Imported Vehicles Likely to Cost More After New FBR Valuation Rules

By Waleeja Khan ⏐ 1 week ago ⏐ Newspaper Icon 2 min read

In a significant policy shift, the Federal Board of Revenue (FBR) has revised the mechanism used to determine the customs value of imported vehicles, a…

Pakistan Targets $9 Billion Savings with New Taxes on Imported EVs

By Muhammad Haaris ⏐ 1 month ago ⏐ Newspaper Icon 2 min read

The federal government is set to impose new taxes on imported electric vehicles (EVs). This strategic move aims to reduce the transport sector’s import bill…

Imported Used Cars Cost Pakistan’s Auto-Parts Industry Up to Rs60 Billion Annually

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon 2 min read

Pakistan’s auto-parts sector is facing significant losses due to imported used cars, with annual damages estimated between Rs48–60 billion, according to the Pakistan Association of…

Govt Mulls Import of 5-Year-Old Used Vehicles Under IMF-Driven Reforms

By Manik Aftab ⏐ 9 months ago ⏐ Newspaper Icon 2 min read

ISLAMABAD: The federal government is considering the import of 5-year-old used vehicles in Pakistan as part of a broader reform agenda influenced by the International…

Government Imposes Upto 500% Additional Taxes On imported Cars

By Senoria Khursheed ⏐ 3 years ago ⏐ Newspaper Icon 3 min read

Islamabad: The Government of Pakistan has increased taxes on imported cars by Upto 500%. The action has been taken to preserve the domestic auto industry…

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Motor vehicle imports rise by 194 percent in the first half of FY21

By Talha Ikram ⏐ 5 years ago ⏐ Newspaper Icon 2 min read

The import bill of Completely Built-Up (CBU) vehicles has risen by 193.7 percent in the first half of the Fiscal Year 2020-21 (FY21). The import…

Japan to take stern action against the illegal trade of imported cars in Pakistan

By Hamza Zakir ⏐ 5 years ago ⏐ Newspaper Icon 2 min read

Japan has had it with the illegal trade of its cars in Pakistan. According to an official statement released by the Pakistani Embassy in Tokyo,…

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