April 2014: MCC Port Qasim collects Rs20.2b, shortfall remains Rs10.4b

KARACHI: Model Customs Collectorate of Port Muhammad Bin Qasim has collected an amount of Rs 20, 255.49 million in the month of April, 2014 against the target of Rs 30,719 million, set by the Federal Board of Revenue in share of customs duty, sales tax, federal excise duty and income tax.

MCC Port Qasim has collected an amount of Rs 4,170.16 million in share of customs duty against the target of Rs 7,709 million with a shortfall of Rs 3,539.16 million.

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The Collectorate has collected revenue of Rs 13,643.37 million in share of sales tax against the set target of Rs 19,700 million with a shortfall of Rs 6,056.63 million.

The Collectorate has managed to collect revenue of Rs 2,221.45 million in share of income tax against the target of Rs 3,090 million with a shortfall of Rs 868.55 million.

However, MCC Port Qasim has collected a sum of Rs 220.5 million in share of federal excise duty against the target of Rs 220 millions with an increase of Rs 0.5 million.