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Home Islamabad

Islamabad Collectorate auctions 25 vehicles for Rs 35 million

byM. Faizan
25/11/2014
in Islamabad, Latest News
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ISLAMABAD: The Model Customs Collectorate Islamabad earned Rs 35 million by auctioning 25 of 35 confiscated vehicles.

Rest of the ten vehicles were not auctioned for low bids. They will be auctioned with other vehicles next month. Two Honda motorcycles were auctioned for Rs 33 and Rs 30,000.

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Imported cloth and Chinese cosmetics worth Rs 7.5 million were not auctioned as no one made a suitable bid. The auction started at 11am at the Customs warehouse in Sector G-12 under Model Customs Collectorate Islamabad Assistant Collector Yawar Nawaz. The auction process was transparent.

According to customs sources, rest of the 10 cars will be auctioned next month with vehicles handed over by other departments. The branded Chinese cosmetics were not auctioned as no one made a suitable bid. The department is pondering to sell the cosmetics in smaller quantities. Suggestion to setup shops to sell such goods or putting them on display at the state warehouse is also under consideration.

Tags: Assistant Collector Yawar NawazauctionsIslamabad collectorateRs 3.5 million

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