KARACHI: Model Customs Collectorate of Appraisement-East has collected an amount of Rs 16,113.5 million against the target of Rs 28,037.7 million, set by the Federal Board of Revenue for the month of June, 2014. The collectorate has fallen short of its target by Rs 11,924.2 million.
According to the statistics, MCC Appraisement-East has collected an amount of Rs 5,003.4 million in share of customs duty against the target of Rs 10,209.6 million with a difference of Rs 5,206.2 million.
The Collectorate has collected an amount of Rs 8,432.2 million in share of sales tax against the target of Rs 12,959.5 million with a shortfall of Rs 4,527.3 million in the month of June, 2014.
It has collected an amount of Rs 2,429.9 million in share of withholding tax against the target of Rs 4,820 million with a shortfall of Rs 2,390.1 million in the month of June, 2014.
However, MCC Appraisement-East has collected an amount of Rs 248 million in share of federal excise duty against the target of Rs 48.7 million with the exceeding collection in share of FED amounting Rs 199 million.
It may be mentioned here that Model Customs Collectorate of Appraisement-East had collected total revenue of Rs 14,863 million against its set target of Rs 21,584.6 million with a shortfall of Rs 6,721.5 million in the month of May, 2014.
The collectorate collected revenue of Rs 4,149.9 million in share of customs duty against the set target of Rs 6,871 million with a difference of Rs 2,721.1 million.
The collectorate collected an amount of Rs 8,532.31 in share of sales tax against the target of Rs 10,362.8 million with the shortfall of Rs 1,830.5 million.
Similarly, MCC Appraisement-East collected revenue of Rs 2,117.7 million against the set target of Rs 4,267.11 million with the difference of Rs 2,149.4 million.
It collected a sum of Rs 63.2 million in share of federal excise duty against its set target of Rs 83.7 million with a shortfall of Rs 20.55 million.
In the first month of the last quarter of fiscal year 2013-14, i.e., April 2014, Model Customs Collectorate of Appraisement-East had collected revenue to the tune of Rs 13,085.2 million against its set target of Rs 20,036.9 million.
The Collectorate collected Rs 3,673.1 million in share of customs duty against the set target of Rs 5,997.5 million with a difference of Rs 2,324.3 million in the month of April, 2014.
It collected Rs 7,328.4 million in share of sales tax against the target of Rs 9,828.6 million with a short fall of Rs 2,500.2 million.
MCC Appraisement-East collected an amount of Rs 1,957.3 million in share of withholding tax against the target of Rs 4,151.5 million with a shortfall of Rs 2,194.3 million.
The Collectorate collected a sum of Rs 59.4 million in share of federal excise duty against the set target of Rs 126.4 million with the difference of over Rs 67 million.
Overall, MCC Appraisement-East collected Rs 44,061.7 million against target of Rs 69,659.2 million during last quarter of FY 2013-14.