QUETTA: Collector of Customs Collectorate Ashraf Ali said that growth in the revenue collection during first quarter is reflection of better enforcement activities in Baluchistan.
Due to effective administrative measures taken by Collectorate of Quetta various seizure cases of non duty paid vehicles, cigarette, scrap, live animals, fertilizer and narcotics worth Rs. 259 million have been registered during the first four months of current Financial Year 2017-18.
During an exclusive interview with Customs Today Collector Ashraf Ali urged the authorities to ensure quality assessment control on misuse of exemptions, maintaining transparency and facilitation of the genuine trade and taxpayers.
He also praised the role of Quetta and Chman Chamber of Commerce and Industry , clearing and forwarding agents for their contribution in the revenue collection.
Talking about first 15 days of October FY17-18 Ashraf Ali said that the MCC generated additional revenue of Rs186.00 million under head of all duties and taxes against the allocated revenue collection target for first 15 days of October Financial Year 2017-18 . The Collectorate collected Rs810 million under all the heads during 15 days of October FY 2017-18 while it was assigned Rs624.00 million of target for said period under all the heads.
According to details given by Ashraf Ali during initial 15 days of October, the Collectorate earned Rs330.00 million of customs duty (CD) against the target of Rs.273.5 million. The collector told Customs Today that the MCC Quetta allocated a target of Rs547.00 million under the head of customs duty for the whole month of October Fiscal Year 2017-18.
During the above said period, the Collectorate of Quetta collected Rs.323.00 million of sales tax against the assigned target of Rs.226.00 million from 1st to 15th of October FY17-18.
The Collectorate was earmarked the revenue collection target of Rs.452.00 million under the same head for the whole current month. During the first 15 days of October FY17-18, the Collectorate of Quetta generated Rs16.00million of federal excise duty (FED) against the assigned target of Rs11 million. The Collectorate of Quetta was allocated target of Rs22.00 million as FED for the whole month of October FY2017-18.
The Quetta Collectorate received Rs141.00 million during initial 15 days of October FY 17-18 under the head of withholding tax (WHT) while it was earmarked a proportional target of Rs113.5 million under the head of WHT whereas the Collectorate of Quetta was assigned Rs227.00million of WHT for the whole month of October FY17-18.
Ashraf Ali said that the Collectorate has surpassed the assigned revenue collection target of Rs.3209 million against of Rs.892 million collected during the first quarter (July-September) of fiscal year 2017-18, the MCC exceeds tax collection target by 28% during the 1st quarter (July-September) of financial year 2017-18.
The efficiency of tax collection improved significantly during the first quarter of financial year 2017-18, showing an extraordinary growth of 17% with the collection of customs duty, 11% in sales tax, 59% in withholding tax and 106% in the federal excise duty on imported goods.
The collector told that the revenue collected during the current quarter is 44% higher than the revenue collected during corresponding period of last quarter of financial Year 2016-17.
During the same period, the volume of imports grew 19% and exports 30%. The collection target was achieved by maintaining the highest standards of administrative discipline, transparency and efficiency in tax collection.
