Headlines

FBR to launch online auction system for non-customs paid vehicles

The Federal Board of Revenue (FBR) has announced plans to introduce an online/e-auction module for non-customs paid vehicles to enhance transparency and efficiency in their disposal.

As per reports, Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar chaired a follow-up meeting of the high-level committee on tampered and confiscated vehicles on Thursday, where the FBR presented details of the proposed system. The module is designed to ensure fairness and optimal revenue generation from the auction of confiscated vehicles.

The FBR has also prepared a new Customs General Order (CGO) for the disposal of tampered and confiscated vehicles. A sub-committee tasked with reviewing existing laws and policies finalized the CGO after detailed deliberations, and it was subsequently approved by the DPM.

Senator Dar emphasized that the decision reflects the government’s commitment to technology-driven solutions that improve transparency, conserve public resources, and streamline the auction process for confiscated vehicles.

The meeting was attended by the Minister for Law & Justice, Special Assistant to the Prime Minister Tariq Bajwa, Chairman FBR, and Secretary of the Ministry of Information.


Discover more from Brackly News

Subscribe to get the latest posts sent to your email.

People also read

Rawalpindi launches 45 electric buses; 80-bus fleet planned

Brackly News

PPL announces gas discovery in Sawan field’s SND-1 well in Sindh

Brackly News

Govt seeks IMF go-ahead for Rs975 billion tax relief package

Brackly News

Leave a Comment