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Browsing Tag
Car Import
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…
“No More Import of CBU Cars” – Shaukat Tarin
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…
How Car Import Dropped From $141M to $1.6M
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 Whole Car Import Policy Should Be Revised” – Chairman Dealers Association
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…
Duty-Free Car Imports for “Tourists” for 6 Months? REALLY?
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…
FBR Allows Duty-Free Imports of Electric 2-3 Wheelers
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…
194% Increase In Auto Import Bill For July-December 2020
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,…
Delay In EV Ordinance Puts Car Importers In Trouble
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…
Hurdle in Car import for Overseas Pakistanis Removed!
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…
Car importers permitted to pay surplus duties in local currency
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…
Should Government of Pakistan Allow Car Imports?
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…
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