Quantcast
Wednesday , November 22 2017
Breaking News
Home / Latest News / Hyderabad Customs suffers shortfall of Rs838m during eight days of September
Hyderabad Customs suffers shortfall of Rs838m during eight days of September

Hyderabad Customs suffers shortfall of Rs838m during eight days of September

HYDERABAD: The Customs Collectorate Hyderabad has received Rs173.024million of Customs Duty and Taxes against Rs1011.010million target during the eight days of September FY2017-18. So the collectorate suffered a shortfall of Rs838million during the abovementioned period.

The department collected Rs47.078million as Customs Duty, Rs122.002million of Sales Tax, Rs0.500million as Federal Excise Duty (Special FED) and Rs3.444million of With Holding Tax (WHT) during the abovementioned period.

The Customs House Hyderabad expects to achieve Rs227.340million as Customs Duty (CD), Rs724.560million of Sales Taxes (ST), Rs1.190million of Federal Excise Duty (FED) and Rs57.920million as With Holding Tax (WHT).

The major tax sources include unit of Sukkur (OMC & Rima cooking oil) SWH, Sukkur Directorate, Sukkur Dry Port, Hyderabad Bonded Ware House, 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 four oil tankers filled with170,000 liter of smuggling Iranian High Speed Diesel (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 millions of rupees were also seized during three months of June/July/2017-18. The ASO confiscated worth of Rs44251.34million different goods.

Under the supervision of Hyderabad Customs Collector Akhlaq Ahmad Khattaq, Amir Nawaz Hamid, 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.