The Government had imposed Excise Duty on specified minerals under Section 3 of the Excise Duty on Minerals (Labour Welfare) Act, 1967 at the rate of Rs.3/- per ton (minimum ) and Rs.5/- per ton (maximum) for financing measures for promoting the welfare of the labours employed in the mining industry. Actually it is a labour welfare cess and neither a Government tax nor revenue. The detail of excise duty collected during the years against the target fixed by the Finance Department Government of Khyber Pakhtunkhwa.
YEAR | Target (Millions PKR) | Excise Duty Collected (Millions PKR) |
---|---|---|
2010-2011 | 58.0 | 62.567 |
2011-2012 | 59.0 | 77.547 |
2012-2013 | 67.0 | 79.027 |
2012-2013 | 67.0 | 79.027 |
2013-2014 | 80.0 | 87.986 |
2014-2015 | 90.0 | 98.251 |
2015-2016 | 100.5 | 102.941 |
2016-2017 | 103.0 | 99.6 |
2017-2018 | 112.0 | 127.95 |
2018-2019 | 118 | 183.142 |
2019-2020 | 121 | 131.393 |
2020-2021 | 113 | 135.59 | 2021-2022 | 136 | 193.99 | 2022-2023 | 180 | 182.56 |