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Hyderabad customs earns Rs1376m surplus customs duty & taxes against during 27 days

byAslam Anjum Qureshi
28/04/2017
in Latest News, National
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HYDERABAD: The Model Customs Collectorate (MCC) Hyderabad has generated Rs1542.049m Customs Duty & Taxes againstRs166.443m target during 27 days of April 2017.

The department collected Rs416.572million Customs Duty Rs1117.379million Sales Tax, Rs0.750million Federal Excise Duty (Special FED) and Rs7.348million Withholding Tax (WHT) during the abovementioned period.

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The MCC Hyderabad received Rs1542.049million during 27 days of April 2017 and expects to achieve Rs269.66million Customs Duty (CD), Rs1.104million Sales Taxes (ST), Rs3.6million Federal Excise Duty (FED) and Rs18.00million Withholding Tax (WHT).

The major tax sources are dry port, Hyderabad state warehouse, Hyderabad-Sukkur-and-Larkana division, Huffaz Seamless Pipe Industries, Crescent Steel, Omni Polymer Industries, Rema Cooking Oil and the Pakistan State Oil.

Under the supervision of Hyderabad Customs Collector Ikhlaq Ahmed khattaq, Additional Collector Rehmatullah Vistro, Deputy Collector Shahid Ali Abbasi, Deputy Collector Mushtaque Shani and others played an important role in revenue collection, officials said.

The ASO also aborted various smuggling attempts and made big seizures including non-duty-paid vehicles, different cigarettes, Iranian high speed diesel and other goods worth millions of rupees while revenue is expected to come from the current auction.

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