ISLAMABAD: The Auction Cell of the Model Customs Collectorate Islamabad held an auction of seized perishable goods and earned Rs495000. The auction was held on 17th of October 2017 at the State Ware House G/11 Islamabad.
According to details explained by Majid Hussain Gadd, Assistant Collector Auction Cell MCC Islamabad, that the Auction Cell showed tremendous performance under the guidance of Dr. Saeed Khan Jadoon. The items auctioned off include foreign origin chocolates Sinkers, Mars and foreign origin bubble gum Batook.
The people from Rawalpindi, Islamabad and Peshawar participated in the said auction. The auction was organized by the Alvi Auctioneers along with the customs staff of the MCC Islamabad under the supervision of Assistant Collector Majid Hussain Gadd following the customs auction laws in a transparent manner.
Majid Hussain said the standard procedures were followed in the auction process and the bidders deposited 25% on the spot out of the total worth of the lots they purchased through auction. The auction cell generated Rs0.495million except 10% of duty taxes.
The Customs Auction Cell of the Model Customs Collectorate (MCC) Islamabad earned Rs19.577million through public auction of impounded vehicles and seized smuggling goods during the 1st Quarter (July to September) Financial Year (FY) 2017-18.
