Jul 20

Pakistan’s import of CBU motor cars surges by 21% in FY22

ISLAMABAD: The import of Completely Built Unit (CBU) motor cars into Pakistan has surged by 21 per cent in fiscal year 2021/2022. According to data released by Pakistan Bureau of Statistics (PBS) on Tuesday, the import of CBU motor cars increased to $310.41 million during fiscal year 2021/2022 as compared with $256.2 million in the […]

by Mrs. Anjum Shahnawaz

Pakistan allows conditional import of CBU vehicles

Jun 2

Automotive

Pakistan allows conditional import of CBU vehicles

ISLAMABAD: Pakistan has allowed conditional import of Completely Built Unit (CBU) motor vehicles, which have been banned through SRO 598(I)/2022. The country on May 19, 2022 banned import of luxury and non-essential items in order to save foreign exchange and support the local currency, which depreciated massively. READ MORE: Raw materials excluded from import banned […]

by Mrs. Anjum Shahnawaz

Customs Intelligence Karachi auctions imported vehicles on Jan 07

Jan 5

Auction, Automotive, Pakistan Customs

Customs Intelligence Karachi auctions imported vehicles on Jan 07

The Directorate of Customs Intelligence and Investigation Karachi has announced an upcoming auction of old and used imported vehicles scheduled for January 7, 2022.

by Faisal Shahnawaz

Customs duty collection from imported vehicles surges by 95%

Dec 27

Automotive, Pakistan Customs, Top stories

Customs duty collection from imported vehicles surges by 95%

Official data released on Monday indicates a remarkable upswing in the collection of customs duty from imported vehicles during the fiscal year 2020/2021, reflecting a staggering 95 percent growth, reaching Rs111 billion. This surge is in stark contrast to the Rs56.85 billion recorded in the preceding year.

by Mrs. Anjum Shahnawaz

Tarin assures car importers of maximum support

Dec 18

Automotive, Finance

Tarin assures car importers of maximum support

ISLAMABAD: Shaukat Tarin, Adviser to the Prime Minister on Finance and Revenue, on Friday assured an association of car dealers and importers of maximum support in resolving their issues. The adviser held a meeting with Mian Shoaib Ahmed, Chairman All Pakistan Car Dealers and Importers Association (APDA) at Finance Division. READ MORE: Prudent reforms helped […]

by Mrs. Anjum Shahnawaz

Pakistan Customs auctions imported vehicles on Dec 14

Dec 11

Auction, Automotive, Pakistan Customs

Pakistan Customs auctions imported vehicles on Dec 14

KARACHI: Pakistan Customs has announced an auction of a huge lot of fresh and old imported motor vehicles on December 14, 2021 at Airport Road Quetta. The customs authorities will present following vehicles for the auction: 01. Honda Civic, Chassis No. FD3-1102984, Engine No. not traceable (N.T), Model 2006 02. Toyota Premio Car, Chassis No. […]

by Hamza Shahnawaz

Customs I&I to auction old, used vehicles on Nov 17

Nov 15

Auction, Automotive

Customs I&I to auction old, used vehicles on Nov 17

ISLAMABAD: Directorate General of Intelligence and Investigation (I&I) – Customs, Islamabad has announced to auction old and used importer motor vehicles on November 17, 2021, at State Warehouse G-12/4, Kashmir Highway, Islamabad. The directorate to hold the auction of the following imported motor vehicles: 01. Toyota Vitz Car, model 2008, chassis No. KSP90- 0039537, engine […]

by Faisal Shahnawaz

Nov 9

Auction

Customs I&I to auction of huge lots of vehicles on Nov 10

ISLAMABAD: Directorate of Customs Intelligence and Investigation (I&I), Quetta has announced auction of huge lots of fresh and leftover vehicles to be held on November 10, 2021 at State Warehouse, Aryana Street, Quetta. The directorate will present following imported vehicles for the auction: List of fresh lots – Vehicles 01 Toyota Land Cruiser Jeep Chassis […]

by Faisal Shahnawaz

Nov 2

Auction

Customs I&I to auction imported vehicles on November 5

KARACHI: The Directorate of Intelligence and Investigation (I&I) Customs, Karachi has announced the auction of old and used imported vehicles to be held on November 05, 2021. The directorate to auction the following used and old imported vehicles: 01. Mercedes Benz E-230 Car, Reg. No. AAJ-106, Model-1997 Chassis No. WDB2100372A189414 Color Grey 2294cc 02. BMW […]

by Hamza Shahnawaz

SBP prohibits bank loans for imported vehicles

Sep 23

Automotive, Money & Banking

SBP prohibits bank loans for imported vehicles

KARACHI: The State Bank of Pakistan (SBP) on Thursday amended regulations to prohibit financing for imported vehicles. “The changes in the PRs effectively prohibit financing for imported vehicles,” the SBP said in a statement. According to the statement, the SBP had revised Prudential Regulations (PRS) for Consumer Financing. This targeted step will help to moderate […]

by Mrs. Anjum Shahnawaz