KARACHI: The Model Customs Collectorate (MCC) Appraisement-East has collected Rs 17.631 billion in February under different heads, including customs duty, sales tax, income tax and federal excise duty, against the set target of Rs 16.164 billion, surpassing the revenue target by Rs 1.466 billion.
According to revenue statistics, the MCC Appraisement-East collected Rs 5.384 billion in the share of customs duty against the set target of Rs 4.962 billion with an increase of Rs 422.72 million.
The collectorate collected Rs 9.244 billion under the head of sales tax against the set target of Rs 8.799 billion with an increase of Rs 445.13 million.
The Appraisement-East collected Rs 2.914 billion in share of income tax against the set target of Rs 2.298 billion, with a massive increase of Rs 616.38 million.
The collectorate has collected Rs 86.88 million under the head of federal excise duty against the set target of Rs 104.74 million, with a shortfall of Rs 17.86 million.
Newly appointed Appraisement-East Collector Manzoor Hussain Memon has urged the officials of the collectorate to ensure attainment of the revenue target set by the FBR in all revenue heads during the third quarter of the fiscal year 2014-15.
It is pertinent to mention here that it was the first time that the Appraisement-East has surpassed the revenue targets in almost all revenue heads, except the federal excise duty.