KARACHI: The Model Customs Collectorate MCC-Appraisement West has collected at least Rs 17.204 billion in the very first month of the new fiscal year 2015-2016, it is learnt.
According to details, though the Federal Board of Revenue (FBR) is yet to allot the revenue collection targets to the MCC Appraisement, MCC East, MCC Port Muhammad Bin Qasim and MCC Exports. However, despite that the revenue collection target is much higher.
At all, the MCC-Appraisement collected Rs 17.204 billion under the head of duties/taxes and out of which Rs 5.84 billion as customs duty, Rs 7.199 billion as sales tax, Rs 640 million as additional sales tax, Rs 3.371 billion as income tax and 140.78 million as federal excise duty.
The sources told Customs Today that the revenue collection report for the month of July 2015 had been sent to Collector MCC-Appraisement West Muhammad Saleem who reportedly appreciated the customs officials’ efforts for the higher revenue.