ISLAMABAD: Special Assistant to Prime Minister and Federal Minister on Revenue Haroon Akhtar has revealed that more than 6,000 imported vehicles, lying at Karachi Port and Bin Qasim Port, would be given customs clearance during the ongoing month which would help generate over Rs6 billion taxes/duties.
Talking to media, he said that the government is going to move the Sindh High Court against the importers who had taken stay order for not submitting regulatory duty imposed on heavy vehicles.
Haroon lauded the performance of Federal Board of Revenue (FBR) Chairman Tariq Mahmood Pasha, Member Operation-Inland Revenue Khawaja Tanvir Ahmad, Member Customs Zahid Khokhar and officials of Pakistan Customs Service and Inland Revenue Service, who have been striving to achieve revenue collection target for the last seven months of current fiscal year (2017-18).
He said that these officers have made the FBR proud after making efforts to enhance revenue collections on the direction of Prime Minister Shahid Khaqan Abbasi.
He said that the FBR collected revenue with 19 per cent growth during the last seven months (July-January), adding that all the field formations of Customs and Inland Revenue continued the accelerated growth of revenue collection despite four per cent inflation rate.
The federal minister said that the provisional collection for the month of January 2018 was Rs 272 billion excluding collection on account of book adjustments which may range between Rs 2 billion to Rs 3 billion. The figure of monthly collection is extremely encouraging as Rs 228 billion was collected during January 2017 showing an increase by more than 19 percent, he added.
