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Home Islamabad

Auction Cell Margallah generates Rs35.500m as CD during 30 days

byTariq Derya
31/01/2018
in Islamabad, Latest News
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ISLAMABAD: The Customs Auction Cell Margallah Dry Port Islamabad and Directorate I&I earned Rs35.500million of Customs Duty during first 30 days of January FY17-18.

According to details explained by official sources of the Model Customs Collectorate (MCC) that, during above said period, the Margalla Dry Port generated Rs32.388million as Customs Duty (CD). The sources added that, during said period, the Directorate of Intelligence and Investigation (I&I) Islamabad collected Rs3.119million under the same head.
The Directorate of I&I Islamabad, including Dry Port Islamabad Auction Cell, fetched Rs32.216million of CD while the I&I Islamabad did Rs0.984million by holding the auction of confiscated goods and vehicles.
The Auction Cell of Islamabad got Rs109.00million of CD during 2nd-Q of FY2017-18 by auctioning off the goods seized by the Directorate of I&I and Islamabad Customs. The Auction Cell collected Rs57.344million as CD during the month of December FY 2017-18 whereas the Auction Cell did Rs5.478million under the same head during the month of November FY17-18 as well as it generated Rs46.173million through auction of various kinds of items during the month of October FY17-18.
During the month of December FY17-18, the Directorate of I&I Islamabad received Rs18.657million of revenue by seizing goods under the head of CD while Islamabad Customs earned Rs38.687million of revenue during said period under the same head.
During the month of November FY17-18, I&I got Rs0.300million as CD by auctioning off the confiscated goods while the Auction Cell Islamabad earned Rs5.178million under the same head during the same period by auctioning the seized items. Sources added that, during the month of October FY17-18, the I&I obtained Rs45.697million by publically selling off impounded items while the Islamabad Customs did Rs0.476million of revenue by confiscating goods under the head of CD.

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