ISLAMABAD, Aug 2: The Central Board of Revenue collected Rs33.589 billion in the month of July 2005 as against the target of Rs37.8 billion, indicating a fall of over 11 per cent. Provisional figures released here on Tuesday showed that the revenue collection, however, registered a nominal growth of 9.5 per cent during the month under review as compared to Rs30.675 billion during the same month last year.
The statistics showed that the collection under federal excise has registered a negative growth of 19.3 per cent, while a very nominal growth was registered under the heads of sales tax and direct taxes during July 2005, over the same month last year.
The custom collection registered a growth of 28.9 per cent during the month under review, over the same month last year. The tax-wise break-up showed that the collection under the head of direct taxes stood at Rs6.88 billion during July, as against Rs6.215 billion of last year, showing an increase of 10.7 per cent.
The CBR collected Rs15.752 billion under the head of sales tax during the month under review, as against Rs14.787 billion in the same month last year, indicating an increase of 6.5 per cent. The customs collection stood at Rs8.434 billion in July 2005, as against Rs6.545 billion, an increase of 28.9 per cent.
The central excise duty collection declined by 19.3 per cent to Rs2.523 billion during the month under review as against Rs3.128 billion.
