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  • FBR updates rates of duty, tax on import of vehicles

    FBR updates rates of duty, tax on import of vehicles

    ISLAMABAD: Federal Board of Revenue (FBR) has issued updated rates of duty and tax for customs clearance of imported vehicle.

    The Federal Government of Pakistan has extended various benefits / exemptions to the taxpayers for importing vehicles, according to updated rates up to June 30, 2020.

    The details concessions / exemptions are given as under:-

    i. S.R.O. 577(I)/2005 Dated 06.06.2005 (Exemption from customs duty, sales tax, withholding tax on import of certain specified Old and used automotive vehicles)

    The import of old and used automotive vehicles of Asian makes meant for transport of persons, specified in column (2) of the Table below, falling under PCT heading No. 87.03 of the First Schedule to the Customs Act, 1969 (IV of 1969), is exempted from so much of the customs-duty, sales tax and withholding tax as are in excess of the cumulative amount specified in column (3) thereof,

    Sr. NoAutomotive vehicles of Asian makes meant for transport of persons.Duty and taxes in US$ or equivalent amount in Pak rupees.
    (1)(2)(3)
    1Up to 800ccUS$4800
    2Up to 801-1000ccUS$6000
    3From 1001 – 1300ccUS$13200
    4From 1301 – 1500ccUS$18590
    5From 1501 – 1600ccUS$22550
    6From 1601 – 1800cc (Excluding Jeeps)US$27940

    It is relevant to mention that the Federal Government has fixed the leviable duty and taxes of automotive vehicles of Asian makes meant for transport of persons as discussed above irrespective of their physical condition. The Customs officers do not have any discretionary power to increase / decrease the leviable duties / taxes, the FBR said.

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    Guidelines for vehicle import into Pakistan
  • Car import surges by 194 percent in five months

    Car import surges by 194 percent in five months

    ISLAMABAD: The Import of motor cars in Completely Built Unit (CBU) has surged by 194 percent during the first five months (July – November) of the current fiscal year owing to ease in travel restrictions that were imposed due to the coronavirus pandemic.

    According to the Pakistan Bureau of Statistics (PBS), the import of cars increased to $77 million during the first five months of the current fiscal year as compared with $26.13 million in the same period of the last fiscal year.

    As per import policy of Pakistan every person can bring a new motor car by paying prevailing rate of duty and taxes. However, the commercial import of motor cars is not allowed.

    The import of used cars are allowed under various schemes to facilitate Pakistanis living abroad. The overseas Pakistanis can bring motor cars under personal baggage, transfer of resident or gift schemes.

    New vehicles can be imported into Pakistan freely by any one against payment of duty & taxes under generally applicable import procedures and requirements.

    Officials in Pakistan Customs said that Pakistani nationals residing abroad including dual nationals can import old and used vehicles into Pakistan under the following 03 schemes: Personal Baggage; Gift Scheme; Transfer of Residence.

    Cars not older than 03 years and other vehicles not older than 05 years can be imported under these schemes.

    The structure of duty and taxes under these 03 schemes remains the same. Motorcycles and Scooters can only be imported under Transfer of Residence Scheme.

    Students receiving remittance from Pakistan, non-earning members of the Pakistani nationals living abroad and those who have imported, gifted or received a vehicle in the past two years are not eligible.

    The customs authorities said that all vehicles in new/used condition to be imported under transfer of residence, personal baggage or under gift scheme, the duty and taxes shall be paid out of foreign exchange arranged by Pakistan nationals themselves or local recipient supported by bank enchashment certificate showing conversion of foreign remittance to local currency, as under:

    a. the remittance for payment of duty and taxes shall originate from the account of Pakistani national sending the vehicle from abroad; and

    b. the remittance shall either be received in account of Pakistani national sending the vehicle from abroad or, in case, his account is non-existent or inoperative, in the account of his family.

  • Guidelines for vehicle import into Pakistan

    Guidelines for vehicle import into Pakistan

    KARACHI: Pakistan Customs has issued updated taxpayers’ facilitation guide for import of vehicles under various schemes.

    Vehicles classifiable under HS Chapter 87 are importable under various schemes. The law of land caters for import of both new and used vehicles under stipulations of Import Policy.

    1). Import of New Vehicles:

    New vehicles are importable into Pakistan freely by any one against payment of leviable duties & taxes under existing import procedures and requirements laid down in Import Policy Order and Customs law.

    2). Import of vehicles under Personal Baggage, Transfer of residence and

    Gift Schemes:

    The used vehicles are not importable into Pakistan in normal course of import procedure. The law, however, provides an exception in this regard and used vehicles can be imported by overseas Pakistanis under the following three schemes in terms of Appendix-E of Import Policy Order 2016:

    – Personal Baggage

    – Gift Scheme

    – Transfer of Residence

    The terms and conditions applicable for the import of vehicles under the above mentioned three schemes are tabled below:

    Import eligibility

    • Importable only by Pakistani national as defined in the Import Policy Order i.e. “citizen of Pakistan residing abroad and includes a person having dual nationality, and a foreign national of indo-Pakistan origin holding Pakistani origin card”. The said distinction of ‘citizen’ does not cover minors i.e under eighteen years of age.

    • The vehicle can be imported once in two years (700 days calculated from the date on which Goods Declaration was filed for the last import under the Import Policy Order).

    Type of vehicle which can be imported

    Transfer of Residence Scheme

    Passenger car, bus, van, trucks, pick-ups including 4×4 vehicles, agriculture tractors, bulldozers, laser land levelers, combined harvesters and motorcycles or scooter.

    Gift Scheme

    Passenger car, bus, van, trucks, pick-ups including 4×4 vehicles, agriculture tractors, bulldozers, laser land levelers and combined harvesters

    Personal Baggage Scheme

    Passenger car, bus, van, trucks, pick-ups including 4×4 vehicles, agriculture tractors, bulldozers, laser land levelers and combined harvesters.

    Age of vehicles which can be imported

    Cars not more than three years old (since year of manufacturing) and other Vehicles not more than five years old (since year of manufacturing).

    Required period of stay of Passenger out-side Pakistan

    Transfer of Residence Scheme

    A minimum of 700 days stay out-side Pakistan during the past three years

    Gift Scheme

    A minimum of 700 days stay out-side Pakistan during the past three years

    Personal Baggage Scheme

    A minimum of 180 days stay out-side Pakistan during the last seven months preceding the date of application

    Donee (To whom the vehicle can be gifted)

    Gift Scheme

    A family member normally resident in Pakistan. “Family” means parents, sister, brother, husband, wife and children whether married or not, but excluding children under eighteen years of age.

    Documents required

    Transfer of Residence Scheme

    • Goods Declaration

    • Export Certificate

    • Purchase receipt of the vehicle

    • Bill of lading dated not later than 120 days from date of arrival in Pakistan of the applicant

    • Attested photo copy of passport or Pakistan Origin Card (Original will be required at the time of clearance)

    Gift Scheme

    • Goods Declaration

    • Export Certificate

    • Purchase receipt of the vehicle

    • Bill of lading showing name and address of the consignee

    • Attested photo copy of the passport or Pakistan origin card

    • CNIC of the done

    Personal Baggage Scheme

    • Goods Declaration

    • Export Certificate

    • Purchase receipt of the vehicle

    • Bill of lading, dated not later than 120 days from the date of arrival in Pakistan of the applicant

    • Attested photo copy of the passport or Pakistan Origin Card (Original will be required at the time of clearance)

    Condition of payment of duty and taxes out of foreign remittances as per SRO 52(I)/2019 dated 15.01.2019 issued by Ministry of Commerce and Textile, Islamabad

    All vehicles in new/used condition to be imported under transfer of residence, personal baggage or under gift scheme, the duty and taxes shall be paid out of foreign exchange arranged by Pakistan nationals themselves or local recipient supported by bank encashment certificate showing conversion of foreign remittance to local currency, as under;

    a) the remittance for payment of duties and taxes shall originate from the account of Pakistani national sending the vehicle from abroad: and

    b) the remittance shall either be received in the account of Pakistani national sending the vehicle from abroad or, in case, his account is nonexistent or inoperative, in the account of his Family.”

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    FBR updates rates of duty, tax on import of vehicles
  • MCC Islamabad announces auction of imported vehicles on Dec 16

    MCC Islamabad announces auction of imported vehicles on Dec 16

    ISLAMABAD: Model Customs Collectorate (MCC) Islamabad announced auction of confiscated vehicles and vehicles of PM’s House to be held on December 16, 2020 at State Warehouse of the collectorate.

    Following confiscated vehicles to be presented for the auction:

    01. Ambulance, Model 2004, Reg. No. P-137DJW, Chassis No. VF1FB30AH14443523

    02. Nissan X-Trail Comfort, Model 2004, Reg. No. AD-22-37, Chassis No. JNITENT30Z0005883

    03. Toyota Hilux Double Cabin, Model 2001, Reg. No. X-68-3207, Chassis No. JTFDE626-X00073262

    04. Toyota Hilux, Model 1998, Reg. No. X-68-3053, Chassis No. LN166-0010333

    05. Toyota Hilux Pickup, Model 1999, Reg. No. X-68-3046, Chassis No. LN166-0025730

    06. Toyota Land Cruiser, Model 2001, Reg. No. X-68-3211, Chassis No. JTEBE91J-600013045

    07. Toyota Hilux, Model 1999, Reg. No. X-68-3045, Chassis No. LN166-0025725

    08. Toyota Land Cruiser Station Wagon, Model 1998, Reg. No. X-68-3051, Chassis No. JT711PJA507008050

    09. Toyota Crown Car, Model 2014, Reg. No. AGA-992, Chassis No. AWS210-6080692

    10. Toyota Land Cruiser Prado, Model 2005, Reg. No. LEF-07-7667, Chassis No. VZJ120-0010933

    11. Toyota Vitz Car, Model 2010, Reg. No. ZT-982-ICT, Chassis No. SCP90-5176119

    12. Toyota Mark-X, Model 2006, Reg. No. BS-990, Chassis No. GRX120-0065268

    13. Toyota Mark-X, Model 2006, Reg. No. CJ-466, Chassis No. GRX120-0054307

    14. Toyota Axio Car, Model 2007, Reg. No. AYN-376, Chassis No. ZRE142-6009719

    15. Toyota Mark-X, Model 2005, Reg. No. ARM-777, Chassis No. GRX120-0032030

    16. Toyota Prado TZ, Model 2003, Reg. No. ADL-364, Chassis No. VZJ121-0005538

    17. Toyota Land Cruiser, Model 2003, Reg. No. SY-136, Chassis No. VZJ121-0006183

    18. Toyota Hilux, Model 1999, Reg. No. AJKE-3, Chassis No. LN167-0017987

    19. Toyota Premio Car, Model 2007, Reg. No. AYQ-866, Chassis No. ZRT260-3012620

    20. Toyota Corona Car, Model 1996, Reg. No. QL-909, Chassis No. AT211-0003341

    21. Toyota Prado (TX), Model 2003, Reg. No. BD-2464, Chassis No. VZJ120-0003813

    22. Toyota Hilux Surf, Model 2005, Reg. No. BD-5379, Chassis No. VZN215-0007535

    23. Toyota Vitz Car, Model 2004, Reg. No. LE-20-320, Chassis No. SCP13-0041072

    24. Honda Civic Car, Model 2006, Reg. No. SV-002, Chassis No. FD3-1003719

    25. Toyota Corolla Car, Model 2004, Reg. No. BS-334, Chassis No. NZE121-3349196

    26. Toyota Suceed Car, Model 2005, Reg. No. WD-195, Chassis No. NCP51-0088584

    27. Toyota Vitz Car, Model 2001, Reg. No. ASF-433, Chassis No. NCP10-0143239

    28. Toyota Land Criuser, Model 1999, Reg. No. UN-68-652, Chassis No. JT711PJA507515993

    29. Nissan Double Cabin, Model 2001, Reg. No. X-68-1359, Chassis No. JN1CJUD22Z0023936

    30. Nissan Double Cabin, Model 2001, Reg. No. X-68-1366, Chassis No. JN1CJUD22Z0023946

    31. Toyota Hilux Double Cabin, Model 2001, Reg. No. X-68-1366, Chassis No. JTFDE626X00106955

    32. Toyota Hilux Double Cabin, Model 2004, Reg. No. X-68-3408, Chassis No. JTFDE626200118937

    33. Station Wagon, Model 1998, Reg. No. UN-68-596, Chassis No. JT711PJA507002312

    34. Station Wagon, Model 1999, Reg. No. UN-68-79, Chassis No. JT711PJA507009432

    35. Toyota Hilux Double Cabin, Model 2004, Reg. No. X-68-3405, Chassis No. JTFDE626100119464

    36. Toyota Hilux Double Cabin, Model 1999, Reg. No. X-68-3031, Chassis No. LN1660025751

    37. Toyota Hilux Double Cabin, Model 1999, Reg. No. X-68-3034, Chassis No. LN1660025766

    38. Nissan Pickup Double Cabin, Model 2006, Reg. No. X-68-3675, Chassis No. JN1CJUD22Z0079080

    39. Nissan Pickup Double Cabin, Model 2006, Reg. No. X-68-3685, Chassis No. JN1CJUD22Z0079243

    40. Toyota Pickup Double Cabin, Model 2005, Reg. No. X-68-3512, Chassis No. JTFDE626300149923

    LIST OF PM’S HOUSE VEHICLES FOR AUCTION HELD ON December 16, 2020

    1. BMW Car 760 U, Model 2014, Reg. No. -, Chassis No. CH-WBAHP42000DY992255

    2. BMW Car 760 U, Model 2014, Reg. No. -, Chassis No. CH-WBAHP42020DY99226

    3. Toyota Land Cruiser Jeep (Protected), Model 2014, Reg. No. Un-registered, Chassis No. URJ2024093203

    4. Toyota Land Cruiser, Model 2008, Reg. No. CD-94-02, Chassis No. JTECB01J301032994

    5. Toyota Land Cruiser, Model 2008, Reg. No. CD-94-03, Chassis No. JTEEV73J400002043

    6. Mercedes Benz Car (Protected), Model 2005, Reg. No. LEK-9939 (un-registered), Chassis No. WDB-2201752A473693

    7. Mercedes Benz Car (Protected), Model 2005, Reg. No. GD-346, Chassis No. WDB-2201762A457073

    8. Mercedes Benz Car (Protected), Model 2005, Reg. No. IDJ-6984 (unregistered), Chassis No. WDB-2201752A476036

    9. Mercedes Benz Car (Protected), Model 2005, Reg. No. IDF-9084 (un-registered), Chassis No. WDB-2201752A475123

    10. Stretched Limousine Car (Protected), Model 2005, Reg. No. GF-037, Chassis No. WDB-2201752A457643

    11. Toyota Lexus Jeep (Protected), Model 2005, Reg. No. Un-registered, Chassis No. JTJHT00W633531475

    12. Mercedes Benz Car (Protected), Model 2005, Reg. No. GD-341, Chassis No. WDB-2201762A457435

    13. BMW 760LI, Model 2014, Protected, Reg. No. Un-registered, Chassis No. WBAPH42070DY99223

    14. Mitsubishi Lancer S/Saloon, Model 1994, Reg. No. LOY-9760, Chassis No. CSNCBIRU00812

  • Car import climbs up by 185 percent in July – October

    Car import climbs up by 185 percent in July – October

    ISLAMABAD: The import of motor cars has climbed up by 185 percent during first four months (July – October) of current fiscal year 2020/2021 after ease in coronavirus lockdown.

    The import of Completely Built Units (CBU) motor cars increased to $58 million during July – October of the current fiscal year as compared with $20.24 million in the same period of the last fiscal year, Pakistan Bureau of Statistics (PBS) said on Wednesday.

    Industry experts said that as coronavirus lockdown eased in Pakistan as well as in other countries, the overseas Pakistanis cleared the motor vehicles under various schemes granted by the government.

    The commercial import of motor cars is not allowed in Pakistan. However, Pakistanis are allowed to bring motor vehicles under schemes including transfer of residence, gift scheme and personal baggage.

    In the past these scheme were grossly misused and the government while taking strict action imposed restriction that clearance of motor vehicles would only be allowed on payment of duty and taxes out of those amount which was remitted into Pakistan with evidence of banking channels.

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  • Car import climbs up by 167 percent in first quarter

    Car import climbs up by 167 percent in first quarter

    ISLAMABAD: The import of motor cars has surged by 167 percent during first quarter of current fiscal year owing to after ease in coronavirus lockdown globally.

    The import of Completely Built Units (CBU) motor cars increased to $39.15 million during July – September 2020 as compared with $14.69 million in the same period of the last fiscal year, Pakistan Bureau of Statistics (PBS) said on Saturday.

    Industry experts said that as coronavirus lockdown eased in Pakistan as well as in other countries the overseas Pakistanis cleared the motor vehicles under various schemes granted by the government.

    The commercial import of motor cars is not allowed in Pakistan. However, Pakistanis are allowed to bring motor vehicles under schemes including transfer of residence, gift scheme and personal baggage.

    In the past these scheme were grossly misused and the government while taking strict action imposed restriction that clearance of motor vehicles would only be allowed on payment of duty and taxes out of those amount which was remitted into Pakistan with evidence of banking channels.

  • FBR collects Rs100 billion as duty, taxes from imported cars

    FBR collects Rs100 billion as duty, taxes from imported cars

    ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs100 billion as customs duty and sales tax on import of cars during fiscal year 2019/2020, according to official documents.

    The total revenue from imported cars fell by 31 percent to Rs100 billion during fiscal year 2019/2020 as against Rs144.5 billion in the preceding fiscal year.

    The fall in revenue collection from this head mainly attributed to restriction imposed by the government under which the clearance of imported cars has to be done through payment in foreign exchange and that should be verified by banks.

    Further, the global traveling restrictions following the spread of COVID-19 pandemic also hampered the revenue growth under this head.

    According to official statistics the FBR collected Rs57 billion as customs duty on imported cars during fiscal year 2019/2020 as against Rs81.5 billion in the preceding fiscal year, registering a decline of 30 percent.

    Similarly, the collection of sales tax on imported cars fell by 32 percent to Rs43 billion during fiscal year 2019/2020 as compared with Rs63 billion in the preceding fiscal year, showing a decrease of 32 percent.

    The country imported motor cars worth $99 million during fiscal year 2019/2020 as compared with $222 million in the preceding fiscal year, showing a decline of 55 percent, according to data released by Pakistan Bureau of Statistics (PBS).

  • Policy for import of bullet proof vehicles unveiled

    Policy for import of bullet proof vehicles unveiled

    ISLAMABAD: The ministry of commerce has unveiled policy for import of bullet proof vehicles both in new and used condition.

    The ministry issued SRO 902(I)/2020 dated September 25, 2020 to notify Import Policy Order, 2020 and explained the requirement for import of bullet proof vehicles.

    The bullet proof vehicles are importable on the recommendation of Ministry of Interior subject to following conditions:

    (i) Requests for import of bullet proof vehicles are routed through concerned Provincial Government, which will determine the genuineness of the requirements of the applicant;

    (ii) The applicant will clearly indicate the features of the vehicle proposed to be imported by him;

    (iii) Undertaking be obtained from the applicant that he will ply the vehicle only in high security risk areas; and

    (iv) The vehicle will only be disposed of after obtaining NOC from Ministry of Interior.

    (v) The same conditions and procedures mentioned above shall apply mutatis mutandis, if bullet proof vehicles are imported under Personal Baggage, gift and Transfer of Residence Schemes.

  • Car import surges by 180 percent

    Car import surges by 180 percent

    KARACHI: The import of motor cars has increased by 180 percent during first two months of current fiscal year due to normalization of life after lifting of corona lockdown.

    The import of motor cars was at $26.53 million during July – August 2020 as compared with $9.46 million in the corresponding period of the last year, showing an increase of 180 percent.

    The commercial import of motor cars is not allowed in Pakistan. However, under different schemes such as personal luggage, gift and transfer of resident schemes the overseas Pakistan can bring motor cars in Pakistan.

    In the past these scheme were grossly misused and the government while taking strict action imposed restriction that clearance of motor vehicles would only be allowed on payment of duty and taxes out of those amount which was remitted into Pakistan with evidence of banking channels.

    The import of motor vehicles in completely built units (CBU) including motor cars recorded an increase of 151 percent to $47.18 million during first two months of current fiscal year as compared with $18.76 million in the same period of the last fiscal year.

  • ECC approves expanding duty free car import scheme for disabled persons

    ECC approves expanding duty free car import scheme for disabled persons

    ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday granted approval to expand the scheme of duty free car import by disabled persons.

    (more…)