Government Raises Duty on Imported Cars to Rs 1.5 million
The Pakistani government has increased the Customs valuation rate on imported cars with the engine displacement of 1,800CC. According to Pro Pakistani, the import duty would be raised by Rs. 200,000 to Rs. 1.5 million depending on the model of the vehicle. The said decision has been made all of a sudden without taking the stakeholders into confidence. The number imported cars in Pakistan are increasing.