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MCC Hyderabad gets Rs389.206m revenue during 13 days of September

MCC Hyderabad gets Rs389.206m revenue during 13 days of September

HYDERABAD: The MCC Hyderabad has generated Rs389.206million revenue during 13 days of September FY2017-18.

The Hyderabad MCC collected Rs108.297million as Customs Duty, Rs269.250million of Sales Tax, Rs1.500million as Federal Excise Duty (Special FED) and Rs10.159million of With Holding Tax (WHT) during the abovementioned period.

The Customs House Hyderabad expects to achieve millions of rupees as Customs Duty (CD), Sales Taxes (ST), Federal Excise Duty (FED) and With Holding Tax (WHT).

The major tax sources include unit of Sukkur (OMC & Rima cooking oil) SWH, Sukkur Directorate, Sukkur Dry Port, Hyderabad Bonded Ware House, State Ware House, Export Hyderabad and KPR (Zero Point) Huffaz Seamless Pipe Industries, Crescent Steel, Omni Polymer Industries and Pakistan State Oil.

The Anti-Smuggling Organization (ASO) Hyderabad also took into possession Non-Duty-Paid vehicles including four oil tankers filled with170,000 liter of smuggling Iranian High Speed Diesel (HSD), foreign origin Non-Duty-Paid cigarettes of different brands including Pine Light of Korea, Reds Virgin of England, foreign origin cloths and other contraband items.

The computer sets, CPUs of Dell, hard discs, different GB DVDs, laptops and other items worth millions of rupees were also seized during three months of June/July/ August 2017-18. The ASO confiscated worth Rs44251.34million different goods.

Under the supervision of Hyderabad Customs Collector Akhlaq Ahmad Khattaq, Aamer Nawaz Hamid, Deputy Collector Baasit Hussain (HQ) Deputy Collector Dry Port Zam Zam Aman, Principal Appraiser Mashuq Ali Panhwar, Appraiser Ashir, Appraiser Tabassum and Superintendent Statistical Revenue played an important role in the revenue collection, officials said.

They added that the anti-smuggling campaign is in full swing in the region following the guidelines of the Federal Board of Revenue (FBR) and Collector Akhlaq Ahmad Khattaq in order to enhance the revenue generation.

It is necessary to mention here that the Customs Collectorate Hyderabad is using all available resources to recover the outstanding dues from tax defaulters and also taking necessary steps to receive more revenue to meet the collection target set for FY2017/18.