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 earns Rs 19m through auction

byTariq Derya
24/06/2016
in Breaking News, Islamabad, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: Model Customs Collectorate generated Rs 19 million through auction of confiscated vehicles and various goods.

Assistant Collector Tahir Khattak told Customs Today that Islamabad Customs aimed at exceeding the revenue target for the current fiscal year, adding that the collectrate held third auction in a month i.e. June 24, 2016 on the directions of Collector Dr Arslan Subuctageen.

You might also like

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

25/07/2026

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

25/07/2026

The auction was supervised by Tahir Khattak in which the people from Rawalpindi, Islamabad and Peshawar participated. It was an open auction for all participants.

The vehicles, including Toyota Land Cruiser, Toyota Crown, Toyota double cabin, Toyota surf, Toyota Hiace, Toyota Sprinter, Nissan support car, Nissan Safe-co, Nissan Magma and Nissan double cabin, and five lots of miscellaneous goods were auctioned successfully through transparent process.

The assistant collector further informed that the vehicles with changed or altered chassis numbers were not presented for auction.

The generation of revenue through auction will help the collectorate to meet the set revenue targets for the running fiscal year, he said, adding that all other departments were also striving to collect maximum revenue by the end of the year.

The participants said that the auction was held in good manners by the customs officials, adding that the whole process was fully disciplined and transparent.

Related Stories

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

byCT Report
25/07/2026

GWADAR: Iran has closed and reopened the Strait of Hormuz several times since the US-Iran war began in February. When...

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

byCT Report
25/07/2026

LAHORE: Lahore Chamber of Commerce and Industry hosted a seminar titled “Enhancing Pakistan-Libya Trade and Economic Cooperation”, attended by Major...

SBP foreign exchange reserves increase by $33m

byCT Report
25/07/2026

KARACHI: Pakistan’s foreign exchange reserves recorded a modest increase during the week ended July 17, 2026, according to the latest...

New Finance Act rule forces businesses to get FBR-verified invoice numbers

byCT Report
25/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) will require taxpayers to issue a verifiable and unique invoice number for every...

Next Post

World Bank to provide $500m for 'competitiveness and growth' in Pakistan

  • 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.