MULTAN: The Model of Customs Collectorate Multan has made a net collection of Rs 3383.67 million during the month of October in the on-going fiscal year 2015-16.
Almost Rs 3069.436 million sales taxes have been collected against the set target of Rs 2059.88 million during the month of October in current economic year 2015-16. MCC Multan attained the 149 percent target in October due to their effective collection. Sales tax collection raised high in October and it has been achieved almost 149 perecent in October. The MCC upsurges the sale tax collection with the passage of time during the current fiscal year.
In October 2015, the MCC has effectively collected customs duty of Rs 284.276 million. According to the current statistics, the Customs collectorate has collected Rs 2185 million customs duties during the first four months of the previous FY 2014-15. Multan Customs collection witnessed the shortfall of Customs duty in the corresponding year last year.
Nearby Rs 13.54 million of federal excise duty has been collected by Multan Customs in October this year. So far MCC has collected revenue of Rs 33.606 million federal excise duties during the first four months of economic year 2015-16.
The Customs Collectorate has collected withholding taxes of Rs 16.42 million and department managed to collect Rs 92.128 million throughout the first four months of FY 2015-16.
Ogra allows Cnergyico to export 40,000 tonnes furnace oil in April as surplus builds
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has approved export of up to 40,000 metric tonnes of furnace oil for...
