GOVERNMENT OF PAKISTAN

MODEL CUSTOMS COLLECTORATE OF APPRAISEMENT,

 CUSTOM HOUSE, KARACHI. 

No. S-37-56-2004--ESTT(A)                                                           Dated:20.03.2013

OFFICE ORDER NO. 66/2013-ESTT(A) 

            In order to manage the receipt and safe custody of the financial instruments and securities in the WeBOC system, the following procedure shall be adopted:

i.          There will be a Securities Receiving Officer (WeBOC) for the purpose who shall, besides feeding of the relevant particulars of the securities in the relevant fields provided in the WeBOC system, maintain a separate manual register for the receipt of the securities and financial instruments such as Pay Orders, PDCs and Bank Guarantee etc, submitted through WeBOC. The relevant details pertaining to the financial securities such as name of the importer alongwith the NTN, name of the clearing agent, type of security, relevant IGM/Index Nos. GD number, serial number account involved shall be entered in the register on daily basis.

ii.        The securities received shall be forwarded to the Bank Guarantee Section on daily basis, where these shall be physically kept in custody. The securities shall be received and dispatched under proper acknowledgement the concerned PA/AO/EO as the case may be.

iii.       A daily statement reflecting the receipt and dispatch of the securities shall also be submitted to the DC (Bank Guarantees).The acknowledgement of receipt shall also be maintained by the Security Receiving Officer for the maintenance of record and reconciliation.

iv.         The officer shall also generate a monthly statement of all such securities that are nearing their expiry and submit the same to the DC (BG) for further necessary action as per the merits of the case(s).

3.         In case any clarification or guidance regarding the system is required the Official shall contact the DC (MIS-I) and shall act accordingly.

Signed by

(Faisal Khan)

Deputy Collector

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