Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Customs officials disregards rules in auction process

byM Hayat
14/12/2021
in Breaking News, Lahore, Latest News, Slider News
Share on FacebookShare on Twitter

LAHORE:  Pakistan Customs has openly disregarded the rules set by the government of Pakistan in an upcoming tender to be held in Federal Board of Revenue (FBR) House Islamabad.

The auction to be held under the supervision of the Auction Committee asked the bidders to deposit 25 percent of the bid amount in cash as earnest money immediately after completion of the bidding.

You might also like

Gold price jumps Rs5,700 per tola

22/08/2026

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

22/08/2026

The tender notice further cited that the balance amount including duties or taxes will be deposited within ten days of the auction, failing which the 25 percent amount will be forfeited the person will be declared as ineligible with prior approval of the competent authority.

It is pertinent to mention that asking for cash payment is unlawful as per the rules set by the incumbent authorities and the department can be reported and reprimanded in case of violation.

The government of Pakistan has directed all departments to get payments through secure, transparent, and convenient digital channels as the digitization of payments reduced leakages, resulting in more income for the authorities.

When the relevant officials were contacted about the matter by the publication, they refused to comment.

Related Stories

Gold price jumps Rs5,700 per tola

byCT Report
22/08/2026

KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

byCT Report
22/08/2026

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal for virtual asset service providers. The move completes...

KP approves Digital Payment Act to promote cashless economy

byCT Report
22/08/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...

Aurangzeb, SRF delegation, discuss investment opportunities, economic cooperation

byCT Report
22/08/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with a high-level delegation of the Silk...

Next Post

Monetary policy: SBP raises interest rate by 100 bps to 9.75pc

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.