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Port Qasim surpasses revenue target by Rs1027m, customs duty by Rs681m

Port Qasim surpasses revenue target by Rs1027m, customs duty by Rs681m

KARACHI: The Model Customs Collectorate Port Qasim has collected revenue of Rs 21837.29 million in the month of October 2014 in share of different heads including Customs Duty (CD), Sales Tax (ST), Federal Excise Duty (FED) and Income Tax (IT).

According to details, MCC Port Qasim has collected revenue of Rs 21837.29 million in the month of October 2014 against its target of Rs 20809.91 million and surpassed the revenue target for the month of October by Rs 1027.38 million.

As per the revenue statistics, the MCC-Port Qasim has collected Rs 5125.41million in share of Customs Duty against its target of Rs 4444.36 million with an increase of Rs 681.05 million.

The MCC-Port Qasim has collected revenue of Rs 13566.68 million in share of Sales Tax in the month of Oct against its set target of Rs 13525.88 million with an increase of Rs 40.80 million.

Similarly, the MCC Port Qasim has collected revenue of Rs226.61million in share of FED in the month of Oct against its set target of Rs187.82million with an increase of Rs38.79million.

The MCC-Port Muhammad Bin Qasim has collected revenue of Rs2918.59million in share of Income Tax in the month of Oct against its set target of Rs2651.85million with an increase of Rs266.74million.

The authorities concerned have expressed their satisfaction over the revenue collection of MCC-Port Qasim for the month of Oct-2014 and hoped that the Collectorate will continue such efforts for achieving revenue targets in the future as well.