KARACHI: Model Customs Collectorate of Appraisement-West has managed to collect Rs 15,680 million for the month of April, 2014 in share of different heads including customs duty, sales tax, income tax and federal excise duty (FED).
According to sources, FBR had set a revenue target of Rs 20,920.74 millions for the month of April, 2014 for MCC Appraisement-West. However, it has had shortfall of Rs 5,240.74 million.
Sources told Customs Today that the collectorate has collected Rs 5,703 million in share of customs duty against the set target of Rs 8996.2 million with a shortfall of Rs 3,293.2 million.
MCC Appraisement-West has collected Rs 7078 million in share of sales tax and additional sales tax against the target of Rs 7,722.44 million with a shortfall of Rs 644.44 million.
The collectorate 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.
However, in share of federal excise duty Model Customs Collectorate of Appraisement-West has collected a sum of revenue of Rs 114 million against the set target of Rs 50.6 million with a surplus collection of Rs 63.4 million.
Sources told Customs Today that FBR Chairman owing to continuous shortfall in achieving the revenue targets had recently visited Customs House and asked the officers of Pakistan Customs to ensure proper check on tax evasion, mis-declaration and under-invoicing in order to increase revenue collection and attain the targets.
