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Home Karachi

RTO-II collects Rs23335m in first 10 days of May

byWaqar Ahmed Ansari
11/05/2017
in Karachi, Latest News
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KARACHI: The regional tax office (RTO-II) collected Rs23335 million in first 10 days of May. According to Customs Today’s sources at RTO-II, out of the said amount, the RTO-II collected income tax Rs21424 million in the above said period.

Sources said that RTO-II collected Rs1593 million sales tax, Rs318 million federal excise duty. Whereas, the RTO-II collected Rs47236 million revenue in April 2017.

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Meanwhile, Customs Appraisement (west) unearthed a case of tax evasion and found that M/s Ayyan Enterprises used wrong declaration of goods to get clearance of auto parts. This caused a loss of Rs1 million to the national exchequer.

The IAB, R&D department registered an FIR against the accused company and nabbed the offenders.

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