KARACHI: The Model Customs Collectorate (MCC) Appraisement-West collected total revenue of Rs14897.82 million in different shares including Customs Duty (CD), Sales Tax (ST), Withholding Tax (WHT) and Federal Excise Duty (FED) in the month of January 2014.
According to the details, the MCC-Appraisement (West) has collected Rs 5532.42 million in share of Customs Duty, Rs 6456.38 million in share of Sales Tax, Rs 2796.26 million in share of Withholding Tax and Rs 112.76 million in Federal Excise Duty (FED).
When contacted, the senior officer of MCC-Appraisement (West) told Customs Today that the revenue collection target was increased by 31.5 as compared to the same period of the last year (January-2013).
He further said the achievement of revenue collection target depends on imports and unfortunately importers recorded a 4 percent decrease in the imports as compared to the corresponding period of the last fiscal year.
