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Home Karachi

Model Customs Collectorate Port Qasim fails to achieve target, collects Rs22928.70 m revenue for April 2015

bySohail Rab
05/05/2015
in Karachi, Latest News
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KARACHI: The Model Customs Collectorate of Port Muhammad Bin Qasim has collected Rs22928.70 million revenue for April 2015.

The revenue collected in share of different heads including Customs Duty (CD), Sales Tax (ST), Federal Excise Duty (FED) and Income Tax (IT) against its set target of Rs23305.55 million with a shortfall of Rs376.85 million in terms of achieving the revenue target set by FBR for April-2015.

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According to revenue statistics, the MCC-Port Qasim has collected an amount of Rs6772.06 million in share of Customs Duty (CD) against its set target of Rs5260.31 m in April-2015 with an increase of Rs1511.75 m.

The Collectorate has collected Rs13288.20 million in share of Sales Tax (ST) against its set target of Rs15389.07 million in the month with a massive shortfall of Rs2100.87million.

The MCC-Port Qasim has collected Rs218.24 million in share of Federal Excise Duty (FED) for April-2015 against its set target of Rs241.45million with a significant decrease of Rs23.21million.

Similarly, Rs2650.20million has collected in share of Income Tax (IT) during April-2015 against its set target of Rs2414.72million with an increase of Rs235.48million.

The sources informed Customs Today that the Collector-MCC Port Muhammad Bin Qasim Surriya Butt has asked the officers and officials of the Collectorate to ensure achieving the revenue targets in all means and take effective steps in this regard.

It is pertinent to mention here that the revenue shortfall in means of achieving target was due to non-cooperative attitude of the officials and officers of the Collectorate and the sources further informed this scribe that the revenue collection of the Collectorate may further decline in upcoming months, as the authorities concerned of the Collectorate are completely blind eye towards the issues and grievances faced by the importers and their representatives.

It may also be mentioned here that the first two months of the third quarters, the MCC-Port Muhammad Bin Qasim was also reportedly lapped behind the revenue targets set by the FBR.

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