KARACHI: In a landmark finding, the Federal Tax Ombudsman (FTO) Asif Mehmood Jah in pursuance of an own motion investigation has ordered the Customs authorities to do away with the huge pendency of auction-able goods/vehicles.
In compliance of the above said directives, FBR has far collected 5.34 billion by disposal of goods through auction. And as a result, total 5,339.418 Million Revenue collected.
the own motion investigations were initiated by the FTO on the reports regarding large quantity of confiscated or otherwise un-cleared goods and vehicles laying un-disposed at Customs formations all over the country, involving stuckup revenue of billions of rupees. The Customs Laws, Rules, Customs General Orders (CGOs) and instructions provide for expeditious disposal and auctions of such goods and vehicles, however, the Customs authorities are not disposing these goods and vehicle shaving tampered and non-tampered chassis numbers as required under the law.
The data pertaining to the un-disposed lots ripe for auction was collected for the analysis purposes by FTO which revealed that a total of 8,522 lots are un-disposed and still pending in auction.
The FTO has directed the FBR to do away with the huge pendency of auctionable goods/vehicles.
Furthermore, Member Customs (Operations) was to personally monitor the above activity and disciplinary action to be initiated under E&D rules 2020 against the Collectors/Directors who fail to comply this direction.
In compliance of the above instructions, goods worth Rs .5.34 billion have been auctioned by customs in recent months.