The reports provided by FBR Customs tax collection increased by 18.5%.

In 2023–24, customs duty collection rebounded strongly, increasing 18.5% over the previous fiscal year, according to the Federal Board of Revenue (FBR).

Customs duty accounted for almost 12% of total FBR revenue during the year, with net customs revenue surpassing Rs1.1 trillion, up from Rs931.7 billion the previous year.

In 2023–24, the bulk of customs duties came from the petroleum industry and imported automobiles. Revenue from petroleum, oil, and lubricants (POL) increased by 14.1%, making it the most lucrative component of customs taxes, which accounted for 29.1% of the total.

With a 42% increase, imported autos were the second biggest contributor, making about 11% of customs duty revenues.

Similarly, edible oil imports fell 13.9%, which was mirrored by a 12.7% drop in edible oil revenue. The overall increase in customs tax was 13.4% of the increase in dutiable imports, and the 17% increase in customs revenue from key commodities shows that there is a strong correlation between the two.