ISLAMABAD, May 4: The CBR has allowed exemption of duty and taxes on vehicles’ imported by diplomatic representatives, missions at the state of the disposal.
The decision was taken through a customs notification vide SRO342 by amending the SRO577 of 2006.
Earlier, the mission could not claim any duty concession on disposal or import of old cars as was allowed to other overseas Pakistanis.
According to amendments in the notification, provided that in case of used vehicles following rates of duty and other taxes shall be applicable, namely: Vehicles five year old at the time of import, 50 per cent reduction in duty and other taxes and vehicles over 10 years old at the time of import, 75 per cent reduction in duty and other taxes.— Reporter
islamabad, may 4: the cbr has allowed exemption of duty and taxes on vehicles’ imported by diplomatic representatives, mis- sions at the state of the disposal. the decision was taken through a customs notification vide sro342 by amending the sro577 of 2006. earlier, the mission could not claim any duty concession on dis- posal or import of old cars as was allowed to other overseas pakistanis. according to amendments in the notification, provided that in case of used vehicles following rates of duty and other taxes shall be applicable, namely: vehicles five year old at the time of im- port, 50 per cent reduction in du- ty and other taxes and vehicles over 10 years old at the time of import, 75 per cent reduction in duty and other taxes.— reporter