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The Punjab government has fetched a sizeable amount of over Rs 2.24 million through open auction of attractive registration marks of vehicles for LZZ series here Tuesday.
The auction took place at the office of Motor Registration Authority, Lahore under the supervision of Director Excise & Taxation Region-C, Lahore, and Superintendent, Excise & Taxation Department.
The highest bid of Rs 191,000/- was received for LZZ-1 while LZZ-777 was sold at Rs 26,000.
The sources claimed that wide publicity was arranged throughout the provincial metropolis before holding open auction of 136 attractive numbers of LZZ series.
The provincial government is fetching millions of rupees through open auction of attractive registration marks for which credit goes to Secretary Excise & Taxation, Punjab and his team, who ensured transparency and openness in the auction process.

Copyright Business Recorder, 2005

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