Pakistan Customs says June revenue hits record Rs467 billion

ISLAMABAD: Pakistan Customs collected a record Rs467 billion in import-related taxes in June, exceeding its monthly duty target by 10 per cent, the Federal Board of Revenue (FBR) said on Wednesday.

According to an FBR statement, total import tax collection rose 33 per cent from Rs350.3 billion in June last year.

“Customs duty collection reached Rs158 billion, up 24 per cent from Rs127 billion a year earlier. The collection exceeded the highest-ever monthly target of Rs144 billion, achieving 110 per cent of the goal despite tariff rationalisation measures,” the statement said.

For the fiscal year 2025-26, Pakistan Customs collected Rs4.692 trillion in total import-related taxes, an increase of 13.6 per cent from Rs4.131 trillion in the previous fiscal year.

The statement said that annual customs duty collection stood at Rs1.331 trillion, up 4 per cent year-on-year and equivalent to 99 per cent of the annual target.

Revenue from the Petroleum Development Levy (PDL) on imports increased 20 per cent to Rs752 billion, compared with Rs628 billion in the previous fiscal year.

FBR Chairman Rashid Mahmood Langrial said exceeding the monthly target reflected the tax authority’s efforts to facilitate trade while improving revenue collection.

“This outstanding performance is a testament to the efficiency, transparency and digital transformation initiatives undertaken by Pakistan Customs,” Member Customs Operations Syed Shakeel Shah said in the statement.

Pakistan Customs said that it would continue to strengthen revenue collection through digitalisation, intelligence-led enforcement and streamlined trade facilitation measures in the new fiscal year.