AIRLINK 197.00 Decreased By ▼ -4.24 (-2.11%)
BOP 10.02 Increased By ▲ 0.05 (0.5%)
CNERGY 7.33 Increased By ▲ 0.44 (6.39%)
FCCL 35.70 Increased By ▲ 0.34 (0.96%)
FFL 16.94 Decreased By ▼ -0.21 (-1.22%)
FLYNG 25.20 Increased By ▲ 0.99 (4.09%)
HUBC 134.00 Decreased By ▼ -4.19 (-3.03%)
HUMNL 14.03 Decreased By ▼ -0.04 (-0.28%)
KEL 4.80 Decreased By ▼ -0.06 (-1.23%)
KOSM 6.88 Increased By ▲ 0.22 (3.3%)
MLCF 44.50 Decreased By ▼ -1.81 (-3.91%)
OGDC 217.99 Decreased By ▼ -4.55 (-2.04%)
PACE 6.95 Decreased By ▼ -0.11 (-1.56%)
PAEL 41.00 Decreased By ▼ -2.14 (-4.96%)
PIAHCLA 16.85 Decreased By ▼ -0.18 (-1.06%)
PIBTL 8.45 Decreased By ▼ -0.09 (-1.05%)
POWER 9.35 Increased By ▲ 0.25 (2.75%)
PPL 184.03 Decreased By ▼ -4.73 (-2.51%)
PRL 40.75 Decreased By ▼ -2.52 (-5.82%)
PTC 24.75 Decreased By ▼ -0.60 (-2.37%)
SEARL 103.40 Decreased By ▼ -7.02 (-6.36%)
SILK 1.01 Decreased By ▼ -0.02 (-1.94%)
SSGC 40.48 Decreased By ▼ -2.16 (-5.07%)
SYM 18.00 Decreased By ▼ -0.57 (-3.07%)
TELE 8.80 Decreased By ▼ -0.32 (-3.51%)
TPLP 12.75 Decreased By ▼ -0.93 (-6.8%)
TRG 66.80 Decreased By ▼ -1.36 (-2%)
WAVESAPP 11.30 Increased By ▲ 1.03 (10.03%)
WTL 1.78 Decreased By ▼ -0.09 (-4.81%)
YOUW 4.03 Increased By ▲ 0.02 (0.5%)
BR100 12,077 Decreased By -142.4 (-1.17%)
BR30 36,524 Decreased By -793.3 (-2.13%)
KSE100 115,042 Decreased By -802.6 (-0.69%)
KSE30 36,200 Decreased By -276.6 (-0.76%)

The Model Customs Collectorate (MCC) Gwadar collected Rs 11 billion during the first half of FY19-20. MCC Gwadar collected customs duty worth Rs 5.80 billion during the first half.

Sales tax collection stood at Rs 3.75 billion as against Rs 2.82 billion on year-on-year basis and collection of income tax remained Rs 0.43 billion. MCC Gwadar also collected Rs. 1.05 billion Balochistan Development Cess, a provincial levy collected by the Collectorate on behalf of the Balochistan Government.

On monthly basis, MCC Gwadar's customs duty collections in Dec 2019 reached Rs1.42 billion; registering considerable growth of 35 percent as against the collection of Rs 1.05 billion during the same month last year.

Similarly collection of sales tax in December, 2019 stood at Rs 1.37 billion as against the collection of Rs 1.04 billion during last year registering growth of 31 percent.

Considerable chunk of this collection was generated through liquidation of court cases; encashment of ripe securities and timely auction of confiscated/seized goods particularly Iranian Diesel seized during anti smuggling operations in the area.

MCC Gwadar contributes major share in total revenue collection in the region during the period. According to the official sources this tremendous achievement occurred owing to the teamwork under the dynamic and motivational leadership of Muhammad Yakoob Mako, Collector MCC Gwadar.

Copyright Business Recorder, 2019

Comments

Comments are closed.