KARACHI: Directorate General of Customs Intelligence and Investigation’s Anti-Smuggling Organisation (ASO) Director Asif Marghoob has directed to prepare and issue a schedule for the auction of different contraband items.
Sources informed Customs Today that Siddiqui recently held a meeting of the officials concerned and told them to finalize the auction schedule, so that the revenue collection could be done before the end of the current fiscal year.
The director further said that the auction would play a vital role in generating the revenue by the end of current fiscal year, adding that all contraband items which were adjudicated by the court of law should be placed in auction.
Responding to a query, the sources informed that a process of auction carried out by the authorities concerned of Customs I&I is to be started by the advent of next month i.e. June.
The sources further said that the authorities concerned of Customs Intelligence-anti-smuggling would finalise the auction schedule by the end of current week and would invite the auctioneers in the month of June.
The sources said that the authorities concerned of the department may schedule three auctions in the last month of the current fiscal year 2015-16.
The sources confirmed that the authorities concerned would place the contraband items including foreign cigarettes, non-duty paid vehicles, cloth, electronic items, auto-parts and others in auction process.
It is pertinent to mention here that the directorate general had already arranged two auctions in the past few months through which millions of rupees have been deposited in national exchequer.
