ISLAMABAD: The Model Customs Collectorate (MCC) Islamabad generated additional revenue of Rs109.37million during first 23 days of September Financial Year (FY) 2017-18 under the heads of all duties and taxes against the same period of FY16-17.
According to details explained by Shahid Jan, Acting Additional Collector MCC Islamabad, while giving an exclusive interview to Customs Today that, against the same period of corresponding year 2016-17, the performance of the MCC Islamabad has been satisfactory. The Collectorate of Islamabad worked hard to meet the assigned revenue target for 1st Quarter FY2017-18.
The Federal Board of Revenue has allocated Rs1059.45million to MCC Islamabad the Customs Duty, Sales Tax, Income Tax and Federal Excise Duty. Shahid Jan has taken the acting charge of Additional Collector MCC Headquarters Islamabad in place of Additional Collector Muhammad Ishaque who left for a training of Senior Management Course (SMC).
Answering a query about the revenue collection during 1st to 23rd of September FY17-18, Shahid Jan said that, during said period, the MCC earned Rs109.37million extra revenue under all the heads against the collection of same period of FY16-17. During the initial 23 days of current month, the MCC Islamabad generated Rs269.82million of Customs Duty (CD) while Islamabad Collectorate did Rs316.97million as Sales Tax (ST) whereas it collected Rs144.61million of Income Tax (IT). The collectorate received Rs19.96million during 1st to 23rd of September FY17-18.
The Anti-Smuggling Organization (ASO) of MCC Islamabad also showed satisfactory performance as, during 3rd week of September FY2017-18, the ASO made big seizures against the tax evaders and smugglers. During said period, he told CT that the ASO impounded offending vehicles worth Rs5.6million while the ASO took into possession two body-changed Non-Duty-Paid (NDP) vehicles valued at Rs1.7million.
Additional Collector further told CT that, during said period of September FY17-18, the ASO confiscated 5,506 yards of foreign origin smuggling fabrics priced at Rs3.01million whereas ASO Islamabad impounded 2000 packs of foreign origin fake cigarettes worth Rs1.05million.
During 3rd week of September FY17-18, the ASO Islamabad seized various types of smuggling items valued at Rs3.81million.
Collector MCC Islamabad Dr. Saeed Khan Jadoon remarked that the performance of the ASO has been excellent as it is making good seizures against the tax evaders and smugglers. Regarding the performance of the Car Cell of the MCC Islamabad, he added that it has become active and making crackdowns on the possessors of NDP vehicles within the jurisdiction of the MCC Islamabad.