Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

FBR proposes new rules for import of vehicles

byCT Report
26/10/2024
in Breaking News, Islamabad, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a draft amendment to Pakistan’s Customs Rules 2001, introducing significant changes to the temporary import rules for vehicles brought into the country by tourists.

The amendment allows tourists to keep their vehicles in Pakistan duty-free for up to three months, provided specific conditions are met.

You might also like

China donates livestock vaccines for CPEC 2.0

01/10/2026

Only four new traders file returns under FBR’s fixed tax scheme, Senate panel told

01/10/2026

According to the FBR’s notification, tourists wishing to bring their vehicles into Pakistan must submit a declaration affirming that they will not transfer ownership of the vehicle while in the country.

In cases where the vehicle is not re-exported after the three-month period, the vehicle’s owner must provide an advance bank guarantee to customs authorities. The customs collector will be able to extend the stay of the vehicle by three months after receiving the guarantee.

For the same vehicles re-entering Pakistan, a limited temporary stay of only 14 days will be permitted, with an exception for vehicles operated by foreign tour agencies, which will be allowed a second three-month entry within a year.

The FBR has also introduced relaxation for unforeseen situations. In case of illness of an importer or the vehicle meeting an accident, the vehicle may remain in the country for up to six months. In this case, the tourist will be bound to furnish a fresh bank guarantee to the Customs collector.

Failure to provide the required bank guarantee will bind the tourist to surrender the vehicle to the Customs department. Additionally, importers will have the option to obtain a permit from the Ministry of Commerce by paying the applicable customs duty for an extended stay.

The FBR has invited recommendations and feedback from stakeholders on the proposed amendments, aimed at providing flexibility for tourists while ensuring proper regulatory oversight.

Related Stories

China donates livestock vaccines for CPEC 2.0

byCT Report
01/10/2026

ISLAMABAD: Minister for National Food Security Rana Tanveer Hussain has called upon agricultural scientists and researchers to develop focused and...

Only four new traders file returns under FBR’s fixed tax scheme, Senate panel told

byCT Report
01/10/2026

LAHORE: Only four new traders filed tax returns under the government's fixed tax scheme by the statutory deadline, prompting the...

APTMA urges govt to save textile economy

byCT Report
01/10/2026

LAHORE: All Pakistan Textile Mills Association (APTMA) in its 67th Annual General Meeting has demanded the government to save textile...

Container vessel may be leased to support exporters if cargo volumes suffice

byCT Report
01/10/2026

KARACHI: Seeking to help exports beat rising global freight charges and supply chain shortages spawned by rerouted ships, the federal...

Next Post

Govt financing cost drop to reduce debt servicing charges: Finance Minister

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.