Public Auction: 442 Cut-Wood Pieces at Military Estates Section, Sialkot Cantt – Auction 2026-06-23
Public Auction · Sialkot Cantt · The News International,
Notice advertisement published in The News International on Tuesday, 2 June 2026, listed under Sialkot Cantt. The last date printed on the advertisement was Tuesday, 23 June 2026 and has passed.
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Military Estates Officer, Gujranwala Circle, invites public bids for 442 cut-wood pieces of various tree species standing at the Military Estates Section, Sialkot Cantt. The open public auction will be held on 2026-06-23 at 11:00 hours in the office of the Military Estates Section, Gujranwala Cantt. If the auction is not conducted or a valid bid is not received, re-auctions are scheduled for 2026-06-24 and 2026-06-25 at 11:00 hours.
| Issuer | Military Estates Officer, Gujranwala Circle |
|---|---|
| Item | 442 cut-wood pieces of different kinds of trees (Sialkot Cantt) |
| Auction date & time | 2026-06-23 at 11:00 hrs (re-auctions: 2026-06-24 & 2026-06-25 at 11:00 hrs) |
| Location | Office of Military Estates Section, Sialkot Cantt / Gujranwala Cantt office |
| Token deposit | Rs. 200,000 required before the auction (mandatory to participate; returned to unsuccessful bidders) |
| Initial deposit by highest bidder | 25% (one-fourth) of bid amount to be deposited immediately; balance to be deposited within 7 days of receiving approval from competent authority |
| Taxes/levies at time of balance payment | Advance Income Tax: 10% of bid amount; General Sales Tax: 17% of bid amount (to be deposited with balance) |
| Forfeiture | If balance is not paid within prescribed period, the initial 25% deposit will be forfeited and lots will be re-auctioned at the bidder's risk and cost |
| Security & permit | Successful bidder must comply with office requirements (security/deposit and permit issuance) before timber removal; security may be forfeited for breach |
Other standard auction conditions apply: participation only with required token, successful bidder liable for any damage, removed timber must be taken within the prescribed period or will be forfeited to the government, and the office reserves the right to accept/reject bids without assigning reason. For further details and clarification contact the office of the Military Estates Officer, Gujranwala Circle during working hours before the auction date.
Published in The News International on Tuesday, 2 June 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.