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Home Breaking News

Port Qasim Collectorate collects Rs 58.6b against target of Rs 61.32b in three months

bySohail Rab
04/04/2015
in Breaking News, Karachi, Latest News, Slider News
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KARACHI: The Model Customs Collectorate-MCC of Port Muhammad Bin Qasim has collected total revenue of Rs 58.6 billion in the third quarters i.e. January to March of the fiscal year 2014-15 against the set revenue target of Rs 61.32 billion with a shortfall of Rs 2.7 billion. The revenue was collected under different heads, including customs duty, sales tax, income tax and the federal excise duty.

According to the revenue statistics confirmed by the FBR, the Model Customs Collectorate of Port Muhammad Bin Qasim has collected a revenue amounting to Rs 2.169 billion against its set target of Rs 1.88 billion for the month of March-2015.

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The MCC-Port Muhammad Bin Qasim has collected an amount of Rs 6.41 billion in share of customs duty against its set target of Rs 5.23 billion in March-2015 with an increase of Rs 1.18 billion.

The Collectorate has collected an amount of Rs 1.23 billion in share of sales tax against its set target of Rs 1.11 billion in with an increase of Rs 1.25 billion.

The MCC-Port Muhammad Bin Qasim has collected an amount of Rs 254.69 million in share of federal excise duty against its set target of Rs 193.21 million with an increase of Rs 61.48 million.

Similarly, the MCC-Port Muhammad Bin Qasim has collected an amount of Rs 2.65 billion in share of income tax during March-2015 against its set target of Rs 2.27 billion with an increase of Rs 384.22 million.

The Model Customs Collectorate of Port Muhammad Bin Qasim has collected the revenue amounting to Rs 18.49 billion in share of different heads including customs duty, sales tax, federal excise duty and income tax in the month of February-2015 against its set target of Rs 18.79 billion with the shortfall of Rs 299.17 million in terms of revenue target set by FBR for the month of February-2015.

The MCC-Port Muhammad Bin Qasim has collected an amount of Rs 5.292 billion in share of customs duty against its set target of Rs 5.46 billion in the month of February 2015 with the decrease of Rs 168.9 million.

The Collectorate has collected an amount of Rs10. 89 billion in share of sales tax against its set target of Rs 10.924 billion in the month of February-2015 with a shortfall of Rs 34.17 million.

The MCC-Port Muhammad Bin Qasim has collected an amount of Rs 180.41 million in share of federal excise duty in the month of February-2015 against its set target of Rs 180.89 million with a slight shortfall of Rs 0.48million.

Similarly, the MCC-Port Muhammad Bin Qasim has collected an amount of Rs 2.16 billion in share of income tax during the month of February-2015 against its set target of Rs 2.2 billion with a shortfall of Rs 65.62 million.

The Model Customs Collectorate of Port Muhammad Bin Qasim has collected the revenue amounting to Rs 18.41 billion in the month of January-2015 against its set target of Rs 23.714 billion with the shortfall of Rs 52.97 billion in terms of revenue achievement against its set target during the fiscal year 2014-15.

The MCC-Port Muhammad Bin Qasim has collected an amount of Rs 5.435 billion in share of custom duty against its set target of Rs 5.77 billion in the month of January-2015 with the decrease of Rs 337.18 million.

The Collectorate has collected an amount of Rs10318.05million in share of Sales Tax (ST) against its set target of Rs14574.70million in the month of January-2015 with a shortfall of Rs4256.65million.

The MCC-Port Muhammad Bin Qasim has collected an amount of Rs203.69million in share of federal excise duty in the month of January-2015 against its set target of Rs 248.40 million with a decrease of Rs 44.71million.

Similarly, the MCC-Port Muhammad Bin Qasim has collected an amount of Rs 2.45 billion in share of income tax during the month of January-2015 against its set target of Rs 3.11 billion with a shortfall of Rs 659.24 million.

 

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