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Home Latest News

Faisalabad customs auctions fetch Rs14.00million income

byNaeem Sheikh
12/03/2017
in Latest News, National
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FAISALABAD: The Model Customs Collectorate Faisalabad collected Rs14.00million revenue through auction of miscellaneous confiscated goods.

The Faisalabad Customs organized public auctions recently. It presented 97 different lots consisting of tyres and tubes, dismantled vehicles, welding rods, auto-parts, kids’ suits, solar panel fans, cloths, plastic granules, computers and various fax machines for auctions. All items were seized by the Anti-Smuggling Organisation (ASO).

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During the auctions, only six miscellaneous lots were successfully auctioned which included Lot No: 36/2015-16 worth Rs90,000, Lot No: 105/2014-15 worth Rs 201000, Lot No: 12/2016-17 valued Rs 210000, Lot No: 41/2016-17 priced Rs 450000.

Two vehicles, including fork-lifter worth Rs 650000 and Toyota Vitz car valued Rs720000, were auctioned off.

The participants also rejected various goods that will be presented for auction again after the revision of prices. The auction was held through open bidding where everyone was given opportunity for the bidding of confiscated goods.

Deputy Collector Rana Falik Shair supervised the auction process to ensure transparency along with Superintendent Muhammad Javed and UDC Khadim Hussain.

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