During May 2021 smuggled goods worth PKR2.6 billion have been seized so far, while in May 2020 smuggled goods worth PKR1.5 billion were seized, thus showing a monthly increase of 74 percent.
Similarly, during last 11 months (July 2020- May 2021) of current financial year smuggled goods worth PKR52.5 billion have been seized as compared to PKR40.8 billion in Jul 2019 to May 2020 of the last financial year thus showing an increase of 29 percent.
This collection is possible due to measures include counter smuggling operations regarding tea, tyres, textiles, electronics, palm oil and PO. Besides enforcement measures, effective administrative measures like auction of goods, control measures against under invoicing, adjudication of court cases, recovery of arrears, DIRBS and audits have also increased the revenue generation.
Due to effective enforcement measures taken by Inland Revenue (IR) and Customs, additional revenue of PKR175 billion is collected in the current Financial Year out of which Inland Revenue (IR) has added around PKR100 billion. IR enforcement measures include recovery out of arrears, efficient audits, improved monitoring of sales tax, POS integration, broadening of tax base and monitoring of withholding taxes. Similarly, out of PKR175 billion, PKR75 billion have come from effective enforcement measures taken by Pakistan Customs.
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