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 »

Payment for clearance of imported vehicles facilitated

KARACHI: Imported vehicles can be cleared at customs stage by paying duty and taxes through foreign remittances received in the account of family members of sender. Read more »

Ministry opposes suggestions to allow commercial import of used cars

ISLAMABAD: The ministry of industries and production has opposed the suggestions to allow commercial import of used and old motor cars into Pakistan. Read more »

Car imports massively fall by 45pc in 10 months on restriction of duty, tax payment through foreign remittances

KARACHI: The import of motor cars sharply declined by 45 percent during first ten months of current fiscal year owing to restriction imposed of duty and tax payment through foreign currency account... Read more »

Car import plunges by 80 percent on payment in foreign exchange condition

KARACHI: The import of completely built unit (CBU) cars has sharply declined by 80 percent in March 2019 owing to mandatory requirement of paying duty and taxes through foreign exchange. Read more »

Import of used motor cars decline by 36 percent in seven months

KARACHI: The import of completely built unit (CBU) motor cars has sharply declined by 36 percent owing to restriction imposed on non-filers of income tax return filers, according to data released by... Read more »