KARACHI: Model Customs Collectorate of Appraisement-East under the dynamic leadership of Chief Collector-Appraisement (South) Nasir Masroor Ahmed and the Collector MCC-Appraisement (East) Najeeb-ur-Rehman Abbasi has surpassed the target by Rs 2,214.5 million set by the Federal Board of Revenue (FBR) for the month of February.
According to details, MCC-Appraisement (East) has collected a revenue of Rs 13, 944.91 million all together in the share of custom duty, sales tax, withholding tax and federal excise duty during the month of February 2014 against the target of Rs 11,730.38 million.
The collectorate of Appraisement has collected an amount of Rs 3, 933.62 million in share of custom duty against the target of Rs 4111.65 million.
The Collectorate has collected a sum of Rs 7,801.47 million in share of sales tax by collecting 2,201.93 million more against the set target which was Rs 5,599.54 million.
Similarly, it has also surpassed its target by Rs 131.08 million in share of withholding tax and collected revenue of Rs 2114.17 million against the set target of Rs 1983.09 million.
In share of the federal excise duty the collectorate has surpassed the target by Rs 59.55 million. MCC-Appraisement (East) collected revenue of Rs 95.65 million in share of FED against the target of Rs 36.10 million.
It is pertinent to mention here that the MCC-Appraisement (East) throughout the fiscal year 2013-14 had almost achieved the revenue targets every month set by the FBR and only marginally fell short in share of custom duty in first three months of the current fiscal year due to reduced imports.