ISLAMABAD: A collectors’ conference is being held on Wednesday to evolve a robust strategy for achieving the annual revenue collection target for 2016-17.
All the collectors have been directed to give presentation on the performance of their respective Model Customs Collectorates (MCCs) during the first seven months (July-January) 2016-17.
The conference would discuss measures to check revenue leakage regarding sales tax, withholding tax and customs duty at the import stage for improving collection through clearance of imported consignments.
The conference would also review the impact of budgetary measures taken in 2016-17. Besides, duty collection from auction and demands created would be analysed, the sources said. The collectors of customs are expected to present analysis on two broad components of imports ie dutiable imports and duty-free imports. The base of customs duty is dutiable imports.
