According to provisional figures released on Friday, the net collection was Rs 333.6 billion in the first five months of fiscal year 2007-08 against Rs 296.3 billion in the corresponding period of 2006-07, showing increase of 12.6 percent. Direct taxes collection was Rs 110 billion during this period against Rs 96.5 billion of 2006-07, showing a growth of 14 percent.

Indirect taxes collection was Rs 223.62 billion against Rs 200 billion, showing a growth of 11.9 percent. The sales tax collection was Rs 142.1 billion during the period under review against Rs 125.7 billion in the same period of last year, reflecting a growth of 13 percent. Sales tax collection at import stage was Rs 81.5 billion against Rs 72.53 billion, with an increase of 12.4 percent, and sales tax collection on domestic consumption was Rs 60.6 billion against Rs 53.2 billion, showing a growth of 13.9 percent.

The board collected Rs 31 billion as federal excise duty (FED) during this period against Rs 25 billion, showing growth 24.1 percent. For the first time, the FBR also showed break-up of FED collection at import stage and domestic consumption. The FED collection at import stage was Rs 5.50 billion against Rs 2 billion, while FED collection on domestic consumption was Rs 25.50 billion against Rs 23 billion with an increase of 10.8 percent.

Customs duty amounted to Rs 50.55 billion against Rs 49.14 billion, showing a growth of 2.9 percent. Monthly data showed that net collection was Rs 62.1 billion in November 2007. The tax-wise break-up showed that direct taxes collection was Rs 15.3 billion; sales tax Rs 27.8 billion; federal excise duty Rs 7.6 billion and collection of customs duty was Rs 11.4 billion in November 2007.

The FBR paid Rs 20.65 billion as refund and rebate to exporters during July-November 2008 against Rs 41.233 billion, showing a decrease of 49.9 percent. The zero-rating of five major export oriented sectors seemed to be the reason behind decrease in payment of refunds.

Direct taxes refund was Rs 4.8 billion during this period against Rs 15.5 billion in the same period last year, reflecting a decrease of 68.6 percent. The board has paid Rs 15.80 billion as indirect taxes refund/rebat against Rs 25.73 billion, showing a decrease of 38.6 percent.

Sales tax refund stood at Rs 11.578 billion against Rs 19 billion, showing a decrease of 38.9 percent. Sales tax refund paid at the import stage was Rs 37 million and domestic consumption Rs 11.54 billion during July-November of current financial year.

The board paid Rs 4.2 billion as customs duty rebate to exporters during the period under review against Rs 7 billion in the same period of 2006-07, showing a decrease of 37.2 percent