PESHAWAR: The Model Customs Collectorate Peshawar has received Rs631.88million revenue during the first 12 days of August FY 2017-2018, sources told Customs Today on Friday at Customs House Peshawar.
Deputy Collector MCC Peshawar termed the increase in collection a vital job done to expand the tax-net as stated by the newly appointed FBR chairman to do so by increasing the use of tools for generation of more revenue.
Earlier in the month of July an amount of Rs500million was earned in the first 15 days of July FY2017-2018 which led to surpass the monthly collection of July FY2016-2017 with a big number.
According to detail, the MCC Peshawar collected Rs5.995million as Federal Excise Duty which is bigger than what was counted in the previous month of July during first fifteen days.
The MCC Peshawar generated equal amount of Rs243.667million as Customs Duty on products and earned a total amount of Rs154.43million from applied Sales Tax on products.
The MCC Peshawar has exceeded the tax collection range achieved during July FY2017-2018 in all the sections by doing excellent duty.
In the same way, the MCC Peshawar generated Rs143.97million of total AIT on items during the first 12 days of August 2017-2018.
The MCC Peshawar earned Rs37.040million by confiscating miscellaneous goods whereas it has generated Rs401million on warehouse surcharge during the same corresponding period of time.
The ST on VM imports was generated in the amount of Rs22.54million while the duties collected on ST VM Palm Oil is Rs61.276million.
