Import of Luxury cars

In a significant move under the Finance Act 2025, the Government of Pakistan has revised the import duties on vehicles ranging from SUVs like LC300, LC200, LX570 and LX600 to high-end luxury cars, bringing…

Currently, the biggest issue the Pakistan auto industry faces is the scarcity of the US dollar. Due to this problem, the State Bank of Pakistan (SBP) is not issuing LCs to car companies to import CKD kits.…