MULTAN: Federal Board of Revenue (FBR) Chairman Dr Muhammad Irshad visited the Customs Collectorate Multan Range Office and held meeting with Collector Saud Imran and other officials.
Customs Collector Saud Imran informed the chairman that the Multan Customs has taken effective measures to achieve the assigned revenue collection target. The Customs Collectorate has collected Rs 8,181.928 million against the set collection target of Rs 8,705.42 million under the head of customs duty so far during the financial year 2016-17.
He informed that the collection of sales tax has declined due to reduction in the proportion of taxes during the current fiscal year.
The clearance of high speed diesel has been enhanced from other collectorates during the last few months which declined the ratio of sales tax at the Multan Customs. Almost 21 percent high speed diesel clearances of Multan Customs has been shifted to Lahore and Faisalabad Collectorate which caused decline in the revenue of Collectorate. Multan Customs has also purposed rational amount of sales taxes in future after its adjustment with other Collectorates. The Regional Tax Office Multan has also given their suggestions to chairman about the collection of Sales taxes.
Collector told chairman that Multan Customs has enforced few effective measures for the generation of revenue including correct determination of PCT , description value , rate and due implementation of valuation rulings.
The Customs Collectorate has done recovery of arrears from defaulters to achieve revenue collection target for the current economic year 2016-17.
Chairman Dr. Muhammad Irshad has directed Multan Customs to achieve the revenue collection target of the economic year 2016-17. Furthermore chairman has appraised the performance of the Multan Customs staff and their strategy in the situation during on-going fiscal year.
Chief Commissioner Regional Tax Office Multan Khawaja Asif Raza Saleem, Additional Collector Asdaq Afzal Sensera and others were also present in the meeting.
