HYDERABAD: The Model Customs Collectorate (MCC) Hyderabad has generated Rs302.541million customs duty and taxes during the first week of June 2017.
The department collected Rs74.057million customs duty, Rs224.849million sales tax, Rs0.500million federal excise duty (Special FED) and Rs3.135million Withholding Tax (WHT) during the abovementioned period.
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The MCC Hyderabad received revenue of Rs302.541million in the first week of June 2017 and expects to achieve the target during June by Rs539.31million customs duty (CD), Rs2.071million sales taxes (ST), Rs4.2million federal excise duty (FED) and Rs37million withholding taxes (WHT) so the MCC has fetched total Rs2651.51million to the national exchanger.
The major sources of tax revenue remained Hyderabad Dry Port State Warehouse, Sukkur-Larkana Division, Huffaz Seamless Pipe Industries, Crescent Steel, Omni Polymer Industries, Rema Cooking Oil and Pakistan State Oil. The Anti-Smuggling Organization (ASO) also seized non-duty-paid goods worth million of rupees.
Under the supervision of Hyderabad Customs Collector Akhlaq Ahmad Khattaq, Additional Collector (HQ) Rehmatulah Vistro, Deputy Collector Mushtaq Shahani, Principal Appraiser Mashuq Ali Pahnwar and Statistical Revenue and others played an important role in revenue collection, officials said.
Model Customs Collectorate (MCC) Hyderabad, Anti-Smuggling Organizations (ASO) Hyderabad, Sukkur and Larkana Divisions foiled various smuggling attempts and made big seizures of non-duty-paid items including vehicles, high speed diesel, cloths, fabrics, narcotics, diesel pumps, auto parts, cigarettes, mobiles phones, tyres and tubes, toys, crockery, toiletries and electronic items in different operations worth million of rupees during the two months including April and May of Financial Year (FY) 2017.
