Federal Board of Revenue (FBR) has constituted a nine-member committee to review Authorized Economic Operator (AEI) programme rules.

The review committee to be headed by Chief Collector of Customs Enforcement (South) Karachi will comprise Collector, MCC Appraisement (West) Karachi (Secretary), Collector, MCC (Exports-PQ), Karachi, Project Director (AEO), Director Reforms and Automation, Karachi, Additional Collector, MCC Appraisement, Quetta, Additional Director Customs I&I Karachi, Tariq Aziz, Principal Appraiser and two officers of PRAL from business analysis and development.

Meanwhile, Model Customs Collectorate (MCC) of Port Muhammad Bin Qasim (PMBQ), Karachi surpassed its total half-yearly revenue target for July-December, 2019 by 106.44 percent.

The total collection for July-December, 2019 stood at Rs 328.303 billion as against the target of Rs 307.165 billion, which is 106.44 percent of the assigned target and 23.19 percent higher than the Rs 266.503 billion collection of July-December, 2018.

The Customs Duty Collection during first six months of current financial year registered an increase of 16.65 percent, amounting to Rs 103.356 billion as compared to the collection of Rs 88.606 billion in July-December, 2018. Similarly, in the same period Sales Tax collection increased from Rs 144.453 billion to Rs 191.384 billion and Federal Excise Duty from Rs 2.311 billion to Rs 3.1219 billion.

Mumtaz Ali Khoso, the Collector of Customs, has attributed this impressive revenue performance of the Collectorate to the leadership of Syed Mohammad Shabbar Zaidi, Chairman FBR, Dr Jawwad Uwais Agha, Member (Customs - Operations) and Suraiya Ahmed Butt, Chief Collector (Appraisement-South), Karachi. He also appreciated the contributions of his team and reiterated the resolve to achieve the revenue target for rest of the half financial year.