The Federal Board of Revenue (FBR) has introduced a procedure for auctioning goods seized by Customs authorities. Items included in the auction will be made available for inspection by bidders according to a timeline approved by the relevant collector before the bidding date.
The Federal Board of Revenue (FBR) has issued a notification introducing further amendments to the Customs Rules, 2001. It states that items included in the auction will be available for inspection by bidders according to the timeline approved by the relevant collector before the bidding date, while the successful bidder will submit an affidavit confirming that they have inspected the items for which they placed bids.
For this purpose, a prescribed form has also been introduced in Appendix A. Furthermore, any bidder affected by a collector’s decision may file an appeal before the relevant chief collector within 15 days of the decision.
The chief collector will decide the appeal within 60 days of its filing after providing the concerned party an opportunity to be heard.
The FBR made these amendments by exercising powers granted under the Customs Act, 1969, the Sales Tax Act, 1990, the Federal Excise Act, 2005, and the Income Tax Ordinance, 2001. The amendments were initially published through SRO 1158(1)/2026 dated September 10, 2026, and have now been further amended through SRO 1631(1)/2026.
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