CBUs

And we are with another news, not a good one though, the government has also increased Federal Excise Duty (FED) on CBUs/imported cars. Earlier, the ruling party increased the FED on locally assembled cars…

Continuing its policy of imposing new taxes on the auto industry, the Economic Coordination Committee (ECC) of the cabinet has approved massive Regulatory Duty (RD) hikes on CBU units of Electric Vehicles…