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MCC Hyderabad gets Rs304.833m of duties & taxes during six days

MCC Hyderabad gets Rs304.833m of duties & taxes during six days

HYDERABAD: The Model Customs Collectorate (MCC) Hyderabad has generated Rs304.833million customs duties and taxes during first six days of December 2017-18.

Sources told Customs Today that the department collected Rs80.332million of customs duty, Rs224.145million as sales tax, Rs0.000million of federal excise duty (FED) and Rs0.356million as withholding tax (WHT) during the abovementioned period.

The MCC Hyderabad received Rs304.833million in six days of December 2017 and assigned the target with the collection of Rs431.500million as customs duty (CD), Rs1160.260million of sales tax, Rs2.150million as federal excise duty and Rs29.290million of withholding tax during June so the MCC has fetched a total of Rs1623.200million to the national exchequer.

The major sources of tax revenue remained Hyderabad Dryport State Warehouse, Sukkur-Larkana Division, M/s Rema Cooking Oil and others. The Anti-Smuggling Organization (ASO) also seized non-duty-paid goods worth millions of rupees.

Sources told CT that, under the supervision of Collector Akhlaq Ahmad Khattaq, Additional Collector (HQ) Dr Aamer Nawaz Hamid, Deputy Collector Basit Hussain, Deputy Collector Dry Port Principal Appraiser and Statistical Revenue ASO and others played an important role in the revenue collection, officials said.

The Model Customs Collectorate (MCC) Hyderabad, Anti-Smuggling Organizations (ASO) Hyderabad, Sukkur and Larkana Divisions aborted various smuggling attempts and made big seizures of non-duty-paid items, 50 bags of 30 kg Iranian cumin and 1200 jars of master extra Mobil oil in different operations worth millions of rupees during six days of December Fiscal Year 2017-18.