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Home Karachi

Appraisement-East collects Rs 18.35 billion revenue in October

bySyed Muhammad Aslam
03/11/2014
in Karachi, Latest News
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The Model Customs Collectorate of Appraisement-East has collected over Rs 18.35 billion revenue during October.

The collectorate has achieved 97.57 percent of Rs 18.84 billion target fixed for the month. The collectorate collected Rs 5.08 billion customs duty (CD), Rs 9.97 billion sales tax (ST), Rs 3.22 billion withholding tax (WT) and Rs 74.82 million federal excise duty (FED).

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The collectorate exceeded the CD target by 5.82 percent, but managed to achieve 94.64 percent of the ST target; 97.65 percent of the WT target and 43.9 percent of the target fixed for FED.

The Collectorate managed to collect 92.91 percent of the overall target during the first 30 days, but managed to push it to 97.57 percent by collecting Rs 875.36 million on the last day of the month. October 2, 10 and 23 were the three top revenue collection days for the collectorate.

Over Rs 1.707 billion and over Rs 1.041 billion were collected on the 10th and 23rd day of the month respectively. While over Rs 975.32 million was collected on October 2. During the first quarter of the current fiscal year, the MCC Appraisement-East collected cumulative revenue of over Rs 71.50 billion, Rs 19.71 billion in CD, Rs 38.54 billion in ST, Rs 12.84 billion WHT and Rs 482 million FED.

Tags: 97.57 percent targetAppraisement-EastAppraisement-East Najeebur Rehman AbbasiRs 18.35 billion in October

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