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 Illustrations

Faisalabad Customs generates Rs5.783m revenue through auction

byNaeem Sheikh
12/04/2017
in Illustrations, Latest News, National, Today's Cartoon
Share on FacebookShare on Twitter

FAISALABAD: The Model Customs Collectorate Auction cell generate Rs15.783 million through the public auction of confiscated vehicles and miscellaneous goods during the first three months ( January-March ) of Fiscal Year 2107.

Sources told Customs Today that during first three months of fiscal year 2017-18 the auction cell collected handsome revenue through auctions of non duty paid vehicles and smuggled goods adding that the customs stations which falls under the jurisdiction of Customs Faisalabad includes Sargodha, Sara e Muhajir, Mainwali, Jhang seized the smuggled items brought into Country without payment of customs duty and taxes and Faisalabad held auctions of smuggled goods and vehicles separately but all the revenue collection transferred in the account of MCC Faisalabad at the end.

You might also like

SAARC chief urges turning South Asia’s challenges into opportunities

24/04/2026

DG Valuation revises import values for PVC, PU coated vide VR No.2068/2026

24/04/2026

Faisalabad Customs conducted auction of non customs paid vehicles and miscellaneous goods in the Customs green park at the Gate stage. There were sale different models of vehicles and others large Number of Smuggled goods presented in the auction of Customs for public sale. People from various cities have participated in the auction for purchase of goods and vehicles.

Sources said that during the above said period MCC Faisalabad collected revenue of Rs2.950 million in January, auction cell collected revenue of Rs2.321 million in February and collected revenue of Rs10.512 million through auctions in March. Furthermore, that customs collectorate already expedited their efforts to collect outstanding amount from defaulters.

Deputy Collector Rana Falik Shair will supervised the public sale of non customs paid vehicles and goods to ensure transparency.

Related Stories

SAARC chief urges turning South Asia’s challenges into opportunities

byCT Report
24/04/2026

ISLAMABAD: President of the SAARC Chamber of Commerce and Industry, Chandi Raj Dhakal, has emphasized that South Asia’s economic and...

DG Valuation revises import values for PVC, PU coated vide VR No.2068/2026

byCT Report
24/04/2026

KARACHI: The Directorate General of Customs Valuation has revised customs values for imports of PVC, PU and other coated fabrics...

PM clears NBP’s long-awaited Rs35 per share dividend

byCT Report
24/04/2026

ISLAMABADI: National Bank of Pakistan has received approval for its long-delayed dividend payout after Prime Minister Shehbaz Sharif cleared the...

SBP eases import financing rules for oil & LNG amid geopolitical crisis

byCT Report
24/04/2026

KARACHI: The State Bank of Pakistan (SBP) has revised key foreign exchange instructions to facilitate the import of crude oil,...

Next Post

ASO seizes 500 liter Iranian origin diesel

  • 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.