Excise dept. recovers Rs424mn in last eight months

KARACHI: Sindh Minister for Excise, Taxation and Narcotics Control Mukesh Kumar Chawla has said that Sindh Excise Department has recovered more than Rs. 42426.069 million during last eight months of the current financial year from July 2017 to February 2018.

The amount was recovered under heads of various taxes while in the same period during last fiscal year Rs.37293.108 million were recovered, he said while presiding over a meeting here at his office, said a statement on Tuesday.

Secretary Excise & Taxation and Narcotics Control Abdul Haleem Shaikh, Director Generals Shoaib Ahmed Siddiqui and Shabbir Ahmed Shaikh and other Directors also attended the meeting.

While briefing the meeting, the directors concerned told that Rs. 4669.220 million were recovered in terms of Motor Vehicle Tax, Rs. 32530.603 million in terms of Infrastructure Cess, 275.159 million in terms of Professions Tax, Rs. 168.588 million in terms Cotton Fee, Rs. 1502.816 million in Property Tax and Rs. 35.275 million in Entertainment Duty, while the remaining amount were recovered in heads of other taxes.

Expressing his satisfaction over the recovery of the taxes, Chawla asked the officers to speed up the recovery of the taxes and accomplish their target before the end of the current fiscal year.

He added it is our prime duty to get our objectives before the current financial year goes to an end and to deposit the taxes in national exchequer.

On this occasion the officers assured the Minister that they would make their utmost efforts to achieve the target and come up to the expectation of their superiors.