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Multan Customs chalks out plan for revenue collection in 4Q

Multan Customs chalks out plan for revenue collection in 4Q

MULTAN: The Customs Collectorate held meeting for formulating effective strategy for accomplishment of revenue collection task during the fourth quarter of fiscal year 2017-18.

According to details, Collector Customs Collectorate Ambreen Ahmad Tarar held a meeting with officers and staff on the directions of Member Customs Zahid Khokhar to implement an effective plan to increase customs duty, sales tax and withholding tax collection on imports during remaining period of (April-June) 2017-18.  Multan Customs discussed the revenue collection made in the first nine months of the ongoing fiscal year 2017-18 and chalked out plan for the revenue collection task in the Collectorate.

Multan Customs including other Collectorates are advised by Member Customs Zahid Khokhar to lay special emphasis on few areas for maximizing revenue generation efforts. The Collectorate has decided to speed up enforcement and recovery measures on imports that would ensure extra revenue generation in the remaining period of economic year 2017-18.

Customs Collectorate has already adopted effective measures for the generation of revenue including correct determination of PCT, description value, rate and due implementation of valuation rulings. The Customs Collectorate has decided to recover outstanding arrears from defaulters to achieve revenue collection mark in this regard for the current economic year 2017-18.

Multan Customs will implement proper mechanism of Federal Board of Revenue (FBR) for expeditious clearance of import consignments from the Collectorate. The Customs Collectorate discussed to realize revenue stuck up in the litigation in different courts and Collectorate will pursue the said cases in the relevant court proactively.

Moreover, Collectorate of Multan Customs will ensure special measures for enhanced performance in the areas of revenue collection as well as anti-smuggling operations in the fourth quarter of Fiscal Year 2017-18.