KARACHI: The demand for secondhand imported cars has been increased in the country. More than 10,000 cars have been imported from different countries including Japan. The cars were imported from July to November out of which 10217 cars imported through personal baggage scheme and 69 cars under transfer of residence scheme. Imports of second hand cars increased 10 percent. All Pakistan Motor Dealers Association has said that the cost of the imported cars is Rs 5.6 billion on which Rs 3.9 billion duty was paid.
FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report
ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...
