Auctions of Seized Vehicles Under Scrutiny
Smuggled vehicles confiscated by the Customs Department, a subsidiary of the Federal Board of Revenue (FBR), are being auctioned at …
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Alert: Massive Price Increase Ahead
Locally assembled cars in Pakistan are set to witness a massive price increase in the wake of the latest tax …
Alert: Massive Price Increase Ahead Read More
Citing Risk of Revenue Decline, FBR Rejects 18% GST
The Federal Board of Revenue (FBR) has rejected the proposal from the Ministry of Industries to implement an 18% general …
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FBR Opposes Proposal for Temporary Vehicle Import/ Export
The Ministry of Commerce’s proposal to permit the temporary import and export of damaged vehicles for repair purposes has encountered …
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FBR Denies Any Amnesty Scheme for NCP Vehicles
A planned amnesty scheme for non-customs paid (NCP) vehicles has been ruled out by the Federal Board of Revenue (FBR), …
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FBR Creates Special Category for Sale of Imported Diplomatic Vehicles
Diplomatic missions and embassies can now sell their used imported vehicles in Pakistan after two years without paying duties or …
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Regulatory Duty on Used Cars Import Expire- FBR Yet to Confirm
The Government of Pakistan has abolished the regulatory duties (RD) on the import of used cars with an engine capacity of up to 1800cc, making these vehicles significantly less expensive and more accessible to consumers.
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FBR to Allow Temporary Import of Vehicles in Pakistan
The government has established a new regulation that permits foreigners traveling to Pakistan for leisure or business to bring their vehicles with them for a duration of three months.
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FBR Aims to Buy 155 Luxury Vehicles
Federal Board of Revenue (FBR) has planned to buy 155 luxury vehicles, at a cost of over Rs 1.6 billion, in the name of taxpayers’ facilitation out of a foreign loan meant to upgrade its obsolete information technology system.
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FBR Cuts Customs Duty on Importing Car Parts
Federal Board of Revenue (FBR) will now charge a 15% customs duty on the import of components for the assembly/ manufacture of new motorcars including station wagons and racing cars. Earlier, a 32.5% customs duty was applicable on the import of components for the assembly/ manufacture of new motor cars.
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