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Home Breaking News

Multan Customs collects Rs22.69m during September

byQaisar Mansoor
02/10/2021
in Breaking News, Latest News, National
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MULTAN: Collectorate of Customs Enforcement & Compliance (E&C) has collected almost Rs22.69 million under the heads of customs duty, Sales tax and income tax during month of September 2021-22.

The Federal Board of Revenue has not allocated any revenue collection target to Customs Enforcement & Compliance (E&C) so far. Multan Customs has collected R18.26 million under the head of customs duty during the month of September financial year 2021-22. Multan Customs Collectorate has collected Rs2.45 million under the head of sales tax during the month of September in fiscal year 2021-22. In addition to regular/routine collection of duty/taxes, an effective strategy was devised to specially focus on areas to enhance revenue through administrative measures like auction, Anti-smuggling, as well as crediting of seized/confiscated currency into National Bank of Pakistan.

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Besides, taking concrete measures towards facilitation of trade and ease of doing customs business, the measures taken on both revenues worked very well and the collectorate was able to achieve the assigned target in all areas besides trade facilitation.

Several facilitation measures were also undertaken by the collectorate during August FY 2021-22 some of which are briefed as the Currency Declaration System (CDS) has been installed at Multan International Airport which is facilitating foreigners. Likewise, a separate PMDU Cell has also been created to redress grievances.

 

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