HYDERABAD: The Model Customs Collectorate generated Rs929.554million customs duties and taxes during February 2017 against the set target of Rs1234.60million.
As per details, the Model Customs Collectorate Hyderabad earned Customs Duty (CD), Sales Tax (ST), Federal Excise Duty (FED) and Income Tax (IT) during the above said period.
The collectorate earned Rs251.835million Customs Duty (CD) against the set target of Rs 221million.
The collectorate branch was assigned revenue collection target of Rs966million against the allocated Sales Tax of Rs648.666million.
It collected Rs3.113million Federal Excise Duty (FED) against the set target of Rs2.6 million.
It received Rs25.940million Income Tax during the above said period against the set target of Rs 45million.
The major tax sources were Hyderabad Dry Port, Sukkur and Larkana Divisions, Hyderabad State Ware House Huffaz Seamless Pipe Industries, Crescent Steel, Omni Polymer Industries, Rema Cooking Oil and Pakistan State Oil.( PSO). The Anti-Smuggling Organization (ASO) also seized non-duty paid goods worth millions of rupees during February 2017.
