Q.1. Where can I get information regarding Customs Auctions?

Ans. You may send an e-mail to customs@cbr.gov.pk or visit information available on CBR Website.

Q.2. Where can I get list of Autionable goods

Ans. The schedule of auction is available on this site. To go to Auction schedule click here.

Q.3.What are date, time & place of Auction

Ans. This information is available in auction schedule available in this site.

Q.4.How can I participate in Auction?

Ans. There are two modes of participating in Auction Through open public bidding; or By offering a sealed tender before start of bidding, which should specify the lot number, bid offered and should be accompanied by a Pay Order or Demand Draft of 25% of the bid amount in the name of Collector of Customs.

Q.5. What and when payment are to be made if I am the highest bidder?

Ans. Earnest money amounting to 25% of the bid offered will be deposited immediately after the fall of third hammer. If the bid is accepted by the department, the rest of the amount will be deposited within 07 days of the acceptance of bid.

Q.6. What are the acceptable modes of payment?

Ans. The amount is to be deposited through a Pay Order or Demand Draft or by cash in the designated branch of National Bank of Pakistan.

Q.7. Where and in what account payment is deposited.

Ans. The amount will be deposited in the account of Collector of Customs in the designated branch of National Bank of Pakistan.

Q.8. How much time does department normally takes in deciding the acceptance or rejection of the bid

Ans. The department is bound to decide on a bid within ten (10) days of the date of Auction.

Q.9. What if I fail to pay the earnest money in time?

Ans. The department has option to consider the second highest bid, or the do re-bidding. Your bid will not be considered without depositing the earnest money. However, the department has right to ban your participation from Auction if it is proved that you gave a fake bid.

Q.10. I have paid the earnest money and my bid has been accepted. I failed to pay the remaining amount of the bid in time. What should I do?

Ans. You may request the department to extend the time. If the time is not extended and bidder fails to deposit the due amount, his earnest money will be forfeited by the department.

Q.11. Can I withdraw from my bid when I have already paid earnest money?

Ans. No, you cannot withdraw from the bid. However, if department does not make any decision within 10 days, the higher bidder will have right to withdraw.

Q.12. What will happen if the quantity of goods found at the time of loading/delivery is found lesser or excess than the quantity announced at the time of Auction

Ans. If Auction was carried out on weight basis, not on lot basis, bidder will be refunded the amount in case of short weight, and will be liable to pay the additional amount in case of excess weight.

Q.13. If my bid is not accepted how can I get earnest money refunded and how much time does it take

Ans. Earnest money will be refunded immediately.

Q.14. I have paid the gross amount of bid. Have I to pay any other charges before getting delivery of goods

Ans. Yes, you will have to pay Withholding Tax 03% of the value of bid.

Q.15. How can I get sales tax input adjustment on the purchases made from Customs Auction?

Ans. The delivery order issued by the Customs department will serve as Invoice and sales tax input adjustment could be claimed on its basis.

Q.16. I have been issued delivery order from Custom. How much time do I have to take delivery of goods.

Ans. Delivery Order will be shown to the Custodian of the goods (port authorities or bonded ware house) who will allow delivery immediately.

Q.17. What are formalities for taking delivery from port and from bonded warehouses?

Ans. Delivery of auctioned lot is supervised by a Custom officer.

Q.18. Shall I have to pay port storage charges or warehouse charges on the goods?

Ans. The bidder has to pay nothing except the bid amount and withholding tax 3% of the bid amount.