Amendment in Chapter V (Auction Rules) of the Customs Rules- Auction of Un-manifested Board Sweeping and Shipborne Scrap

Government of Pakistan (Revenue Division) Federal Board of Revenue Islamabad, the l3rh FebruarY, 2026. NOTIFICATION S.R.O. 280 (l)12026.- [n exercise of the powers conferred by section 219 of the Customs Act,l969(IVofl969),section50oftheSalesTaxAct,lgg0,section40oftheFederalExcise (XLIX of200l), the Federal BoardAct,2005 and section 237 of thelncome Tax Ordinance, 2001 of Revenue is pleased to direct that the following further amendment shall be made in the customs (3A) of the said section, were previouslyRules,200l, which, as required under sub-section published vide Notification No.S.R.O. 227(l)12026, dated the 3'd February, 2026, namely- IntheaforesaidRules,inChapterV(Auction),afterruleTl,thefollowingnewruleshalI be inserted, namely:- "71A. Auction of un-manifested board sweepings and shipborne scrap'- Notwithstanding the provisions of this chapter, the auction of un-manifested lots of board sweepings of ships comprising iron or steel lashings scarp, wire rope scrap' broken pallets' wooden scrap and other remnants of the conveyance ofgoods meant for packing and holding the containers or loose cargo on board, shall be conducted by the Terminal operators or custodians. The Reserve Price ofthe lots shall be determined by the Customs authorities and the total auction proceeds including all applicable duty and taxes shall be deposited in the Govemment treasury in accordance with the provisions of section 201 of the customs Act, 1969 (lV of 1969), prior to delivery ofthe lots. The Terminal operator shall submit monthly report reconciling the details of auctioned lots and corresponding revenue deposited in Government treasury thereof'" IC.No.2(s)L&P/2026)] (Zubair Shah) Secretary (Law & Procedure)