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 »

Car imports fall sharply by 43pc on regulatory duty, currency devaluation

KARACHI: The import of used motor vehicles sharply decline by 43 percent during first half of current fiscal year owing to significant devaluation of local currency and imposition of regulatory duty.  ... Read more »

Ministry notifies forex condition on clearance of imported vehicles under concessionary scheme

ISLAMABAD: The ministry of commerce has issued a notification making it mandatory the clearance of new/used imported vehicles under concessionary schemes through payment in foreign exchange.       The ministry issued... Read more »

ECC approves clearance of imported vehicles on verified foreign currency payment

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved clearance of imported vehicles under different schemes only through payment in foreign exchange. Read more »