Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Quetta Customs collects revenue of Rs100b in FY-2022

byCT Report
09/07/2022
in Breaking News, Latest News, National, Slider News
Share on FacebookShare on Twitter

QUETTA: Under the leadership of Chief Collector Muhammad Sadiq, the Collectorate of Customs showed outstanding performance and has collected Rs100 billion during FY2021-22, which is a record. Collection of Rs100 billion in the outgoing fiscal is 53 per cent or Rs34.7 billion higher than the collection of Rs65 billion in the previous fiscal year 2020-21.

Customs Appraisement collected over Rs18.2 billion against the target of Rs22.9 billion. The revenue collection fell short due to political and geo-political issues. Administrative issues in the province, change of government in Afghanistan and prolonged closure of the borders at a time when large quantity of fresh fruit is imported from Afghanistan impacted revenue collection.

You might also like

KP approves Finance Bill 2026-27 with new taxes, tougher penalties

27/06/2026

Pakistan honored with SCO Business Council leadership for 2027

27/06/2026

Bazarcha at Pak-Iran border was also closed in June 2021. Bazarcha has become the second largest trade and business center after Taftan. Ceramic tiles, cement, clinker and dates etc are imported from Bazarcha.

Moreover, there had been a significant decline in high tariff products including dry fruits, nylon, green tea, cloth and glass. Further, import duty was exempted on white spirit and methylene Hexonic acid and LPG, which are imported from neighboring country, affecting revenue collection.

Similarly, Enforcement Quetta and Enforcement Gwadar performed well and seized smuggled goods worth billions of rupees. Customs Gwadar collected Rs62 billion due to massive import of petroleum products. Most of these imports were made by M/s Byco Petroleum. Baluchistan Customs also seized smuggled narcotics worth Rs4.0 billion.

Related Stories

KP approves Finance Bill 2026-27 with new taxes, tougher penalties

byCT Report
27/06/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Finance Bill for fiscal year 2026-27, introducing significant increases in provincial taxes...

Pakistan honored with SCO Business Council leadership for 2027

byCT Report
27/06/2026

ARACHI: Atif Ikram Shiekh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has attended the Shanghai...

Pakistan, Iran push for rail and road connectivity to unlock bilateral trade

byCT Report
27/06/2026

LAHORE: Pakistan and Iran have agreed to accelerate efforts to improve cross-border transportation networks, with both countries identifying stronger road...

SHC declares FBR officers’ appointment to monitor private business null & void

byCT Report
27/06/2026

KARACHI: The Sindh High Court (SHC) on Saturday declared a Federal Board of Revenue (FBR) office order appointing officers to...

Next Post

Govt increases duties levied on CBU vehicles

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.