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Home Latest News

Hyderabad Customs receives Rs795.834m customs duty & taxes during two weeks

byAslam Anjum Qureshi
22/06/2017
in Latest News, National
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HYDERABAD: The Model Customs Collectorate (MCC) Hyderabad has generated Rs795.834million customs duty and taxes during the two weeks of June 2017.

The department collected Rs182.018million customs duty, Rs596.73million sales tax, Rs0.750million federal excise duty (Special FED) and Rs16.336million Withholding Tax (WHT) during the abovementioned period.

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The MCC Hyderabad received revenue of Rs795.834million in two weeks of June 2017 and expects to achieve the target during June by Rs539.31million customs duty (CD), Rs2.071million sales taxe (ST), Rs4.2million federal excise duty (FED) and Rs37million withholding taxe (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 the 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, 15,000 liters of High Speed Diesel HSD along with  oil tanker, auto parts, cigarettes, mobile phones, tyres and tubes, toys, crockery, toiletries and electronic items in different operations worth million of rupees during the one month including May of Financial Year (FY)  2017.

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