KARACHI: Model Customs Collectorate of Appraisement-West has collected an amount of Rs 20,776 million against the target of Rs 30,357 million, set by the Federal Board of Revenue for the month of June, 2014. The collectorate has fallen short of its target by Rs 9,581 million.
MCC Appraisement-West has collected an amount of Rs 10,766 million in share of customs duty against its target of Rs 15,314 million with a shortfall of Rs 4,548 million.
The Collectorate has collected an amount of Rs 7,144 million in share of sales tax against the target of Rs 10,182 million with a shortfall of Rs 3,038 million by the end of June, 2014.
MCC Appraisement-West collected an amount of Rs 2,759 million in share of income tax against the set target of Rs 4,820 million with the shortfall reaching Rs 2,061 million in the month of June, 2014.
However, it has collected an amount of Rs 107 million in share of federal excise duty against the target of Rs 41 million with a surplus collection of Rs 66 million.
It is pertinent to mention here that Model Customs Collectorate of Appraisement-West had a target of Rs 22,787 million for the month of May, 2014. However, the collectorate managed to collect the revenue to the tune of Rs 16,714 million in share of all heads with a difference of Rs 6,073 million.
As per statistics, MCC Appraisement-West collected a sum of Rs 6,105 million in share of custom duty against the target of Rs 10,306.4 with the difference of Rs 4,201.4 million.
Similarly, the collectorate generated the revenue of Rs 7,650 million in share of sales tax in the month of May, 2014 against its set target of Rs 8142.2 million with a shortfall of Rs 492.2 million.
The collectorate collected the revenue of Rs 2,854 million in share of income tax against the target of Rs 4,267.1 million with a difference of Rs 1413.1 million.
However, it collected the revenue of Rs 105 million in share of federal excise duty against its set target of Rs 71.30 with a surplus of Rs 33.7 million.
The Collectorate of Appraisement-West managed to collect Rs 15,680 million during the month of April, 2014 against its revenue target of Rs 20,920.7 million.
It collected the revenue of Rs 5,703 million in share of customs duty against the set target of Rs 8,996.2 million with a difference of Rs 3,293.2 million, in month of April, 2014.
The Collectorate of Appraisement-West collected Rs 7,078 million in share of sales tax and additional sales tax against the target of Rs 7722.44 million missing the target by Rs 644.4 million.
It has collected an amount of Rs 2,785 million in share of income tax against the target of Rs 4,151.5 million with a shortfall of Rs 1,366.5 million.
The collectorate collected a sum of Rs 114 million in share of federal excise duty against the set target of Rs 50.6 million with Rs 63.4 million surpluses.
Overall tax collections of Model Customs Collectorate of Appraisement-West stood at Rs 53,170 million against target of Rs 74,064 million in the last quarter of the fiscal year 2013-14.
