QUETTA: The Model Customs Collectorate (MCC) Quetta has assigned Rs2272.61million of All Duty Taxes for June of Financial Year FY2016-17.
The targets of current month (June FY16-17) are higher than the assigned targets of previous month (May FY16-17).
The Federal Board of Revenue (FBR) has allocated Rs809.61million of Customs Duty (CD) whereas earmarked Rs1105.00million of Sales Tax (ST) and Rs38.00million was assigned under the head of Federal Excise Duty (FED). The Collectorate of Quetta was assigned Rs320.00million of With Holding Tax (WHT).
During the month of May FY16-17, the Collectorate of Quetta was allocated Rs593.71million of CD whereas earmarked Rs811.00million of ST and it assigned Rs18.00million of FED and MCC Quetta was allocated Rs238.00 million.
The MCC Quetta was assigned Rs512.75million of CD while it was assigned Rs700.00million of ST and Collectorate of Quetta was allocated Rs15million of FED and it was assigned Rs170.00million of WHT during April of Financial Year 2016-17.
The sources were not only optimistic to meet the assigned targets of current month (June FY16-17) but also hopeful to surpass the allocated targets of all duties and taxes.