HYDERABAD: The Model Customs Collectorate (MCC) Hyderabad has generated Rs1204million (10.33%) customs duty and taxes during the month of February Financial Year 2018.
The department collected customs duty, sales tax, federal excise duty (Special FED) and withholding tax during the abovementioned period. The MCC Hyderabad was assigned the target of Rs1091million in February Fiscal Year 2018. So the net difference of profit is Rs113million. The income from last July to February is Rs10399.5million whereas the allocated target was Rs9258.9million.
The major sources of tax revenue remained Hyderabad Dry Port, State Warehouse and Sukkur-Larkana division. The Anti-Smuggling Organization (ASO) also seized non-duty-paid goods worth millions of rupees.
Under the supervision of Hyderabad Customs Collector Akhlaq Ahmad Khattaq, Additional Collector (HQ) Dr Aamer Nawaz Hamid and Statistical Revenue ASO and others played an important role in the revenue collection, officials said.
The Model Customs Collectorate (MCC) Hyderabad, Anti-Smuggling Organizations (ASO) Hyderabad, Sukkur and Larkana Division aborted various smuggling attempts and impounded non-duty-paid items including five vehicles, cloths, blankets, auto parts, watches, cigarettes, Guttka, tyres and tubes, electronic items including LED TVs, mobil sets and CPUs in different operations worth millions of rupees during the month of February Financial Year 2018.
