SIALKOT: The Model Customs Collectorate Appraisement collected Rs 722.88 million in the wake of duty/taxes during July 2016.
Principal Appraiser Abdul Hameed told Customs Today that Collector Ahmed Reza Khan was taking keen interest in revenue collection, as he has instructed all departments to increase revenue collection under all heads in order to strengthen the national economy.
Under the supervision of Collector Reza, the Customs Appraisement collected Rs 580.6 million as sales tax, Rs 122.08 million in the shape of customs duty and Rs 20.2 million under the head of income tax during the said period, he informed. He further said that the Federal Board of Revenue (FBR) has not yet assigned target of revenue collection.
The principal appraiser added that the appraising department got permission from the collector to send notices to defaulter of taxes and duties. The defaulters will have to bear full weight of law after August 31, 2016 on not paying the outstanding dues.
Deputy Collector Muhammad Ilyas showed satisfaction over the collection of revenue, adding that handsome amount of duty/taxes will be collected in ongoing month i.e. August. The department will take stern actions against defaulters as per Customs Act, 1969.
He said that the Sialkot Customs has good relations with exporters and importers of the region, adding that the department has to take action against those who show reluctance for the payment of duty/taxes.
