PESHAWAR: The Model Customs Collectorate (MCC) Peshawar collected Federal Excise Duty (FED) of Rs496.12millions with a commitment to increase the sources of inland revenues.
The official MCC Peshawar said the other day that the collection was lower than the target of Rs585.00million but there were various issues and the fall was obvious.
He added the MCC Peshawar surpassed Sales Tax (ST). During said period, the Peshawar Collectorate got Rs602.89million.
The target to achieve ST was Rs554.00million but it had collected more than the assigned target. The official of MCC Peshawar said that the custom stations located on the main Torkham road need equipment and training.
He termed the old methods insufficient to stop the traffickers of smuggling and traders of non-custom goods.
He said many times customs officials were abducted by the drug smugglers and terrorists living on both sides of the main trade route of Peshawar with Afghanistan.
He further said there was need to equip the customs sepoy and custom stations for the reason to prepare ground for trade after full functioning of the China Pakistan Economic Corridor. The importance and need of the equipment will be felt to set up new custom stations for surveillance of goods from china to the south Asian countries.
The official said the customs house was shaping to work as major source to generate inland revenues for the country and is reputable institution working to protect cross border trade of goods.
