Regulatory duty

In the recent fiscal budget 2024-25, the incumbent government made several amendments to tax charts, which in turn is now affecting the already vulnerable auto industry of Pakistan. Since the Finance Bill…

It’s been months, and the local car makers and vendors are crying over the increased influx of imported used cars in the local market. Days back, they complained and advised the incumbent government to maintain…

The expiration of the regulatory duty (RD) on vehicle imports in Pakistan has raised the question of whether it is the right time to buy a car. While hopes were high for a significant reduction in prices for…

After the expiration of SRO1571(I)/2022 on November 21, 2022, the Regulatory Duty (RD) on Electric Vehicles (EVs) has been removed. Henceforth Audi e-tron prices saw a considerable drop today. According to a…

The government is taking necessary steps to tackle the prevailing economic fuss. Depleting foreign reserves and financial issues urged the government to put a ban on importing non-essential luxury items.…

The government of Pakistan ended the import ban imposed on luxury and non-essential items with a signal of whooping increase in regulatory duty. And two days ago, we witnessed the same what was promised. The…

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…

The Federal Board of Revenue (FBR) has increased regulatory duty (RD) on imported vehicles above 1800cc from 10 to 20%. In a statutory regulatory order (S.R.O) 1265(1)/2018 issued by the authority on 16th…

Supreme Court of Pakistan (SC) shows discontent over high taxes on petroleum products in the country, reports a local media outlet. Since the beginning of 2018, the previous and the current interim…

Recently, the Sindh High Court has nullified the SRO 1035 (1) issued by the government of Pakistan and has ordered to revert back the Regulatory Duty on imported items as it was before. this decision came out…

Recently news regarding the FBR imposing duty on imported vehicles went viral in Pakistan. Top News Publications and Media houses gave the news that FBR has imposed UP to 60 percent regulatory duty on the…