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Hyderabad Customs collects Rs692.218m revenue during last week of August

Hyderabad Customs collects Rs692.218m revenue during last week of August

HYDERABAD: The Model Customs Collectorate Hyderabad has received Rs692.218million revenue during the last week of August 2017-18.

Hyderabad collectorate has generated a Customs Duty of Rs124.935million, Sales Tax of Rs552.703million, Special Federal Excise Duty (FED) on Imports Rs1.750million and With Holding Tax of Rs12.830million during the last week of August 2017-18.

The major tax sources include unit of Sukkur (OMC & Rima cooking oil) SWH, Sukkur Directorate Sukkur Dry Port, Hyderabad Bonded Warehouse, State Ware House, Export Hyderabad and KPR (Zero Point) Huffaz Seamless Pipe Industries, Crescent Steel, Omni Polymer Industries and Pakistan State Oil.

The Model Customs Collectorate Hyderabad, Anti-Smuggling Organization (ASO), also impounded Non-Duty-Paid vehicles including three oil tankers filled with110,000 liter of smuggling Iranian High Speed Diesel I (HSD), foreign origin Non-Duty-Paid cigarettes of different brands including Pine Light of Korea, Reds Virgin of England, foreign origin cloths and other contraband items. The computer sets, CPUs of Dell, hard discs, different GB DVDs, laptops and other items worth million of rupees were also seized during the two months of June/July 2017-18.

Under the supervision of Hyderabad Customs Collector Akhlaq Ahmad Khattaq, Deputy Collector Dry Port Zam Zam Aman, Principal Appraiser Mashuq Ali Panhwar, Appraiser Ashir and Superintendent Statistical Revenue played an important role in the revenue collection, officials said.

They added that the anti-smuggling campaign is in full swing in the region following the direction of the Federal Board of Revenue (FBR) and Collector Akhlaq Ahmad Khattaq in order to enhance the revenue generation.

It is necessary to mention here that the Customs Collectorate Hyderabad is using all available resources to recover the outstanding dues from tax defaulters and also taking necessary steps to generate more revenue to meet the collection target set for FY2017/18.