RECORDER REPORT

KARACHI: Model Customs Collectorate (MCC) Gwadar has surpassed its revenue target by Rs700 million during Financial Year 2018-19.

According to details, the MCC Gwadar has collected Rs12.7 billion custom duty as against the target of Rs12 billion, surpassing its target by Rs700 million.

The collection of custom duty shows 30 percent growth as compared to the collection made during preceding year. The amount involves realisation of more than Rs1 billion revenue through encashment of guarantee after pursuance of court cases and through auctions of confiscated goods.

Official said that the Collectorate has also surpassed overall revenue target by Rs1.1 billion as against the target of Rs18.6 billion.

He said that the collectorate has also initiated a crackdown against the illegal sale of smuggled diesel in assistance with the FC, South. During the various operations and raids, the MCC Gwadar succeeded in seizing more than 3.5 million litres of diesel in assistance of FC-South especially 61-Avaran Wing stationed at Hub city besides more than two dozen illegal outlets of diesel located in the Hub city were also dismantled; 150 vehicles including 100 oil tankers and 27 trucks carrying diesel oil were confiscated.