MULTAN: The Federal Board of Revenue (FBR) has assigned Rs 2.967 billion revenue collection target to Model Customs Collectorate, Multan for September 2016.
The Multan Customs has been given revenue targets for the collection of customs duty, sales tax, federal excise duty (FED) and withholding tax (WHT).
It has been assigned a target of Rs 466 million in wake of customs duty for September 2016, while in September 2015, the target was Rs 1006.8 million. The FBR has revised the target of customs duty this year.
The FBR has allocated revenue collection target of Rs 2.448 billion to Multan Customs in wake of sales tax for the month. On the other hand, a target of Rs 1.97 billion was assigned to the department during last fiscal year. The sales tax collection target has been increased by 25 percent for September 2016.
It has been allocated revenue collection target of Rs 4 million under the head of federal excise duty for the said period, while it was assigned a target of Rs 9.51 million during last year. The FBR has given revenue collection target of almost Rs 39 million in wake of withholding tax to the Multan Customs for September 2015.
The Multan Customs has been assigned revenue collection target in September, while it was not assigned any collection target during first two months of fiscal year 2016-17.
