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

PAAPAM rejects objections on used car import policy

byCT Report
09/10/2025
in Breaking News, Latest News, National, Slider News
Share on FacebookShare on Twitter

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has strongly backed the government’s revised used car import policy under the “Motor Vehicles Safety, Quality and Environmental Standards for Imported Vehicles” notification issued on September 30, 2025.

In a statement, PAAPAM rejected objections raised by the All-Pakistan Motor Dealers Association (APMDA), calling them misleading and against national industrial interests.

You might also like

ICCI President visits GICC, explores avenues for Pakistan-China business collaboration

30/04/2026

CCP approves PIA acquisition by Arif Habib-led consortium

30/04/2026

The association said used car importers had for years exploited regulatory gaps without contributing to value addition or jobs. They benefited from a fixed duty regime on 1300cc vehicles, further reduced by 1% per month based on age. This distortion, said PAAPAM, penalised local manufacturers complying with safety, tax, and employment standards.

PAAPAM Chairman Usman Aslam Malik condemned these favours, saying they enabled under-taxed imports that hurt compliant producers. He noted over Rs60 billion in lost vendor revenue and more than 40,000 displaced jobs in FY2024-25. Malik said APMDA’s stance ignored the broader industrial impact, promoted the undocumented economy, and facilitated money laundering through car imports.

The revised policy introduces structured commercial imports with a 40% additional duty in year one, gradually reduced until FY2030, and requires safety and environmental certification through the Engineering Development Board (EDB).

Senior Vice Chairman PAAPAM Sheryar Qadir welcomed the new framework, saying it restores fairness and gives the local industry time to adapt.

PAAPAM also opposed APMDA’s demands to remove EDB oversight, reduce duties, and allow unregulated licensing, saying these would undermine safety, discourage investment, and repeat past policy abuses.

With over 65% local value addition and UN-standard safety regulations now in place, Pakistan’s auto industry is ready to meet consumer demand competitively.

“Pakistan’s industrial future depends on protecting jobs, investments, and innovation that come from domestic manufacturing—not rewarding those who contribute nothing to our economy,” Malik said.

The statement adds that PAAPAM reaffirms its commitment to work with the government and stakeholders to build a transparent, competitive, and resilient automotive sector.

Related Stories

ICCI President visits GICC, explores avenues for Pakistan-China business collaboration

byCT Report
30/04/2026

ISLAMABAD: President of the Islamabad Chamber of Commerce and Industry, Sardar Tahir Mehmood, visited the Guangzhou International Cooperation Center (GICC)...

CCP approves PIA acquisition by Arif Habib-led consortium

byCT Report
30/04/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Pakistan International Airlines Corporation Limited (PIA) by...

Federal Tax Ombudsman detects major tax system hack involving fake GST claims

byCT Report
30/04/2026

LAHORE: The Federal Tax Ombudsman (FTO) has exposed a significant cyber intrusion into Pakistan’s tax system, resulting in the unauthorized...

Challenges turned into opportunities by building shipping resilience: Junaid

byCT Report
30/04/2026

KARACHI: Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry says Pakistan can emerge as a rising regional economic power through...

Next Post

Ahsan directs to prepare new projects, provide fast-track facilities at SEZs under CPEC-2.0

  • 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.