Auction: Defence Stores — Heavy Industries Taxila (HIT), Taxila Cantonment — 07 Oct 2026
Auction · Taxila Cantt (Taxila) · The Express Tribune,
Notice advertisement published in The Express Tribune on Sunday, 20 September 2026, listed under Taxila Cantt (Taxila). The last date printed on the advertisement was Wednesday, 7 October 2026 and has passed.
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Heavy Industries Taxila (HIT), Taxila Cantt, invites sealed/open bids for the auction of Defence Stores. Interested bidders should note inspection dates, deposit requirements, and removal obligations as listed below.
| Issuer | Heavy Industries Taxila (HIT), Taxila Cantonment |
|---|---|
| Items | Defence Stores (details available on HIT website) |
| Inspection Period | 02 Oct 2026 to 06 Oct 2026 during office hours (0800–1600) |
| Auction Date & Time | 2026-10-07 at 08:00 AM |
| Deposit Requirement | Successful bidders to deposit 25% of bid amount in cash at time of bidding |
| Balance & Taxes | Remaining 75% plus General Sales Tax and Income Tax and other applicable government taxes to be paid within 10 days of bidding |
| Default | If balance is not deposited within 10 days, sale will be cancelled, and the initial 25% deposit will be forfeited |
| Removal | Successful bidders must remove scrap at their own expense within 15 days of receipt of acceptance notice; packing, loading and demilitarisation costs borne by purchaser |
| Entry Requirements | Entry to HIT via Gate No. 5; valid Computerized National Identity Card (CNIC) must be produced |
| More Information | Details available on HIT official website |
Prospective bidders should attend inspection within the given dates and be prepared to deposit the required 25% in cash at auction. Ensure compliance with tax and removal obligations if declared the successful bidder.
Published in The Express Tribune on Sunday, 20 September 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.