Pakistan Revenue
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 […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading
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 […]
Continue Reading
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.
Continue Reading
KARACHI: The import of used and old cars massively fell by 55.41 percent during fiscal year 2019/2020 due to condition of payment of duty and taxes through foreign exchange imposed by the government. The import of used and old cars in Completely Built Unit (CBU) condition fell to $99 million during 2019/2020 as compared with […]
Continue Reading
KARACHI: The import of used and old cars witnessed sharp decline of 61 percent during first eleven months (July-May) of current fiscal year due to condition of payment of duty and taxes through foreign exchange imposed by the government. The import of used and old cars in Completely Built Unit (CBU) condition fell by 61 […]
Continue Reading
KARACHI: Pakistan Customs has announced auction of used vehicles to be held on June 04, 2020 at Anti-Smuggling Organization (ASO), East Wharf, Karachi. Following vehicles will be presented for the auction: 01. Used Toyota Lexus Car – Reg No. UC-868 -Model-2006-(As per seat Belt), Chassis: JTHBG 963905034702 / Engine EMH-3 GR-FE158467 – 3485 cc. 02. […]
Continue Reading
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed duty free import of used cars and their subsequent export after repair. The apex trade body in its proposals for budget 2020/2021 said that the UAE had developed Export Processing Zone (EPZ) for duty free import of used cars, their repair and subsequent […]
Continue Reading