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Home Latest News

Sialkot Customs collects revenue of Rs8469.31m during November

bySaleem Awan Sheikhu
16/12/2016
in Latest News, National, Slider News
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SIALKOT: The Customs Collectorate has collected Rs8469.31 millions in terms of customs import, rebate and export duty during the month of November 2016.

Sources told Customs Today that the MCC Sialkot has surpassed the revenue collection target under the head of customs duty as compared with the collection of corresponding period amounting to Rs 7.533.02 million.

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Sources said that the Sialkot region had collected Rs 27.65 million as customs import duty during November 2016 which is Rs 3.31 million more than collection of the same period of last year, 2015.

Sources said that the MCC Sialkot collected Rs.8293.1 million as export duty whereas the Collectorate issued cheques of rebate amounting to Rs.18.56 million to exporters. Sources said that department was striving hard to achieve revenue collection target under all heads for the running fiscal year 2016-17.

Sources also denied the impression that customs officials received customs duty in advance from importers in order to meet the targets.

Sources told the Federal Board 0f Revenue (FBR) has to revise the revenue collection targets sometimes keeping in view the unfavorable circumstances, adding that tax collection was increasing every year due to effective policies of the department. Sources told that the collection of said revenue is much better by MCC Sialkot during first four months of current fiscal year. Sources told that the staff is doing work to achieve target and the staff will target rather surpass against assigned by the FBR before the ending of current fiscal year 2016-17.

Sources told that the export and import from Sialkot Dry Port Trust (SDPT) under MCC Sialkot is increasing day by day and it will much better. Sources told that the MCC Sialkot making good name in collection of revenue and achieving target. Sources told that the Collector Customs Ahmed Reza Khan and other officers and taking full interest to achieve target whereas fruitful results are observing.

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