Car Import

After the auto industry in Pakistan has seen a dramatic rise in vehicle imports, leaving stakeholders debating the reasons behind this surge. Some attribute the spike to the influx of used cars, while others…

The Pakistani government is taking steps to address a loophole in the import of used vehicles. Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to tighten controls on used car…

After the local car industry observed a huge downturn in sales and car finance, the automakers have called the government to ease the import Embargo. In a letter written to the Ministry of Industries and…

So many things are wrong with the Pakistani automobile industry. And one of those things is the import of (Completely Built Units) CBU vehicles. The auto companies in Pakistan, especially the new entrants, are…

These days, the massive car import numbers are making headlines. Earlier, we heard that Pakistan had witnessed an all-time high import of vehicles in Fiscal Year 2021. Now, we have learned that the car import…

The months of June and July are crucial for the Pakistani automotive industry. The government is introducing the new budget and the new automotive development policy (ADP) for the next five years. Things are…

There are news circulating on social media and media outlets that Federal Board of Revenue (FBR) has issued notification to propose amendments in Customs Rules 2001. The reports have claimed that under the new…

The government of Pakistan has taken another step to promote electric vehicle technology in the country. The Federal Board of Revenue (FBR) has exempted Additional Customs Duty (ACD) on the import of electric…

After a series of COVID-19 lockdowns, Pakistani auto industry resumed its activities in July 2020. As soon as the local market went back on, there was a significant increase in the demand for cars. As a result,…

The federal government approved the EV Policy for 4-Wheelers on December 22, 2020. However, it’s been a month, and the policy is yet to be implemented. There is a delay in the issuance of an ordinance/SRO by…

The federal government has removed a major hurdle in the import of car for overseas Pakistanis. According to a notification by the Ministry of Commerce, the government has ended the condition of International…

In a bid to release the vehicles stuck at the Karachi port, the government has allowed the car importers to pay a surplus amount of duties in local currency. According to the details, there are a large…

A few days back, Competition Commission of Pakistan (CCP) came out with a report that imports should be allowed and age limit should also be increased to work as a disciplinary act to break the monopoly of…