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Browsing Tag
spare parts
The auto industry has demanded the abolishment of Additional Customs Duty (ACD) on the import of spare parts in Pakistan in the upcoming budget. Currently, the industry is paying 7% ACD on this import.…
Federal Board of Revenue scrapes customs duty on auto parts
The Federal Board of Revenue (FBR) has scrapped the additional 2% duty on almost 200 items including auto parts, reports a local media outlet.
As per details, the authority has issued a notification in this…
Two Auto-Parts Manufacturers Arrested in Lahore
Earlier today sources have reported the arrest of two auto-parts manufacturers by FIA. The agency conducted raids at two factories and arrested their owners for alleged involvement in the manufacturing of…
More than 80% of auto parts and automotive components sold are fake or illegal
Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has estimated the value of fake and illegal automotive spare parts in the after-market at Rs. 22 -25 billion.
Despite many…
A View on Pakistan’s Automotive Industry
The advent of automobiles changed the landscape of transportation forever. The unprecedented developments in automotive engineering pave the way for one of the most dominating industry in the world having…
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