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MCC-Port Qasim collects Rs16.24bn in Feb, 2014

MCC-Port Qasim collects Rs16.24bn in Feb, 2014

KARACHI: Model Customs Collectorate of Port Muhammad Bin Qasim has collected revenue of Rs 16,240.959 million in share of customs duty, sales tax, federal excise duty and income tax in the month of February, 2014.

MCC Port Qasim has collected Rs 4,329.448 million in share of customs duty against the target of Rs 5,587.520 millions set by Federal Board of Revenue for the month of February.

The collectorate has collected revenue of Rs 9,697.570 million in share of sales tax against the target of Rs 12,154.090 million.

The collectorate has collected a sum of Rs 165.793 million in share of federal excise duty February, 2014 against the target 308.630 million.

The collectorate has collected Rs 2,048.149 million in share of income tax against the target of Rs 2,500.780 million set by FBR in the month of February 2014.

It is pertinent to mention here that the MCC-Port Muhammad Bin Qasim had collected total revenue of Rs 16031.495 million in the month of February, 2013.

According to statistics, the collectorate had collected revenue of Rs 4,244.452 million in share of customs duty in the month of February, 2013; Rs 9,670.804 million in share of sales tax in February, 2013; Rs 223.728 million in share of FED in the month of February, 2013 and Rs 1,892.511 million was collected in share of income tax in the month of February 2013.