QUETTA: Collectorate of Customs Appraisement surpassed revenue collection target by 35 percent and collected Rs25 billion during 11 months of fiscal year 2020-21 July to May.
Collector Appraisement Abdul Waheed Murwat stated that this collection is the result of the allout combined efforts of the whole team leading by Chief Collector Gul Rehman and his inspiring leadership. FBR lauded the Collectorate on its unprecedented performance.
According to details, customs duty collection by the Collectorate during the period July-May 2020-21 stood at Rs6380 million against the assigned target of Rs4224 million, i.e Rs2156 million collected over and above the assigned target. This is 42 percent over and above the target.
The MCC Quetta during the month of May 2021 collected Rs474 million as customs duty which is Rs115 million above the assigned target of Rs359 million.
The Collectorate has collected total revenue of Rs.25 billion during July 2020 to May 2021, which is 35 percent over and above the target.
Last year collection was Rs20 billion during financial year 2019-20 meaning the Collectorate up till May 2021 has collected Rs5 billion more than the last year.
The Collectorate is following Federal Board of Revenue (FBR), Islamabad’s policy of effective monitoring to combat mis-declaration, facilitation of trade through reduction in clearance time, open door policy for redressal of grievances and strict adherence to transparent and merit based decision making.
The Collectorate acknowledges the cooperation extended by Chamber of Commerce and Industry, Quetta, and Chamber of Commerce and Industry, Chaman, to encourage legal trade.
Moreover, the Collectorate in coordination with other sister agencies and stakeholders in constantly trying to increase legal trade to boost economic activities in Balochistan, and to ensure that no leakage of Revenue occurs at any stage.
