Mongla Custom House Auctions Over 100 Imported Cars

Industry: Automobile, Logistics & Shipping, Shipping

Mongla Custom House is auctioning over 100 reconditioned cars and other goods that have remained uncleared at Mongla Port Jetty. The final auction catalog is available on the Custom House website. The initial tender period was July 18-21, but the deadline will be extended due to nationwide internet disruptions. Auctioned cars include various models from brands such as Toyota, Nissan, and Lexus, spanning years from 1993 to 2022. The auction also includes gas cylinders and other products.

Customs authorities regularly aucMongla Custom House is auctioning over 100 reconditioned cars and other goods that have remained uncleared at Mongla Port Jetty. The final auction catalog is available on the Custom House website. The initial tender period was July 18-21, but the deadline will be extended due to nationwide internet disruptions. Auctioned cars include various models from brands such as Toyota, Nissan, and Lexus, spanning years from 1993 to 2022. The auction also includes gas cylinders and other products.tion goods due to issues like duty evasion, false declarations, or failure to clear within the stipulated time. Despite 52% of Mongla Customs’ revenue coming from vehicle duties, prolonged port storage creates logistical issues. The reserve price, based on import value, must achieve at least 60% in bids. However, high reserve prices and frequent unsold auctions due to these regulations lead to space constraints and product deterioration, causing significant government revenue losses.

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