HYDERABAD: Model Customs Collectorate (MCC) has received Rs1882.383 customs duties and taxes up to 31st of May while the assigned target was Rs1930.98million of Financial Year 2017.
The department generated Rs472.107million customs duty against the assigned the target Rs370.78million whereas Rs1395.350million was sales taxes. The allocated target was Rs 1.518million and Rs2.485million has been federal excise duty (Special FED). The assigned target was Rs2.2million and Rs12.441million has been Withholding Tax (WHT).
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 Mashq Panhwar, 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, clothes, fabrics, narcotics, diesel pumps, auto parts, cigarettes, mobiles phone, tyres and tubes, toys, crockery, toiletries and electronic items in different operations worth million rupees during the two months including April and May of Financial Year (FY) 2017.
Four impounded vehicles, including Toyota corolla primo modal 2002, Mitsubishi lancer modalled 2005, Toyota land cruiser Modalled 1996 and Toyota car Modalled 2002, through auction, collected Rs4.4million revenue including duty and taxes during April 2017.
