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Hyderabad customs receives Rs748.346m CD & taxes against Rs1415.36m target

Hyderabad customs receives Rs748.346m CD & taxes against Rs1415.36m target


HYDERABAD: The Model Customs Collectorate (MCC) Hyderabad has generated Rs748.346million Customs Duty and taxes against the target of Rs1415.36million during the last week of March 2017.

The department collected Rs204.168million Customs Duty, Rs534.561million Sales Tax, Rs0.500million Federal Excise Duty (Special FED) and Rs9.117million Withholding Tax (WHT) during the abovementioned period.

The MCC Hyderabad received Rs748.346million during the last week of March 2017 and expects to achieve Rs269.66million Customs Duty (CD), Rs1.104million Sales Tax (ST), Rs3.7million Federal Excise Duty (FED) and Rs38million Withholding Tax (WHT).

The major tax sources were dry port, Hyderabad state warehouse, 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 Agha Shahid Majeed Khan, Additional Collector Rehmatullah vistro and Superintendent Mohammed Yaqoob Pasha played an important role in revenue collection, officials said. They added that the anti-smuggling campaign was in full swing in the region following the direction of the Federal Board of Revenue and Collector Agha Shahid Majeed Khan to streamline the national economy.

The ASO also foiled various smuggling attempts and made big seizures including non-duty paid vehicles, different cigarettes, Iranian diesel HSD and other goods worth million of rupees.