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Wahga LFU collects Rs 370m taxes in November

Wahga LFU collects Rs 370m taxes in November

LAHORE: The Model Customs Collectorate (MCC) Land Freight Unit (LFU) Wahga border has collected almost Rs 370 million taxes on imports during November of the current fiscal year.

According to details, the Pakistan Customs generated Rs 182 million income tax during November, while Rs 4 million has been collected as additional sales tax on the import from India.

Similarly, the customs collected Rs 73 million sales tax and Rs 111 million duty tax.

Pakistani importers imported tomatoes, garlic, vegetables, ginger, oil, polyethylene, cotton yarn and machinery during November.

Customs officials at Wahga said, “We tried to expedite the clearance process and to facilitate the traders as much as possible as they pay taxes to national exchequer.”

They hoped that the Lahore MCC would attain the revenue target for the fiscal year 2014-15.