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Home Latest News

Faisalabad Customs earns Rs 2.95m through auction in June

byNaeem Sheikh
19/07/2016
in Latest News, National
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FAISALABAD: The Model Customs Collectorate collected Rs 2.958 million through auction of confiscated miscellaneous goods during June 2016.

According to the details, the Faisalabad Customs organised four public auctions during the said period. It presented 98 different lots consisting of tyres, tubes, 32 dismantled vehicles, welding rods, auto parts, kids’ suits, solar panels fans, cloth, plastic granules, computers, and various fax machines in the auctions. All items were seized by the Anti-Smuggling Organisation (ASO).

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During the auctions, Only Six miscellaneous items were successfully auctioned, including 400 kilogram of plastic beads worth Rs 70,000, fax machines worth Rs 175,000, plastic paper valued at Rs 260,000 computers worth Rs 181,000, tyres and tubes worth Rs 72,000 and 32 dismantled vehicles worth Rs 2.2 million.

The participants also rejected various goods that will be presented again in next auction 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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