MULTAN: The Multan Dry Port (MDP) generated Rs873.300 million in the head of Customs duty during the month of August of current fiscal year 2014-15.
The revenue collected in the month of August increased Rs704 million against Rs169 million collected in the month of July of the current fiscal year.
Similarly, the monthly collection of Sales Tax on import in August of the current fiscal year stood at Rs2,110.301 million which included regulatory duty, warehouse surcharges, miscellaneous goods, and 0.25 percent export development surcharge and export duty.
The MDP’s collection of Sales Tax on import witnessed an increase of 40 percent in the month of August against the collection of July of the current fiscal year which was Rs1,630.793 million.
Likewise, the MDP collected import value amounting to Rs11,805.722 million which included anti-dumping duty, petroleum levy and advance income tax during the month of August of the current fiscal year.
Talking exclusively to Customs Today Multan Dry Port Collector Muhammad Ali Malik claimed that the revenue collection of the dry port had been on the rise constantly. He attributed this trend to the provision of multiple facilities being extended to the business community at the port.
The MDP is providing multiple incentives to importers and exporters which in turn has not only improved confidence of the businessmen but has also resulted in boosting revenue of the port,” he added.
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