KARACHI: Model Customs Collectorate (MCC) of Appraisement-East is well ahead of its revenue targets set by Federal Board of Revenue in first and second quarter of the fiscal year 2013-14.
According to details, MCC-Appraisement (East) under the supervision of Collector Abdul Rashid Shaikh has successfully collected the revenue more than the set targets in all heads except customs duty by the end of second quarter on December, 31.
MCC-Appraisement (East) has collected a sum of Rs 25,942.19 million in share of sales tax against the target of Rs 16,565.82 million by the end of second quarter of the current fiscal year.
In share of withholding tax, MCC-Appraisement (East) has collected a handsome amount of Rs 8,030.46 million against the set target of Rs 5,987.15 million by the end of second quarter of the current fiscal year.
Continuing its efficient performance, MCC-Appraisement (East) has collected Rs 304.03 million against the set target of Rs 200.12 million.
However, the Collectorate has fallen short marginally in order to collect the customs duty during second quarter of the FY 2013-14. It has collected Rs 11,599.53 million in share of customs duty while the target stood at Rs 13,020.87 million.
Similarly, MCC-Appraisement (East) is far ahead of revenue collection against its targets set by FBR in the first quarter (July, 2013 to September, 2013) of FY 2013-14.
The Collectorate had collected Rs 22,382.41 million in share of ST against the target Rs 15,860.40 million in the first quarter of the current fiscal year.
It had collected a sum of Rs 8,052.43 million in share of WHT against the target of 6,025.25 million in the first quarter of the current fiscal year.
The Collectorate had collected a handsome amount of Rs 432.67 million in share of FED while the target set by FBR was Rs 162.15 million.
MCC-Appraisement (East) had fallen short in collection of customs duty during the first quarter of FY 2013-14; it had collected a sum of Rs 11,355.69 million against the target of Rs 12,532.33 million.
The Collector MCC-Appraisement (East) Abdul Rashid Shaikh was of the view that the entire team of the Collectorate remained stick to the basics to achieve the targets set by FBR in an efficient manner.