KARACHI: Model Customs Collectorate of Port Muhammad Bin Qasim has collected a total revenue of Rs 20,514.323 million in share of customs duty, sales tax, income tax and federal excise duty in the month of January 2014 against the set target of Rs 23,646.05 million by Federal Board of Revenue.
According to details, MCC-Port Qasim has collected a sum of revenue of Rs 4,579 million in share of customs duty against the set target of Rs 5,484.8 million. The collectorate has collected revenue of Rs 12,921.4 million in share of sales tax in the first month of the year against the target of Rs 15,008.2 million.
A sum of Rs 226.848 million has been collected in share of FED against the set target of Rs 269.1 million, while it has collected Rs 2,787.1 million in share of income tax in the month of January against the set target of Rs 2,883.9 million.
It is pertinent to mention here that the MCC-Port Muhammad Bin Qasim had collected revenue of Rs 4,165.9 million in share of customs duty in the month of January, 2013; Rs 11,941.6 million in share of sales tax; Rs 195.1 million in share of FED; and Rs 2,182.6 million in share of income tax in the month of January, 2013.