million during the same period last year showing an increase of Rs20,263 million or 10 per cent.



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