KARACHI: MCC Port Qasim Karachi has collected Rs. 73 billion as customs duty against last year’s collection of Rs. 58 billion in first five months thus registering growth of 25.86% year-on-year basis, a press release said.
MCC Port Qasim collected Rs. 15 billion customs duty in the month of November 2018, which shows remarkable 18.64% growth against collection of Rs. 12.71 billions in the corresponding month of last year. During first five months the collection of sales tax stood at Rs.121 billion as against Rs.112 billion on year-on-year basis whereas, collection of income tax is Rs.26 billion as against the last year collection of Rs.22 billion which shows 8% and 18% growth, respectively during the period under review.
MCC Port Qasim has thus recorded unprecedented growth of 14% in total revenue collection from Rs.194 billion to Rs. 221 billion year-on-year basis in first five months of current fiscal year.
MCC Port Qasim has thus contributed significant share in total revenue collection by the FBR during the period. This tremendous achievement occurred owing to the teamwork under the motivational leadership of Ch. Muhammad Javaid, Collector MCC Port Qasim.