FAISALABAD: Directorate of Customs Intelligence and Investigation (I&I) auction committee conducted auction of non-duty paid vehicles and other smuggled goods after the permission of Federal Board of Revenue (FBR) and generated revenue of Rs3.9 million through auction process during the month of January.
Deputy Director Irfan Shoukat told Customs Today that during different anti-smuggling operations, the Customs I&I seized smuggled items from GT Road, MI, M2, M3, Faisalabad, Sargodha and Sumandri and shifted the same to the State Warehouse.
Customs I&I registered the cases of seized goods and referred these cases to the customs adjudication department for proceeding. After the conclusion of proceeding of the cases the adjudication authority announced the judgment in favor of the Customs Intelligence and Investigation Faisalabad.
Deputy Director Irfan Shouqat said that various parties participated in the bid of auction but only four parties offered attracted prices while foreign origin black Indian tea were sold in Rs1,26,500 foreign origin tyres worth Rs1,43,000 Hino Ranger truck 35,86,000 and others different items worth Rs47300.
The auction was held at the Customs Intelligence and Investigation office Amin Town Canal Road Faisalabad. Deputy Director Irfan Shouqat supervised the auction process. He said the auction will strengthen revenue generation measures of the directorate.
