ISLAMABAD: The Federal Board of Revenue (FBR) has started the registration process for Customs Auctioneers.
In an announcement, FBR invited applications for registration as Auctioneer as given under Rules 50 & 51 of Customs Rules, 2001 Notified vide SRO-450 (1)12001 Dated 18.06.2001.
The intended auctioneer is required to fulfill the following criteria as laid down under Rule 52 of the ibid Rules:
52 Qualification for registration- A person is qualified to be registered as an auctioneer if he is a citizen of Pakistan; is not less than thirty years of age; has been engaged in auctioning business for not less than five years and enjoys a good reputation for clean business; has an established office in Pakistan; is certified by a scheduled bank to be financially sound; is a member of the Chamber of Commerce and Industry; and Is an income tax assessee.
Applicants who fulfill the above qualification criteria may submit applications to the FBR by September 5, 2023.
