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Home Breaking News

Multan Enforcement collects Rs84.45m taxes

byCT Report
18/06/2022
in Breaking News, Latest News, National, Slider News
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MULTAN: Collectorate of Customs Enforcement has collected Rs83.45 million under the heads of customs duty, sales tax and income tax during the month of May 2021-22.       

Sources told Customs Today that Multan Customs has collected Rs46.18 million in wake of customs duty against the assigned task of during the month of May during financial year 2021-22.

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Multan Customs collected Rs46.401 million in wake of customs duty during the corresponding year. Multan Customs Collectorate has collected Rs24.17 million under the head of Sales taxes during month of May in fiscal year 2021-22. While Multan Customs collected almost Rs.8.614 million during corresponding fiscal year 2020-21.

Multan Customs has collected almost Rs.13.1 million Income taxes during May in the existing financial 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.     

Multan Customs Collectorate is taking solid measures towards expedition 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 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.

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