AUCTION OF GOODS LYING AT PORTS

Government of Pakistan

Customs Collectorate (Appraisement)

Custom House, Karachi.

No. SI/MISC/268/2001-AIB                                                    Dated: 17.11.2001

PUBLIC NOTICE NO. 16/2001-(A)

Subject:       PAYMENT OF BALANCE AMOUNT OF SALE PROCEEDS OF THE OWNER OF THE AUCTIONED GOODS IN TERMS OF SUB-SECTION (3) OF SECTION 201 OF THE CUSTOMS ACT, 1969.

            In order to streamline the procedure regarding disbursement of sale proceeds among the actual owner as required under Section 201 of the Customs Act, 1969 and to make the system more transparent following procedure is hereby ordered to be followed by the concerned:

1.    PRE-REQUISITES FOR FILING OF CLAIMS FOR SALE PROCEEDS OF AUCTIONED GOODS.

2.     

a)            It shall be ensured by all concerned that claim for payments of sales proceeds filed by the owner of the auctioned goods is within the statutory limit of six months as provided under section 201 (3) of the Customs Act, 1969;

b)            The claimant shall submit following documents alongwith the application for sale proceeds:-

(i)        Certified copy of N.I.C.; NTN Certificate alongwith Registration Certificate, issued by the CCI&E (Chief Collector of Imports & Exports) or by the EPB (Export Promotion Bureau);

(ii)          Original Delivery Order from shipping Company;

(iii)         Original/Certified copy of letter of Credit issued payment, the documentary proof thereof;

(iv)         Original Bill of Lading; proceeds.

(v)          After sanction of the claim, the case file will be forwarded to the Audit Section of the Appraisement Collectorate for pre-audit. 

3.            Pre-Audit of the Sale Proceeds Claim.

            In addition to the above procedure the Audit Section shall re-examine all the aspects pertaining to admissibility of claim before the file is forwarded to Superintendent (Accounts Section) by the Appraising/Deputy Collector, Audit Section of issuance of the cheque of sanctioned amount. 

4.         Issuance of Cheque by the Account Section.

            After receipt of the claim file in Account Section from Audit Section the Superintendent (Account Section) will issue the cheque to the actual owner of the auctioned goods on the address as indicated in the file through authorized Courier Service and the relevant file is to be returned to the Auction Section. No cheque shall be delivered by hand. The Chief Accounts Officer may, however, ensure that the envelop/cover containing the cheque is properly addressed to the actual owner before it is handled over to the Courier Service

Signed by

(Shahid Ahmed)

Collector

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