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Hyderabad Customs collects Rs471.774m customs duty & taxes during 10 days of July

Hyderabad Customs collects Rs471.774m customs duty & taxes during 10 days of July

HYDERABAD: The Model Customs Collectorate (MCC) Hyderabad has generated Rs471.774million Customs Duty and taxes during 10 days of July 2017.

The department collected Rs70.752million Customs Duty, Rs380.591million Sales Tax, Rs0.750million Federal Excise Duty (Special FED) and Rs19.681million Withholding Tax (WHT) during the abovementioned period.

The MCC Hyderabad received Rs 471.774 during 10 days of July 2017 and expects to achieve more Customs Duty (CD), Sales Tax (ST), Federal Excise Duty (FED) and Withholding Tax (WHT).

The major tax sources were dry port, Hyderabad State Ware House and Hyderabad Sukkur and Larkana division, Huffaz Seamless Pipe Industries, Crescent Steel, Omni Polymer Industries, Rema Cooking Oil and Pakistan State Oil.

Under the supervision of Hyderabad Customs Collector Akhlaq Ahmad Khattaq, Additional Collector Rehmatullah Vistro, Deputy Collector (HQ) Mushtaque Ali Shahani, Principle Appraiser Dry Port Mashtuq Ali Pahnwar and Superintendent Statistical Revenue and others played an important role in the revenue collection, officials said.

Officials said the anti-smuggling campaign was in full swing in the region following the direction of Federal Board of Revenue Collector Akhlaq Ahmad Khattaq to streamline the national economy.

The ASO also foiled various smuggling attempts and impounded non-duty-paid vehicles, different cigarettes, Iranian diesel HSD and other goods worth millions of rupees.