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Software on top of 10 imported items levied with Sales Tax spinner during 2016-17

byTariq Derya
23/01/2018
in Islamabad, Latest News
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ISLAMABAD: The software remained on the top of the 10 imported items taxed with the sales tax spinner during the last corresponding FY2016-17 while imports of various equipments were on the top during FY15-16.

According to details given by official sources of the Model Customs Collectorate (MCC) Islamabad that MCC Islamabad received Rs3007.05million of Sales Tax (ST) through import of software while it did Rs1736.289million as ST through import of memory cards after Telecommunication parts came on the 3rd position with an amount of Rs1169.78million.
The sources notified CT that Tele equipments came on the 4th as spinner ST with an amount of Rs1340.151million. The MCC earned Rs1023.250million of ST through imports of equipments. The MCC Islamabad generated Rs590.387million as ST through import of mobile phones. The sources added that it earned Rs586.51million through import of Sim cards under the same head at the same time. The collectorated received Rs658.378million of ST through import of aircraft. The MCC Islamabad generated Rs353.06million as ST during FY17-18.
During previous FY15-16, the top import was seen as Sub end equipments with an amount of Rs1508.83million of ST and the telecommunication parts were considered on the 2nd number with an amount of Rs1235.05million under the same head while the memory cards came on third position with a revenue of Rs1182.38million.
Respectively, the sources told CT that the MCC Islamabad collected Rs1503.65million through import of software under the same head and the collectorate got Rs1398.86million through import of Tele equipments under the head of ST. The MCC generated Rs874.128million of ST through import of aircrafts, Rs560.61million under the same head through import of mobile phones, Rs669.33million was received through import of sim cards under the head of ST. The collectorate got Rs492.26million of ST through import of Tele equipments and earned Rs279.887million through import of other software under the head of ST during FY15-16.

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