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MCC Appraisement-East collects Rs14,863m against Rs21,584m target

MCC Appraisement-East collects Rs14,863m against Rs21,584m target

KARACHI: Model Customs Collectorate of Appraisement-East has collected total revenue of Rs 14,863 million in the month of May, 2014 against its set target of Rs 21,584.6 million with a shortfall of Rs 6,721.5 million.

MCC Appraisement-East has 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 has collected an amount of Rs 8,532.3 million in share of sales tax against the target of Rs 10,362.8 million with a shortfall of Rs 1,830.5 million.

Similarly, it has collected revenue of Rs 2,117.7 million against the set target of Rs 4,267.1 million with a difference of Rs 2,149.4 million.

Model Customs Collectorate of Appraisement-East has collected Rs 63.2 million in share of federal excise duty against its set target of Rs 83.7 million with Rs 20.5 million shortfalls.

MCC Appraisement-East had also lagged behind its revenue collection target set by the Federal Board of Revenue in the month of April, 2014 as it has collected Rs 13,085.2 million against Rs 20,036.9 million.

The collectorate had collected Rs 3,673.1 million against target of Rs 5,997.5 in share of customs duty in the month of April, 2014; Rs 7,328.4 million against target of Rs 9,828.6 million in share of sales tax; Rs 1,957.3 million against target of Rs 4,151.5 million in share of withholding tax; and Rs 59.4 million against target of Rs 126.4 million in share of federal excise duty.