KARACHI: MCC Gwadar has exceeded Revenue Collection over the assigned target by massive 78 percent for the first quarter (July- September FY 2016-17.
Total revenue collection target of the Collectorate for the first quarter was Rs3.103 billion while collection against this target stood at Rs.5.524 billion.
This collection is 119 percent more than the revenue collection of the corresponding period of the previous year 2015-16 when only Rs2.519 billion were collected.
A comprehensive strategy coupled with the strong anti-smuggling measures against non-duty paid and contraband items materialized into surpassing the revenue collection target.
Officers and staff of MCC, Gwadar under the guidance of Collector Saeed Akram made all out efforts to stop revenue leakage and ensure every single penny, which should have been collected as Customs revenue goes into the national exchequer.
During the same period anti smuggling wing of MCC, Gwadar seized goods worth Rs75 millions including high speed diesel (HSD) 249100 liters, 466 Kgs of narcotics and other miscellaneous items.
FBR is taking several measures to increase legitimate revenue collection. Customs is updating database values to avoid under-invoicing and other measures are being taken to plug revenue leakage. All these steps are taken so that Pakistan could get rid of the evil clutches of IMF.
Director Transit Trade Wajid Ali, Collector Gwadar Saeed Akram and Collector Quetta Saeed Jadoon have been assigned this task to keep strict check on the smuggling, so that the measures taken by FBR could yield result and economy could prosper.