Import of used cars plunges by 77% in seven months

KARACHI: The import of used and old cars plunged by 77 percent during first seven months (July-January) of 2019/2020 due to condition of payment of duty and taxes through foreign exchange imposed... Read more »

Car import plunges by 80% in July-December

KARACHI: The import of motor cars in completely built unit (CBU) condition fell by 80 percent due to deterrence created against misuse of facility. Read more »

Amended payment procedure for imported vehicles issued

ISLAMABAD: The ministry of commerce has issued notification to implement amendment payment procedure for customs clearance of imported motor vehicles. Read more »

Customs Intelligence announces auction of non-duty paid vehicles on December 26

ISLAMABAD: Directorate of Customs Intelligence and Investigation, Rawalpindi has announced auction of confiscated non-duty paid vehicles on December 26, 2019 at State Warehouse. Read more »

Cars import falls by 81pc during July – November

ISLAMABAD: The import of imported cars has sharply fell by 81 percent during July – November of 2019/2020 owing to restriction imposed by the government for customs clearance through payment in foreign... Read more »

Pakistan spends $531 million on vehicle import in four months: State Bank

KARACHI: The import of vehicles dropped by 32 percent to $531.53 million dollars during July – October of current fiscal year as compared with $780.57 million in the same period of the... Read more »

Import of used vehicles: changes to payment of duty, taxes approved

ISLAMABAD: The government has approved changes to payment of duty and taxes system for clearance of used vehicles, which are allowed to import under three different schemes. Read more »

Tourists allowed temporary import of vehicles

KARACHI: Tourists visiting Pakistan are allowed to import vehicles temporarily with certain conditions under Customs Rules 2001. Read more »

Overseas Pakistanis can bring vehicles under three schemes

KARACHI: Pakistani nationals residing abroad including dual nationals can import old and used vehicles into Pakistan under three different schemes. Read more »

Car imports fall sharply by 85 percent in first two months

KARACHI: The import of old and use cars sharply fell by 85 percent during first two months of current fiscal year owing to payment restriction imposed for customs clearance. Read more »

MCC Appraisement West announces auction of old, fresh vehicles on Sept 16

KARACHI: Model Customs Collectorate (MCC) Appraisement West announced auction of used vehicles on September 16, 2019 to be held at Al-Hamd International Container Terminal (AICT). Read more »

FBR revises additional customs duty on components for motor vehicles

ISLAMABAD: Federal Board of Revenue (FBR) has revised additional customs duty on import of components for motor vehicles. Read more »