PkRevenue.com – Pakistan’s upcoming budget for the 2024-25 fiscal year may bring revisions to duty and tax structures for motor vehicles, according to analysts at Insight Research.
(more…)Tag: vehicles
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		 Sindh May Deny Unregistered Vehicles Access to RoadsSindh Provincial Minister Sharjeel Memon, has announced plans to deny unregistered vehicles access to the province’s roads. (more…)
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		 China Posts 14.68% Jump in Used Vehicle Sales in April 2024Beijing, China – In a significant boost to the automotive sector, China’s used vehicle sales surged by 14.68 percent year-on-year in April 2024, according to industry data released by the China Automobile Dealers Association (CADA). (more…)
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		 Carmakers in South Korea Initiate Recall of Defective VehiclesFour major domestic and foreign car manufacturers in South Korea have announced voluntary recalls for approximately 11,160 vehicles due to manufacturing defects, as confirmed by the country’s transport ministry on Thursday. (more…)
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		 Customs Enforcement Karachi to Auction Used Cars on December 13Karachi, December 6, 2023 – The Collectorate of Customs Enforcement in Karachi has announced an upcoming auction of old and used cars scheduled for December 13, 2023. (more…)
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		 Negotiating Old Car Prices in PakistanIn the bustling automobile market of Pakistan, negotiating the prices of used cars has become a skill that both buyers and sellers strive to master. With a plethora of factors contributing to the valuation of pre-owned vehicles, the task of determining the right price often resembles a complex puzzle. (more…)
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		 Lahore Customs Intelligence announces vehicles auction on March 25, 2023ISLAMABAD: Lahore customs intelligence announced auction of motor vehicles to be held on March 25, 2023 at State Ware House, Directorate of Intelligence and Investigation-Customs, 358-Jahanzeb Block Allama Iqbal Town Lahore. (more…)
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		 Customs intelligence Karachi auctions old, used vehicles on March 21KARACHI: Directorate of Customs Intelligence and Investigation, Karachi announced auction of old and used vehicles to be held on March 21, 2023. (more…)
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		 Pakistan’s first hybrid electric vehicle launches on Nov 17, 2022Pakistan’s first hybrid electric vehicle is scheduled to be launched on November 17, 2022, according to a statement issued on Wednesday. Sazgar Engineering Works Limited in an announcement to Pakistan Stock Exchange (PSX) stated that the company had successfully assembled/manufactured locally the first hybrid electric vehicle (HEV) of Pakistan and is being launched under the brand ‘HAVAL’ as on November 17, 2022. HAVAl is a global SUV specialist; one of the four automotive brands within the GMW Group. With over five million sales worldwide, HAVAL is the third largest global SUV brand that delivers vehicles of the highest quality, engineering with world class components, including German-engineered stability control technology. In the pursuit of perfection, the company continuously improve vehicles’ safety, reliability, versatility, styling and technology. At HAVAL, the company puts success down to a combination of passion, commitment and always listening to the customers. Through innovation and dedication, the company aims to manufacture world-class SUVs that deliver undisputed value. Haval has been the highest selling SUV brand in the world’s largest economy for over 12 years straight and the No 1 pick-up manufacturer for over 25 years. The company is committed to establish HAVAL as the world’s leading specialist SUV brand. While other manufacturers are spreading their focus across a wide range of vehicles and platforms, HAVAL is specializing in what is the fastest growing automotive sector in the world. 
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		 Hyderabad Customs auctions NDP vehicles on October 27, 2022KARACHI: The Collectorate of Customs, Hyderabad has announced auction of non-duty paid (NDP) vehicles to be held on October 27, 2022 at State Ware House of the Collectorate. Following non-duty paid vehicles to be presented for the auction: 01. Swift car, bearing registration No. Plate AAJ-026, chassis No.ZC71S-403925, HP-1300cc, Model-2007. 02. Mira Car, bearing registration number plate BAX-369, chassis No.LA300S-0005693, HP-660, Model-2012. 03. Toyota Vitz Car, bearing registration number plate ALA-081, chassis No.SCP10-5060739, HP-1000, Model-2000 04. Toyota Premio car, bearing registration No. Plate ZV-826, chassis No.ZZT-240-5047054, HP-1800cc, Model-2005. 05. Toyota Mark X Car, bearing registration number plate QBA-862, Chassis No.GRX130-6009486, HP-2500cc, Model-2010 06. Toyota Mark X, bearing registration number plate GBS-598, chassis No.GRX121-1007924, HP-3000cc, Model-2006 07. Toyota Corolla XLI Car, chassis No.NZE120-6023637 HP-1300cc manual transmission Model 2005 (But physically alter engine Automatic 1800cc) with face Reg: No.AVP-916 (Accidental). 08. Honda City Car, bearing registration No. plate AGR-881, chassis No.NFBGE15A94R109396, HP-1300cc, Model-2004 09. Honda Civic Reborn Car, bearing registration No.plate ALT-505, chassis No.JHMFD-3620S201559, HP-1800cc, Model-2007 10. Toyota Mark-X car without registration number plate, chassis No.GRX130-6027816, HP-2500cc, Model-2010. 11. Toyota Mark X Car, bearing registration number plate HS-149, Chassis No.GRX120-0030298, HP-2500cc, Model-2005 12. Suzuki Alto Car, bearing registration number plate AFR, Chassis No.HA36V-108638, HP-660cc, Model-2015. 13. Toyota Passo Car, bearing registration number plate LED-4482, Chassis KGC10-0260829, HP-1000cc, Model-2009. 14. Toyota Premio car, bearing registration number plat AJU-756, chassis No.ZZT240-5032311, HP-1800cc, Model-2004. 15. Toyota Vitz car, bearing registration number plat AKJ-343, chassis No.SCP10-0219440, HP-1000cc, Model-2000. 16. Mini Mitsubishi Pajero, bearing registration number plat BD-8358, chassis No.H57A-0002853, HP-660cc, Model-1995. 17. BMW car, bearing registration number plate KU-088, chassis No.WBAGN62030DE56518, HP-5972cc, Model-2002. READ MORE: Electricity withholding tax not applicable on ATL domestic consumers READ MORE: Tax rates on goods, passenger transport vehicles during 2022-2023 READ MORE: FBR notifies tax rates on brokerage, commission during 2022-2023 READ MORE: Non-ATL to pay 200% more tax on motor vehicle purchase during 2022-2023