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Collectorate of Enforcement-South collects Rs20517.88m customs duty

Collectorate of Enforcement-South collects Rs20517.88m customs duty

KARACHI: The Collectorate of Enforcement-South along with  MCC-Preventive, MCC-Hyderabad, MCC Exports, MCC Quetta and MCC Gwadar collected Rs20517.88million altogether in terms of Customs Duty (CD) against the target of Rs23008.40million for FY 2013-14.

As per details, Customs Duty collection of Rs 20517.88 was Rs2490.52million less than the target of Rs23008.4 million for FY 2013-14.

According to the figures revealed by FBR, the MCC-Preventive has collected an amount of Rs13618.88million against its target of Rs16172.20 with the difference of Rs2553.32million.

The MCC-Hyderabad has collected an amount of Rs4351.75million against the target of Rs5883.97 with the difference of Rs1532.22million.

Moreover, MCC-Exports throughout the fiscal year from July 2013 to June 2014 has managed to collect Rs4575.42million over its set target of Rs4102.77million with the margin of Rs472.65million.

The MCC-Exports (Port Qasim) has collected an amount of Rs3269.52million against its set target of Rs6163.94million with the deficit of Rs2894.42million.

Furthermore, Quetta MCC has managed to collect Rs763.64million against the set target of Rs1870.74million with the massive shortfall of Rs1870.74million.

On the other hand, Gwadar MCC has collected an amount of Rs477.71million against its set target of Rs379.02million with the excessive amount of Rs98.69million at the end of FY2013-14.

The Chief Collector Enforcement -South Muhammad Nazim Saleem has expressed his satisfaction over the duty collection of MCC-Gwadar and MCC-Exports, although he stressed the other Collectorates to improve their performance in order to achieve the revenue targets in the next FY2014-15.