Reduction in duties on vehicles rejected

Auto industry to be consulted on used cars, duty cut: SAPM

LAHORE: The government has assured the auto industry of consulting its main stakeholders before taking final decisions on the proposals for tariff rationalisation and used car imports. The assurance was giv­en by Special Assistant to the Prime Minister (SAPM) and Minister-in-Charge for Industries and Production Haroon Akh­t­­ar Khan in a meeting with Lucky Motor Corporation (LMC) Chairman Muham­mad Ali Tabba on Friday. Mr Tabba shared his concer…

Reduction in duties on vehicles rejected

Lucky Motor Corporation Chairman Muhammad Ali Tabba has aired concerns over the government's proposed tariff rationalisation plan, particularly the reduction in duties on completely built-up (CBU) vehicles to 15% over a period of five years. Tabba emphasised that while the intent behind tariff rationalisation may be to make cars more affordable for customers, the proposal currently under consideration, if implemented without a well-thought-out a…

LMC raises concerns over tariff rationalization plan

May 23, 2025 (MLN): The government’s proposed Tariff Rationalization Plan includes reducing duties on Completely Built-Up (CBU) vehicles to 15% over five years. Chairman of Lucky Motor Corporation (LMC), Mr. Muhammad Ali Tabba, discussed this plan during a meeting with the Federal Minister for Finance and the Special Assistant to the Prime Minister on Industries & Production. Mr. Tabba emphasized that while the intent behind tariff rationalizati…