HYDERABAD: The Model Customs Collectorate (MCC) Hyderabad has generated Rs585.047million customs duty and taxes against the target of Rs1398.70million during 15 days of March 2017.
The department collected Rs159.733million customs duty, Rs418.875million sales tax, Rs0.250million federal excise duty (Special FED) and Rs6.189million Withholding Tax (WHT) during the abovementioned period.
The MCC Hyderabad received Rs585.047million during 15 days of March 2017 and expects to achieve Rs253million customs duty (CD), Rs1.104million sales tax (ST), Rs3.7million federal excise duty (FED) and Rs38 million withholding tax (WHT). The major tax sources were dry port, Hyderabad state ware house, 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 Agha Shahid Majeed, Additional Collector Rehmatullah vistro, Additional Collector Omar Shafique and Superintendent Mohammed Yaqoob Pasha played an important role in revenue collection, officials said. They added that the anti-smuggling campaign was in full swing in the region following the direction of the Federal Board of Revenue and Collector Agha Shahid Majeed Khan to streamline the national economy.
The ASO also foiled various smuggling attempts and made big seizures including non-duty paid vehicles, different cigarettes, Iranian diesel HSD and other goods worth million of rupees.
