ISLAMABAD: Meeting of Chief Collectors and Collectors of Customs would be held on Friday April 11 to check revenue leakage regarding tax collection at the import stage including for improving collection through clearance of imported consignments. The meeting will be chaired by FBR Chairman Tariq Bajwa.
Chief Collectors and Collectors of Pakistan Customs from all over the country are being called at the FBR House by Federal Board of Revenue to discuss the reasons for low tax collection at the import stage during March 2014. In addition to this they will be putting future plan in place to overcome shortfall in collection from imports in the last quarter of the current fiscal year.
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The agenda of the conference includes briefings on revenue collection through customs duty, sales tax, withholding tax and federal excise duty during third quarter of fiscal year 2013-14 specifically March, 2014. Chief Collectors and Collectors of Customs would present their analyses of lower collection of taxes in March, 2014. The conference would finalise a strategy to achieve revenue targets in the remaining period of the current fiscal year.
