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MCC-Appraisement (West) clears 701 imported vehicles; collects revenue of Rs449m

MCC-Appraisement (West) clears 701 imported vehicles; collects revenue of Rs449m

KARACHI: The Model Customs Collectorate (MCC) of Appraisement-West has cleared 701 imported vehicles out of total 761 and collected a revenue/surcharge of Rs449.294 million by March 17.

According to the FBR sources, 60 more imported vehicles are still stuck at ports and the Pakistan Customs will get the revenue of Rs38.455 million after the clearance of these 60 vehicles.

It is pertinent to mention here that the MCC-Appraisement (West) had also issued demand notices of Rs320 million to the importers and Customs agents during the last two months against the shortfall of surcharge levied by the Ministry of Commerce on the clearance of imported vehicles, which were released by the ports earlier.

It may be mentioned here that the Ministry of Commerce in the Economic Council Committee (ECC) meeting had approved the clearance of imported vehicles with the surcharge of 64 per cent on those vehicles older than 3 years and 8 months and also imposed an addendum of 20 per cent as “flat rate” on imported vehicles which passed the time period of 3 years and 8 months.