ISLAMABAD: The Auction Cell of Model Customs Collectorate (MCC) Islamabad auctioned two trucks of bananas weighed 22,000 kilogram amounting to Rs720000million plus tax during a public auction on Saturday at the State Ware House at G-11 Markaz Islamabad.
According to details given by Assistant Collector Auction Cell Majid Hussain Gaad that the Anti-Smuggling Organization (ASO) Islamabad impounded two trucks laden with Indian bananas on Friday and Saturday and handed them over to the Auction Cell because of being a perishable item.
The Auction Cell immediately informed the auctioneers of perishable goods to come to the SWH and buy the above said item. He said the buyers from different parts of Rawalpindi and Islamabad participated in the auction which was organized by the Alvi Auctioneers along with the customs staff. Both loaded trucks were sold at a good price of Rs720000million exclusive 10% of duty taxes applied on goods and vehicles sold in auction. The auction was organized with a transparent manner under the Customs Act-1969.
He said the Customs Auction Cell MCC Islamabad beat all the corresponding financial years’ records with outstanding revenue collection of Rs416.72million during Financial Fear FY2016-17.
The Auction Cell earned said amount by holding auctions of impounding smuggled goods and offending vehicles (Vehicles used for carrying smuggled goods).
