GOVERNMENT OF PAKISTAN
(CENTRAL BOARD OF REVENUE)
C. No. 2(10)Tar-II/97-Pt.II Islamabad, the 31st August, 2004
CUSTOMS GENERAL ORDER NO. 10/2004
Subject: PAYMENT OF DUTIES AND TAXES IN PAK RUPEES ON IMPORT OF VEHICLES.
In order to facilitate the importers of vehicles and to mitigate the discretionary powers of the customs functionaries, the Central Board of Revenue is pleased to prescribe the following procedure and amount of duties and taxes in Pak rupees equivalent to amount of duties and taxes shown in US $ against each vehicle below.
- The amount of customs duties, sales tax, withholding tax and CVT as worked out on current rates and payable by the importers of following vehicles shall correspond to the following prescribed scales:-
Duty and taxes in Us $ or equivalent amount in Pak rupees
Upto 800 CC
50% ad val.
From 801CC to 1000
50% ad val.
From 1001CC to 1300
50% ad val.
From 1301 CC to 1600
70% ad val.
From 1601 CC to 1800CC
80% ad val.
- The amount of customs duties, sales tax, withholding tax and CVT on vehicles above 1800cc shall be worked out as under:-
(i) The FOB value certified by the manufacturer or his authorized local agent for a particular vehicle at the time of its manufacture shall be accepted.
(ii) In case the vehicle is of domestic model, and the FOB value is not provided by the manufacturer, the FOB value certified by manufacturer or his authorized agent for export model may be inflated as per prevalent practice.
(iii) The local agent commission and other incidental charges if any shall be added in the ascertained FOB value if not already included in the price certified by manufacturer or his authorized local agent.
(iv) Landing charges @ 1% of the sum total of CIF value shall be added to arrive at the assessable value.
(v) Actual amount of insurance from country of manufacture of first registration shall be added in the ascertained value. In case of non-availability of insurance memo for any reason, insurance amount as per existing practice shall be included in FOB value.
(vi) The actual amount of ocean/air fright etc as calculated from the country of original manufacture shall be added for the purpose of ascertaining CIF value of the imported vehicle.
(vii) Customs duties and taxes shall be worked out on the basis of prescribed rates at the time of filing of the goods declaration (GD).
(viii) The value of optional/additional accessories shall be included in the value of the vehicle and shall be subject to the rate of duty applicable to the vehicle in which the accessories are fitted.
Depreciation in the duties and taxes shall be allowed on the import of used/second hand vehicles at the rate of 1% for vehicles upto 1800 CC for each completed month calculated from the date of first registration abroad upto the date of entry into Pakistan subject o the maximum of 50%. Whereas in the case of vehicles above 1800 CC, the depreciation shall be allowed at the rate of 2% per month subject to a maximum of 50%.
This order is made effective from 09.07.2004 in super session of Customs General Order No.6/2004 dated 09.07.2004.
Secretary (Customs Tariff)