Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Karachi

Appraisement-West to achieve revenue targets by end of current FY 2014-15: ADC Nayyar Shafique

bySohail Rab
26/05/2015
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Additional Collector-ADC Nayyar Shafique has claimed that the Model Customs Collectorate-MCC Appraisement -West will achieve revenue targets by the end of this month as well as by the end of fiscal year-2014-15 in all heads including custom duty, sales tax, income tax and federal excise duty.

Talking to Customs Today at his office, Additional Collector-ADC Nayyar Shafique said that although it was a tough task to achieve the revenue target in share of custom duty, the authorities concerned of the Collectorate under the supervision of Collector-Muhammad Saleem are endeavoring their best to attain the revenue targets by the end of current fiscal year2014-15.

You might also like

Punjab revises property valuation rates to attract UAE & Gulf investors

05/05/2026

PTBA urges FBR to halt default surcharge on Super Tax amid legal concerns

05/05/2026

Replying to a query, the Additional Collector said that the strict surveillance and vigilance by the authorities concerned of the Collectorates have barred the unscrupulous elements to import dubious clearance by using Green channel.

“The unscrupulous elements have been switched out their dubious clearance from the Collectorate of MCC-Appraisement-West and now the authorities concerned of the Collectorate are determined to recover back its legitimate duty/taxes”, he added.

The additional collector said on one hand, the Collectorate was facing low import trend by detecting unscrupulous elements while on the other hand, the genuine and authentic importers are turned out to make MCC-Appraisement -West, their ultimate Collectorate for clearance of their huge consignments.

Responding to another query, Additional Collector Nayyar Shafique said that the authorities concerned of the Collectorate in the recent meetings have also decided to bring different commodities into the ambit of Customs Valuation Ruling which are still not into the net of applied Customs values.

Answering a question, the Additional Collector said that the authorities concerned of the Collectorate are making list of those items which are still enjoying immunity of applying Customs Valuation Ruling adding that the authorities concerned after scrutinizing the entire data would prepare a list of those items and presents it before the Collector-MCC Appraisement-West Muhammad Saleem for final proceedings.

Additional Collector-ADC Nayyar Shafique was also of the view that the Collectorate is doing its best in order to highlight the revenue recoveries, recovered those and pleading the cases in the different forums of legal proceedings despite shortage of staff.

 

Related Stories

Punjab revises property valuation rates to attract UAE & Gulf investors

byCT Report
05/05/2026

LAHORE: The Punjab government has started revising property valuation rates across multiple districts in an effort to attract foreign investment,...

PTBA urges FBR to halt default surcharge on Super Tax amid legal concerns

byCT Report
05/05/2026

LAHORE: The Pakistan Tax Bar Association (PTBA) has urged the Federal Board of Revenue (FBR) to immediately instruct its field...

FTO dismisses Rs70m tax evasion complaint

byCT Report
05/05/2026

LAHORE: The Federal Tax Ombudsman (FTO) has dismissed a complaint involving alleged tax evasion of over Rs70 million, reiterating that...

FBR waives penalties on Rs8.77b tax liability of PIA

byCT Report
05/05/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has announced a waiver of penalties and default surcharge on tax liabilities amounting...

Next Post

Customs Court hears 33 cases on Monday

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.