He can gift only one new car or upto two years old car during the last two years of stay abroad to a family member. The family member means father, mother, wife and children above 18 years of age provided he has been residing abroad for more than 23 months and not visited Pakistan for more than 30 days during the last six months from the date of gifting the car.
For gifting a car he has to directly approach the Embassy / Consulate of Pakistan at his place of residence abroad for obtaining "Gift certificate" and "Earning certificate" and after obtaining both certificates he should get attested the photocopy of his passport. He can then gift the vehicle. After gifting the vehicle relevant documents.
Example: gift undertaking, earning certificate, attested copy of passport, bill off lading and invoice be forwarded to the giftee.
The giftee on receipt of documents himself or in case of ladies through their attorney should present the above mentioned documents alongwith original NIC to the office of IP Cell in the concerned Custom House, for clearance of vehicle.
The staff posted in IP Cell after scrutiny of the documents will issue import authorization with approval of the Deputy Collector /Assistant Collector incharge and hand over the import authorization and original gift documents to the giftee.
The giftee after obtaining the import authorization will file bill of entry through customs authorized clearing agent for clearance of vehicle and the vehicle will be released on payment of duty and other taxes assessed by Customs.
These Excise Duties and Taxes you have to pay for sure which is as follow:
Sales Tax: 15%
Income Tax: 05%
Special Federal Excise Duty: 01%
Custom Duty: Don't know on Gifted Car
