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Home Breaking News

Duty collection: MCC-Appraisement (South) for evolving effective strategy

bySohail Rab
08/01/2014
in Breaking News, Karachi, Latest News
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KARACHI: Chief Collector Appraisement (south) Nasir Masroor Ahmed held a series of meetings with Collectors of all three collectorates.

Sources told Customs Today that the Chief Collector recently held the meeting with the MCC-Appraisement (West) Collector Muhammad Saleem, MCC-Appraisement (East) Collector Abdul Rashid Shaikh and MCC-Port Qasim Collector Dr Agha Owais Jawwad.

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Sources further informed that the Chief Collector-Appraisement (South) Nasir Masroor Ahmed has emphasized on the shortfall in collection of customs duty during first and second quarters of the current fiscal year. He also urged the Collectors of MCC-Appraisement (East) and MCC-Port Qasim to take effective steps in order to achieve the targets set by Federal Board of Revenue in terms of revenue collection in share of custom duty.

It is pertinent to mention here that both the above mentioned collectorates have a shortfall in collection of custom duty during first and second quarters of FY 2013-14. MCC-Port Qasim has collected an amount of Rs 11,086 million in terms of custom duty against its target of Rs 17,218 million in the first quarter. Whereas by end of second quarter, it has a shortfall of Rs 5,846 million the set target for which was Rs 15,571 in terms of custom duty.

On the other hand, MCC-Appraisement (East) is marginally short of its collection target of custom duty in first quarter. MCC-Appraisement (East) has collected custom duty of Rs 11,355.69 million against the set target of Rs 12,532.33 million in the first quarter. Similarly, MCC-Appraisement (East) has collected a sum of Rs 11599.53 million in share of custom duty against the target of Rs 13,020.87 million by the end of second quarter of FY 2013-14.

Tags: Revenue

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