Revenue collection increases by Rs13.3m monthly
By Asad Cheema

ISLAMABAD—The revenue of Excise and Taxation Department of the capital territory has witnesses an increase of Rs 13.3 million monthly, officials said.
The department is considering to levy 8 percent Bed Tax on hotels and guest houses while it would soon start collecting renewal and other fees saving commission that is being paid to other departments, officials added.
The National Bank of Pakistan would be establishing collection counter at Excise Office soon. A top official said that the revenue collection has been simplified and more steps are being taken to further uncomplicated it which will attract more revenue.
The official said that Excise authorities would soon start collecting registration and renewal fees at their facility saving the time of the customers.
“We are in process to simplify the system and the customers would get all facilities under one roof - the role of Pakistan Post (post offices) would come to an end,” said the official adding that this would also save the commission that Excise has been paying to postal services department.
He said that due to the government’s positive policy and all major banks stepping into consumer finance — some 10,000 cars are being registered monthly which has boosted the revenue. Similarly, there is a lot of transfer of ownership which has added to the government’s income.
Under the motor registration head, Excise office collected Rs 15,21,88,765 rupees in the first quarter of 2006-7 while during the corresponding period it has made it to Rs 12,91,76,938.
Rs 55,557,117 have been collected as Token fee while during the same period last year Rs 44,251,154 were collected. Also Excise authorities collected Rs 73,497 as Education Cess.
A sum of Rs 25,94,3594 were collected as Excise Duty while last year 22,06,2255 were collected. Rs 14,19,117 were collected against the last year’s 9,41,014. Rs 1,06,2500 has been collected as entertainment duty, Rs 7,74,200 from motor vehicle and property dealers, 20,400 as Tobacco Vad Fee.