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MMC Preventive-East collects 15 pc additional revenue: Collector Abdul Rasheed

MMC Preventive-East collects 15 pc additional revenue: Collector Abdul Rasheed

KARACHI: Collector MCC-Appraisement (East) Abdul Rasheed Shaikh hoped that the collectorate will definitely achieve the tax target set for fiscal year 2013-14 by FBR.

The Model Customs Collectorate (MCC)-Appraisement (East) has collected 15 percent additional revenue in the first quarter of the current fiscal year 2013-14, as compared to the same period of the previous fiscal year.

This was stated by Collector MCC-Appraisement (East) Abdul Rasheed Shaikh in an exclusive interview with Customs Today at his office in Customs House, Karachi.

“The MCC-Appraisement (East) has collected Rs7382.43 million in sales tax in the month of October, 2013, recording an increase of 5 per cent, as compared to Rs 5176.59 million collection in October 2012”, he added.

Collector Abdul Rasheed Shaikh further said that MCC-Appraisement (East) has collected Rs 2405.76 million income tax in October, 2013 with an increase of 9 per cent as against Rs 2044.91 million in the same period of the previous year.

He further said that the MCC-Appraisement (East) has collected Rs29764.84 million in sales tax by the end of the first quarter of the current fiscal year 2013-14 and  Rs10458.19 in the share of income tax in the same period.

Collector Abdul Rasheed Shaikh further revealed that MCC-Appraisement (East) has also achieved 35 per cent increase in sales tax collection and 38 per cent raise in withholding tax in the first quarter.

“If we collect 90 per cent of the total target set by Federal Board of Revenue (FBR), then Pakistan Customs can definitely surpass the target”, Collector East added.

In reply to a query, Collector MCC-Appraisement (East) said that Pakistan Customs should put in place trouble-free and importer-friendly operations for facilitation of all stakeholders.

“Level-playing-field should be provided to all stakeholders in all matters”, he further added.

Responding to a query, Abdul Rasheed Shaikh said that Pakistan Customs cannot adopt and implement systems of European and Western Customs. However; there is a dire need to improve the system and its operations.

“MCC-East has always remained ahead in terms of achieving revenue targets after division of PaCCS Collectorate into MCC- Appraisement (West) and MCC-Appraisement (East)”, Shaikh added.

On the occasion, Collector-Appraisement (East) Abdul Rasheed Shaikh lauded the efforts of Collectors MCC-Appraisement (West) Muhammad Saleem and MCC-Muhammad Bin Qasim Agha Jawwad for their effective working in order to boost revenue generation.

Replying to a question, Shaikh said that MCC-Appraisement (East) is detecting tax evasion cases on daily basis and recovering millions of rupees for the national exchequer.