MULTAN: The Customs Collectorate has conducted auction of confiscated smuggled items after the approval of the Federal Board of Revenue (FBR) and generated Rs.9.48 million through auction of vehicles and other miscellaneous goods.
According to details, Multan Customs held public auction of non-customs paid vehicles and various confiscated smuggled goods in Multan Dry Port. The Customs Collectorate Multan has presented eight various lots of confiscated vehicles for public auction including Toyota Vitz, Toyota Fielder, Suzuki Swift, Suzuki Kei, Suzuki Alto and others for the bidding process. Multan Customs sold out all lots of confiscated vehicles in Rs.6.90 million successfully during the auction.
Multan Customs Collectorate has also offered 48 various lots of miscellaneous goods including electronics goods, auto spare parts, tyres and cell phones in the auction. Almost 17 various lots of miscellaneous goods were sold out in Rs.2.58 million in the auction. There were 31 various lots rejected due to low bid offer from reserve price of Multan Customs.
Customs offered four various lots of High Speed Diesel (HSD), furnace oil, bunker fuel and POL products during auction and they were not sold out due to absence oil marketing companies in the auction. All presented goods and vehicles were seized by Customs Anti-Smuggling Organization and they were disposed after trial in the customs Adjudication.
The auction of confiscated vehicles and miscellaneous articles was supervised by Assistant Collector Muhammad Ikram along with Inspector Zia Bhatti and others to ensure its transparency.
