US Edition
Import Duties on Food, Auto Cut
- On Wednesday, the Federal Board of Revenue issued a notification slashing import duties, with presidential assent on June 30, and the changes taking effect from July 1.
- Following the June 26 passage of the Finance Bill 2025, the government reduced import duties to ease inflation and boost trade for the 2025-26 fiscal year.
- The FBR reduced import duties on SUVs by 44% to 50%, mobile SIM cards from 15% to 12%, and new cars to 10%, with hybrid vehicles receiving only 2.7% relief.
- Trade experts say the duty cuts could revive demand and lower prices, with models like Toyota Vitz seeing significant drops, easing inflation pressures.
- More broadly, these duty reductions aim to formalize imports, curb smuggling, and support Pakistan's long-term economic growth, as authorities seek to boost tax collection and modernize the automotive market.
15 Articles
15 Articles
From SUVs to food: Govt cuts regulatory duties on several imported items
Tobacco products see duty reduction of up to 40%.Regulatory duty on SIM cards now stands at 12%.SUVs see 44% slash in regulatory duty.ISLAMABAD: The federal government has slashed regulatory duties on imported items including luxury...
Govt Introduces Massive Import Duty Cuts on Luxury SUVs and Cars Under Finance Act 2025
In a major policy shift under the Finance Act 2025, the Government of Pakistan has reduced import duties on luxury vehicles, including high-end SUVs like the LC300, LC200, LX570, and LX600. The revised duties aim to provide relief to automotive enthusiasts and make imported vehicles more affordable for buyers across the country. What’s Changed? As part of the new fiscal measures, the Regulatory Duty (RD) on cars above 1800cc has been cut by 40%.…
Import duties on food, auto cut
In a major policy shift, the government on Tuesday announced a significant reduction in restrictive regulatory duties on imported food, vehicles, and personal care goods. The decision benefits international food franchises and importers of new and old vehicles. The Federal Board of Revenue (FBR) issued a notification reducing regulatory duties on hundreds of imported items. These changes were approved by the federal cabinet through circulation. …
By Resolution 271/2025 published today in the Official Gazette, the national government simplified the import of new vehicles for both individuals and marketers, as anticipated by Federico Sturzenegger, holder of the Deregulation portfolio. The standard, which facilitates the acquisition of Model Configuration Licenses (LCM), a document that confirms that vehicles transiting the public space meet the safety requirements, will enter into force fr…
Coverage Details
Bias Distribution
- 80% of the sources lean Right
To view factuality data please Upgrade to Premium
