Islamabad January 5 2021: Ministry of Commerce submitted a summary for rationalization of tariff on import of vehicles and other items requested by MOIP & other sectors. The meeting discussed the summary in details and approved recommendations of the Tariff Policy Board with some modifications. The forum also decided to review some recommendations relating to automotive sector after six months.
A L S O || R E A D
Pak Suzuki Prices to go up by PKR 76,000 to PKR 81,000 If Mini Budget Get Parliament Nod
Regulatory duty on hybrid vehicles 1,501 cc to 1,800 cc has increased to 50 percent from 15 percent earlier.
Price of Toyota Prius and equal capacity hybrid cars are expected to increase in a range of PKR 930,000 to PKR 1,300,000 based on ¥ 1.9 million to ¥ 2.4 million price tag